I am selling our property in Rugby and according to the buyers it appears that there is a risk of it being constructed on contaminated land. Any high street Rugby lawyer would know this is not the case. For the life of me I don't know why the purchasers used a factory type conveyancing practice as opposed to a conveyancing solicitor in Rugby. Having lived in Rugby for 4 years we know of no issue. Should we get in touch with our local Authority to get confirmation need.
It sounds as though you may have a conveyancing firm already. Are they able to advise? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
Despite weeks of looking the Title Certificate and documents to my house are lost. The conveyancers who did the conveyancing in Rugby 5 years ago have long since closed. Will I be able to sell the house?
Assuming you have a registered title the information relating to your ownership will be recorded by the Land Registry under a Title Number. It is possible to conduct a search at the Land Registry, identify your house and get up to date copies of the property title for less than a fiver. If the property is Leasehold then the Land Registry will also normally retain a certified duplicate of the Registered Lease and again, a copy can be retrieved for £20 inclusive of VAT.
I am buying a new build apartment in Rugby. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here are examples of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Rugby
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Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Please supply a car parking plan. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
I have been on the look out for a ground for flat up to £305k and identified one round the corner in Rugby I like with open areas and station in the vicinity, however it only has 49 years unexpired on the lease. I can't really find anything else in Rugby 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 the remaining unexpired lease term will be a potential deal breaker. Discount the price by the expected lease extension will cost if not already taken into account. If the current owner has owned the premises for at least 2 years you could request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should consult your conveyancing lawyer regarding this.
I am a sole trader looking to lease a unit on a shopping parade. Can you recommend solicitors offering fixed fees for non-domestic conveyancing in Rugby for below 2k?
We can recommend firms who host a wealth of experience of commercial conveyancing in Rugby, including the sale and acquisition of businesses as well as simply property. If you are hoping to purchase or sell a shop, pub, restaurant, office, retail unit or a complete business we will find you the right firm. As for the costs this will depend on the structure and nuances of the deal. Let us have your contact information or telephone us so that we can furnish you with comprehensive commercial conveyancing quote.
My husband and I may need to sub-let our Rugby ground floor flat for a while due to a career opportunity. We used a Rugby conveyancing firm in 2004 but they have since shut and we did not think at the time get any guidance as to whether the lease prohibits the subletting of the flat. How do we find out?
The lease dictates relations between the freeholder and you the leaseholder; specifically, it will set out if subletting is banned, or permitted but only subject to certain conditions. The rule is that if the lease contains no expres ban or restriction, subletting is permitted. Most leases in Rugby do not contain strict prohibition on subletting – such a provision would undoubtedly devalue the flat. Instead, there is usually a basic requirement that the owner notifies the freeholder, possibly supplying a duplicate of the sublease.
Rugby Leasehold Conveyancing - Sample of Questions you should consider Prior to buying
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Many Rugby leasehold properties will incur a service charge for the upkeep of the building invoiced by the freeholder. Should you purchase the property you will have to meet this contribution, usually periodically during the year. This can be anything from several hundred pounds to thousands of pounds for bigger purpose-built buildings. In all likelihood there will be a rentcharge to be met yearly, normally this is not a exorbitant figure, say approximately £50-£100 but you need to enquire as occasionally it could be prohibitively expensive. Is there a share of the freehold?