A colleague suggested that if I am purchasing in Yarm On Tees I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is sometimes included in the estimate for your Yarm On Tees conveyancing searches. It is a large document of more than thirty pages, listing and setting out significant information about Yarm On Tees around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Yarm On Tees Education with plans and statistics, Local Amenities and other useful data regarding Yarm On Tees.
I have justfound out that Arc property Solicitors have been shut down. They carried out my conveyancing in Yarm On Tees for a purchase of a freehold house 18 months ago. How can I be sure that the property is in my name in the name of the previous owner?
The quickest method to see if the property is in your name, you can make 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 Yarm On Tees conveyancing specialists.
Due to the input of my in-laws I had a survey completed on a property in Yarm On Tees ahead of retaining lawyers. I have been advised that there is a flying freehold overhang to the house. My surveyor advised that some banks will not issue a loan on this type of house.
It varies from the lender to lender. Lloyds has different requirements from Birmingham Midshires. Should you wish to telephone us we can check with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Yarm On Tees. Conveyancing may be slightly more expensive based on your lender's requirements.
I need to find a conveyancing solicitor for sale conveyancing in Yarm On Tees. I've stumble upon a web site which looks to be the perfect answer If there is a chance to get all the legals done via web that would be preferable. Do I need to be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
My wife and I purchased a leasehold flat in Yarm On Tees. Conveyancing and Virgin Money mortgage organised. I have received a letter 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 practitioner in Yarm On Tees who previously acted has now retired. Any advice?
The first thing you should do is contact HMLR to make sure that the individual claiming to own the freehold is indeed the new freeholder. You do not need to instruct a Yarm On Tees conveyancing firm to do this as it can be done on-line for a few pound. Rest assured that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I am the registered owner of a 1st floor flat in Yarm On Tees, conveyancing formalities finalised half a dozen years ago. Can you work out an approximate cost of a lease extension? Comparable flats in Yarm On Tees with a long lease are worth £181,000. The average or mid-range amount of ground rent is £55 charged once a year. The lease terminates on 21st October 2074
With only 51 years left to run we estimate the premium for your lease extension to span between £30,400 and £35,200 plus professional fees.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of comprehensive investigations. You should not use this information in tribunal or court proceedings. There may be additional concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. You should not move forward based on this information before seeking the advice of a professional.
What is the average conveyancing fee for conveyancing in Yarm On Tees?
The average fee last year for conveyancing in Yarm On Tees was £1,500 not including SDLT and HMLR charges.