I am looking to buy a house and need a conveyancing solicitor in Penshaw who is on the The Mortgage Works approved. Could you point me in the right direction as regards a conveyancing firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for The Mortgage Works in certain locations such as Penshaw. We dont recommend any particular firm.
I am purchasing a house and the solicitor has referenced Chancel Repair to which the property could be liable as it falls into the area of such a church. He has recommended insurance. Is this strictly appropriate for conveyancing in Penshaw
Unless a previous purchase of the house completed post 12 October 2013 you can expect lawyers conducting conveyancing in Penshaw to remain recommending a chancel search and or insurance against a claim.
Are there restrictive covenants that are commonly identified as part of conveyancing in Penshaw?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Penshaw. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Over the last few months I have been searching for a ground for flat up to £305k and identified one close by in Penshaw I like with open areas and station nearby, the downside is that it's only got 51 years on the lease. I can't really find anything else in Penshaw in this price bracket, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you require a mortgage the shortness of the lease will be an issue. Reduce the price by the amount the lease extension will cost if not already taken into account. If the current proprietor has owned the premises for a minimum of 2 years you could request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this.
What tools are available to identify a Penshaw solicitor on the Halifax conveyancing panel? I drive a motor bike and am prepared to travel upto 20miles to meet the conveyancer.
You can use the facility on this page. Please pick a lender and your location and you will see a number of Penshaw conveyancing lawyers locally. We have detailed some Penshaw conveyancing firms towards the end of this page and you can ring them to check whether they are on the Halifax member panel
I own a leasehold flat in Penshaw. Conveyancing and Nationwide Building Society mortgage went though with no issue. A letter has just been received from someone claiming to own the reversionary interest in the property. Attached was a ground rent demand for rent dating back to 1997. The conveyancing practitioner in Penshaw who previously acted has long since retired. Do I pay?
First contact the Land Registry to be sure that the individual purporting to own the freehold is indeed the registered owner of the freehold reversion. It is not necessary to incur the fees of a Penshaw conveyancing lawyer to do this as it can be done on-line for less than a fiver. You should note that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
Penshaw Conveyancing for Leasehold Flats - A selection of Queries before buying
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It would be sensible to discover as much as possible regarding the managing agents as they can either make living at the property much simpler or a lot more difficult. As the proprietor of a leasehold property you are often in the clutches of the managing agents both financially and when it comes to practical issues like the cleanliness of the common parts. Don't be shy to ask prospective neighbours if they are happy with them. In conclusion, investigate as to the dates that the service charges are due to the managing agents and specifically how they are spending the funds. Please tell me if there are any major works in the planning that will likely add a premium to the maintenance fees?