Can your site be used to find a Conveyancing solicitor in Sedgefield even if I’m not buying or disposing of a house, for instance if I want to buy a shop in Sedgefield with a loan from Accord Mortgages Ltd?
The service is mainly utilised to help choose residential conveyancing solicitors in Sedgefield but we have recorded towards the end of this page some Sedgefield commercial conveyancing firms. You will need to make contact with the firm directly to see if they can also act for Accord Mortgages Ltd
I am buying a right to buy a flat in Sedgefield. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Sedgefield you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Sedgefield.
five months have gone by since my purchase conveyancing in Sedgefield concluded. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I've recently found out that there is a flying freehold element on a property I put an offer in last month in what should have been a quick, chain free conveyancing. Sedgefield is the location of the property. Can you offer any assistance?
Flying freeholds in Sedgefield are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Sedgefield you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Sedgefield may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
Back In 2008, I bought a leasehold flat in Sedgefield. Conveyancing and Accord 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 ground rent demand for rent dating back to 1997. The conveyancing solicitor in Sedgefield who previously acted has now retired. Any advice?
First make enquiries of HMLR to be sure that this person is indeed the registered owner of the freehold reversion. You do not need to incur the fees of a Sedgefield conveyancing lawyer to do this as it can be done on-line for £3. Rest assured that in any event, even if this is the legitimate freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I own a 2 bed flat in Sedgefield, conveyancing having been completed half a dozen years ago. Can you please calculate a probable premium for a statutory lease extension? Similar flats in Sedgefield with over 90 years remaining are worth £206,000. The average or mid-range amount of ground rent is £45 charged once a year. The lease runs out on 21st October 2087
You have 66 years remaining on your lease we estimate the price of your lease extension to span between £12,400 and £14,200 as well as plus your own and the landlord's "reasonable" professional fees.
The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs without more detailed due diligence. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Neither should you move forward based on this information before getting professional advice.
I have been advised by various friends to expect up to two months for Sedgefield conveyancing to complete.This was 3 ago. The draft contract was only forwarded to my property lawyer a few days ago so now does it countdown?
It would be unwise bank on counting down any 6-8 week suggested period. Providing assurances as to exactly how how many weeks Sedgefield conveyancing will take is an impossible task. Without fail every Sedgefield conveyancing transaction has it’s bespoke set of complexities. As a result your solicitor will find it difficult to accurately predict the length of time it will take to complete your conveyancing in Sedgefield.