It is is a decade since I purchased my property in Yateley. Conveyancing solicitors have just been appointed on the sale but I am unable to locate the deeds. Will this cause complications?
You need not be too concerned. First there is a chance that the deeds will be retained by your mortgage company or they may be in the possession of the conveyancers who handled your purchase. Secondly in all probability the property will be recorded at the land registry and you will be able to establish that you own the property by your conveyancing solicitors acquiring up to date copy of the land registers. Nearly all conveyancing in Yateley involves registered property but in the unlikely event that your home is unregistered it is more problematic but is not insurmountable.
Do commercial conveyancing searches disclose planned roadworks that could affect a commercial estate in Yateley?
Many commercial conveyancing solicitors in Yateley will order a SiteSolutions Highways report as it reduces the time that conveyancers spend in looking into accurate data on highways that impact buildings and development assets in Yateley. The search result sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Yateley.
For every commercial conveyancing transaction in Yateley it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately may result in delays to Yateley commercial conveyancing transactions as well as pose a risk to future intentions for the site. These searches are not ordered for domestic conveyancing in Yateley.
Despite weeks of looking the Title Certificate and documents to my property can not be found. The lawyers who dealt with the conveyancing in Yateley 5 years ago no longer exist. What are my next steps?
In today’s world there are copies made of almost everything, and your conveyancer should be aware precisely where to locate all the relevant paperwork so you may purchase or sell your property without any difficulty. If duplicates can’t be found, your lawyer can arrange cover in the form of insurance or indemnities against future claims on your premises.
I am 17 days into a freehold purchase having been recommend to a firm by the estate agent to execute conveyancing in Yateley. I am am extremely frustrated with the level of service. Can you you assist me in finding new solicitors?
They would have to be very poor in order to consider replacing them. Has your mortgage offer been sent? In the event that it has you must inform them of the replacement conveyancer and get the mortgage documents are issued to the new lawyers. The solicitor ideally needs to be on the lenders approved list to avoid supplemental costs and frustration. So that should be your first question of the new solicitors. Our find a solicitor tool can help you find a lender approved solicitor for your conveyancing in Yateley
Last March I purchased a leasehold house in Yateley. Do I have any liability for service charges for periods before completion of my purchase?
In a situation where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I purchased a studio flat in Yateley, conveyancing having been completed January 2000. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable flats in Yateley with a long lease are worth £180,000. The average or mid-range amount of ground rent is £65 levied per year. The lease terminates on 21st October 2079
With 59 years remaining on your lease we estimate the premium for your lease extension to range between £20,900 and £24,200 as well as professional fees.
The suggested premium range above a general guide to costs for extending a lease, but we cannot give you the actual costs without more detailed investigations. You should not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. You should not take any other action based on this information without first seeking the advice of a professional.
To what extent are Yateley conveyancing solicitors duty bound by the Law Society to issue transparent conveyancing figures?
Inbuilt into the Solicitors Code of Conduct are prescriptive rules and regulations as to how the Solicitors Regulation Authority (SRA) allow solicitors to publicise their charges to clients.The Law Society have a practice note giving advice on how to publicise transparent charges to avoid breaching any such rule. Practice notes are not legal advice issued by the Law Society and is not intended as the only standard of good practice a conveyancing solicitor should adhere to. The Practice Note does, nevertheless, represent the Law Society’s view of acceptable practice for publicising conveyancing charges, and accordingly it’s a recommended read for any solicitor or conveyancer in Yateley or beyond.