I happen to be the sole recipient of my late grandmother’s will and I have everything in my name alone, including the my former home in Shenley. Conveyancing formalities meant that the Land Registry date was in September. I now wish to sell up. I do know about the Mortgage Lenders 6 month 'rule', meaning my proprietorship may be treated the same way as though I had purchased the property in September. Do I have to wait half a year to sell?
The CML handbook requires conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you could be affected by that. How sensible a view mortgage companies take of it, depend on the mortgage company as this provision is principally there to identify the purchase and immediately sell or the quick reselling of property.
Two weeks ago we had a mortgage agreed in principle with Kent Reliance. Shenley conveyancing lawyers have been appointed. How long does it take for Kent Reliance to forward the offer to the lawyer?
There is no definitive answer here. Have Kent Reliance conducted the survey? Have you informed Kent Reliance as to your lawyers' details and checked that your lawyers are on the Kent Reliance conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
At last I have had an offer on an apartment in Shenley agreed to, the owners do nevertheless have a tied purchase. The vendors have offered on a flat, however it’s not been accepted yet, and are looking at other properties booked. I have instructed a high street conveyancing solicitor in Shenley. What should be my next step? At what stage do I apply for the mortgage with Clydesdale?
It is normal to have apprehensions where there is a chain as you are unlikely to want to incur costs prematurely (mortgage application is approx £1k, then valuation, Shenley conveyancing search fees, etc). First, you must check that your solicitor is on the Clydesdale conveyancing panel. As to the subsequent phase this very much dictated by the circumstances of your transaction, attraction to this property and on the state of the market. In a buoyant market some home buyers will apply for a home loan with Clydesdale and pay for the valuation and only if it was satisfactory would they ask their lawyer to proceed with the conveyancing in Shenley.
Me and my brother have a terraced Edwardian house in Shenley. Conveyancing lawyer acted for me and Bank of Ireland. I did a free Land Registry search last week and there are two entries: the first freehold, another for leasehold under the exact same property. Is it worth asking Bank of Ireland to clarify?
You should review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Shenley and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with purchasers. You can also enquire as to the situation with the conveyancing lawyer who conducted the work.
I have been on the look out for a ground for flat up to £235,500 and found one round the corner in Shenley 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 Shenley suitable, so just wondered if I would be making a grave error acquiring a lease with such few years left?
Should you require a home loan the remaining unexpired lease term will be an issue. Discount 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 at least twenty four months you may request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should consult your conveyancing solicitor about this matter.
What makes your site different to alternative internet conveyancing brokers when it comes to conveyancing in Shenley?
At this site get an accurate quote via a Solicitor or Licensed Conveyancer that has a full understanding of the nuances of your conveyancing in Shenley. Unlike many estate agents and brokerage sites we do not operate kick-back arrangements with solicitors. Many agents and online brokers 'recommend' solicitors that pays the highest commission, rather than the best value conveyancing in Shenley
We expect to complete the sale of our £475,000 maisonette in Shenley next Wednesday. The management company has quoted £324 for Certificate of Compliance, building insurance schedule and previous years statements of service charge. Is the landlord entitled to charge an administration fee for a flat conveyance in Shenley?
For most leasehold sales in Shenley conveyancing will involve, questions about the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :
Answering pre-contract questions
Where consent is required before sale in Shenley
Copies of the building insurance and schedule
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I own a two-bedroom flat in Shenley. Given that I can not reach agreement with the landlord, can the Leasehold valuation Tribunal make a decision on the sum due for a lease extension?
Most certainly. We are happy to put you in touch with a Shenley conveyancing firm who can help.
An example of a Lease Extension decision for a Shenley property is Ground Floor Maisonette 17 Milton Road in January 2014. The Tribunal determined the premium payable by the Applicant to the should be £13,299 This case related to 1 flat. The remaining number of years on the lease was 71.73 years.
What advice do you have for searching for commercial conveyancing in Shenley?
First ask your friends and family who they used in the past and if they were happy with the service. Option 2 is to search the internet for conveyancing in Shenley. Telephone two or three from the list and request that they email you their conveyancing quote and speak to the lawyer who will handle your conveyancing before you commit. Third is to use our search tool to assist you in finding the right lawyers for you based on your unique factors including location,speed, complexity and who the proposed mortgage company is.Do not be fooled by £99 conveyancing solicitors in Shenley