I have just been advised by my broker that my Southborough the law firm I have appointed is not on the lender Conveyancing panel. How can I be sure if this is correct?
Your first step should be to call your Southborough conveyancer. It is reasonable to expect your lawyer to advise you what has happened. If they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your mortgage company.
I have recentlydiscovered that Arc property Solicitors have been shut down. They conducted my conveyancing in Southborough for a purchase of a leasehold flat 12 months ago. How can I establish that my home is not still registered in the name of the previous owner?
The quickest way to see 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 Southborough conveyancing specialists.
I am looking for a ground for flat up to £195,000 and found one near me in Southborough I like with amenity areas and railway links nearby, however it's only got 52 years unexpired on the lease. I can't really find anything else in Southborough in this price bracket, so just wondered if I would be making a mistake buying a short lease?
Should you need a mortgage that many years will be an issue. Discount the price 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 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 current lease term with a zero ground rent applied. You should consult your conveyancing lawyer regarding this.
We're first time buyers - agreed a price, but the estate agent told us that the seller will only issue a contract if we appoint the agent's chosen lawyers as they are insisting on a ‘quick sale’. Our preferred option is to instruct a family solicitor used to conveyancing in Southborough
It is unlikely the owners are behind this. If they desire ‘a quick sale', alienating a motivated purchaser is not the way to achieve this. Speak to the owners direct and make the point that (a)you are keen to buy (b)you are ready to progress, with finances arranged © you are chain free (d) you wish to move quickly (e)but you are going to instruct your preferred Southborough conveyancing lawyers - rather thanthose that will earn their negotiator at the agency a introducer fee or hit his conveyancing figures set by head office.
I own a leasehold house in Southborough. Conveyancing and Aldermore mortgage went though with no issue. A letter has just been received from someone claiming to own the reversionary interest in the property. It included a demand for arrears of ground rent dating back to 1994. The conveyancing solicitor in Southborough who previously acted has long since retired. What should I do?
First make enquiries of HMLR to be sure that the individual purporting to own the freehold is in fact the registered owner of the freehold reversion. It is not necessary to instruct a Southborough conveyancing practitioner to do this as you can do this on the Land Registry website for £3. Rest assured that regardless, even if this is the rightful freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
After months of negotiations we simply can't agree with our landlord on how much the lease extension should cost for our flat in Southborough. Can we issue an application to the Residential Property Tribunal Service?
You certainly can. We can put you in touch with a Southborough conveyancing firm who can help.
An example of a Lease Extension decision for a Southborough residence is 1 Southlands Court Southlands Road in September 2013. The Leasehold Valuation Tribunal determined that the premium to be paid by the tenant on the grant of a new lease, in accordance with section 56 and Schedule 13 of the Leasehold Reform, Housing and Urban Development Act 1993 was £30,541 This case was in relation to 1 flat. The unexpired term as at the valuation date was 50.57 years.
Can you set out the variety of conveyancing done by Southborough conveyancing practices?
In the main Southborough conveyancing firms manage to provide a wide array of assistance to domestic and rural land proprietors, sellers, buyers, landlords and tenants such as:
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House sale conveyancing in Southborough and wider afield
Home purchase conveyancing in Southborough and countrywide
Voluntary 1st registration of land Probate sale conveyancing Plot sales whether they are freehold or leasehold Transferring equity for instance transfer of a share in a property