Why do I have to pay up front when it comes to conveyancing in Page Green?
If you are buying a property in Page Green your lawyer will ask you put them with funds to cover the search fees. Generally this is asked for to cover the fees of the conveyancing searches. When the deposit is payable against the purchase price then this will be needed shortly in advance of exchange of contracts. The final balance that is due should be sent to your lawyer a couple of days prior to the day of completion.
I am purchasing a property and the conveyancer has raised the issue of Chancel Repair for which the house could be liable given it’s proximity to the area of such a church. She has suggested insurance. Is this strictly required for conveyancing in Page Green
Unless a previous acquisition of the premises completed post 12 October 2013 you could expect conveyancing practitioners handling conveyancing in Page Green to remain encouraging a chancel search and or insurance against a claim.
Just had an offer accepted on a new build flat in Page Green. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here are examples of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Page Green
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Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. There must be mutual enforceability of lessee’s covenants. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please confirm the Lease plans are architect prepared.
Over the last few months I have been searching for a ground for flat up to £245,000 and found one round the corner in Page Green I like with open areas and railway links nearby, the downside is that it only has 49 years unexpired on the lease. I can't really find anything else in Page Green in this price bracket, so just wondered if I would be making a mistake purchasing a lease with such few years left?
If you need a mortgage that many years will be problematic. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for a minimum of twenty four months you could request that they start the process of the extension and then assign it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should consult your conveyancing solicitor about this matter.
I am on look out for some leasehold conveyancing in Page Green. Before I get started I require certainty as to the remaining lease term.
Assuming the lease is recorded at the land registry - and most are in Page Green - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Following years of correspondence we are unable to agree with our landlord on how much the lease extension should cost for our flat in Page Green. Can we issue an application to the Residential Property Tribunal Service?
Most definitely. We are happy to put you in touch with a Page Green conveyancing firm who can help.
An example of a Freehold Enfranchisement decision for a Page Green residence is 22 Wakefield Road in January 2012. Following a vesting order Clerkenwell and Shoreditch County Court under section 26 of the Leasehold Reform,Housing and Urban Development Act 1993 on 9th May 2011 the Tribunal decided that the price that the Applicant for the freehold interest should pay is £17,400 This case affected 2 flats. The unexpired term as at the valuation date was 74.13 years.
Whilst your website is a good idea there are many lawyers listed near Page Green being on the mortgage company conveyancing panel. It would be a lot more helpful if you could recommend a specific firm on the bank approved panel?
We are not in the business of recommending one firm above another as the right Page Green conveyancing solicitor for you depends on where your priorities lie. For example you may require a local firm with Page Green knowledge or you might be looking for the low cost conveyancing. Before you appoint your lawyer we advise you to speak to two or three of the the firms listed to gain comfort as to which one is right for you..