Me and my brother purchased a semi-detached Georgian property in Sowerby Bridge. Conveyancing solicitor acted for me and Aldermore. I happened to do a free search for it on the Land Registry database and I saw two entries: one for freehold, another for leasehold under the exact same property. I thought I was buying a freehold how can I check?
You should read 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 proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Sowerby Bridge and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also question the position with your conveyancing lawyer who conducted the work.
Due to the advice of my in-laws I had a survey completed on a house in Sowerby Bridge ahead of retaining solicitors. I have been told that there is a flying freehold aspect to the property. Our surveyor advised that some lenders may refuse to issue a mortgage on such a premises.
It depends who your proposed lender is. Bank of Scotland has different instructions from Halifax. If you contact us we can check with the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Sowerby Bridge. Conveyancing will be smoother if you use a solicitor in Sowerby Bridge especially if they are familiar with such properties in Sowerby Bridge.
I'm refinancing my current home to a buy to let mortgage with Coventry Building Society and intend to use the remaining equity as a deposit on another property. The area we are looking at is Sowerby Bridge. Will your lawyers be able to act for both sets of banks and link together the conveyances?
Do use our search tool on this page to check that the conveyancers are approved by both banks. Having checked that they are the conveyancer will be able to tie up the two conveyancing matters but you should talk with you conveyancer and make clear your expectations and needs.
Is it best to appoint a Sowerby Bridge conveyancing lawyer who is local to the property I am buying? We have a good friend who can conduct the legal formalities but his firm is located over three hundred kilometers away.
The primary upside of using a high street Sowerby Bridge conveyancing firm is that you can attend the office to execute paperwork, present your ID and pester them if necessary. Having local Sowerby Bridge know how is a bonus. However nothing is more important than finding someone that will do a good and efficient job. If you know people who used your friend and on the whole were content that must surpass using an unknown Sowerby Bridge conveyancing lawyer just because they are round the corner.
I am on look out for some leasehold conveyancing in Sowerby Bridge. Before I get started I would like to find out the number of years remaining on the lease.
Assuming the lease is registered - and almost all are in Sowerby Bridge - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Sowerby Bridge Conveyancing for Leasehold Flats - Sample of Questions you should consider Prior to buying
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Is there a share of the freehold? What is the annual service fee and ground rent? Many Sowerby Bridge leasehold flats will incur a service bill for the upkeep of the block set on behalf of the management company. Should you buy the flat you will have to meet this charge, normally quarterly 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 amount, say approximately £50-£100 but you should to enquire it because on occasion it can be surprisingly expensive.
Why is New Build conveyancing in Sowerby Bridge more expensive?
Conveyancing in Sowerby Bridge for newly converted or new build properties can sometimes involve adoption of highways & drains, building regulations approval, planning permission, new build warranties such NHBC as well as additional questions and contractual concerns.