My lawyer has identified a a problem with the lease for the property we are buying in Rayleigh. The other side have suggested title insurance as a workaround. We are content with insurance and will cover the costs. Our conveyancer has advised that he must check that the mortgage company is willing to move forward with this solution. Who is the client here, us or the bank?
Even though you have a mortgage offer from the bank does not mean to say that the property will meet their requirements for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook conditions. You and the bank are the client. The appropriate lender provisions have to be complied with.
I have justbecome aware that Wolstenholmes have closed. They conducted my conveyancing in Rayleigh for a purchase of a leasehold apartment 10 months ago. How can I establish that my home is not still registered in the name of the former proprietor?
The easiest way to check if the property is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Rayleigh conveyancing specialists.
I have been pointed in your direction by numerous estate agents in Rayleigh to get a quote from a solicitor using your seach tool. Is there a financial incentive for Estate Agents to promote your lawyers rather than another?
We don’t give any financial incentive for sending work our way. We thought it would be too underhand a fee because a client could think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
As co-executor for the estate of my grandmother I am disposing of a house in Newport but live in Rayleigh. My solicitor (who is 200 miles from meneeds me to execute a statutory declaration ahead of completion. Can you recommend a conveyancing lawyer in Rayleigh who can witness and place their company stamp on the document?
Technically speaking you are not likely to need to have the documents witnessed by a conveyancing solicitor. Normally or notary public or solicitor will be fine regardless of whether they are located in Rayleigh
My wife and I purchased a leasehold flat in Rayleigh. Conveyancing and Godiva Mortgages Ltd mortgage are in place. I have received a letter from someone claiming to own the reversionary interest in the property. It included a demand for arrears of ground rent dating back to 1998. The conveyancing practitioner in Rayleigh who previously acted has long since retired. What should I do?
First make enquiries of the Land Registry to make sure that the individual purporting to own the freehold is in fact the registered owner of the freehold reversion. There is no need to instruct a Rayleigh conveyancing lawyer to do this as you can do this on the Land Registry website for less than a fiver. You should note that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Rayleigh Conveyancing for Leasehold Flats - Sample of Questions you should consider before Purchasing
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It is important to be aware if redecorating or some other significant cost is due shortly to be shared by the leaseholders and will dramatically increase the the service costs or necessitate a one off payment. Many Rayleigh leasehold apartments will be liable to pay a service bill for maintenance of the block invoiced on behalf of the landlord. Should you acquire the apartment you will have to meet this amount, usually in instalments throughout the year. This could vary from two or three hundred pounds to thousands of pounds for bigger purpose-built blocks. There will also be a rentcharge for you to pay annual, this is usually not a significant figure, say about £50-£100 but you should to check as sometimes it can be many hundreds of pounds.
I need to assess costs for conveyancing in Rayleigh from three conveyancer and appoint one. Am I right to tell them to sit tight until I a suitable flat to buy.
You should only get your property lawyer to commence work and apply for searches once the offer has been agreed to on the property particularly as Rayleigh conveyancing searches are costly.