It is 10 years ago since I acquired my house in Yateley. Conveyancing solicitors have now been appointed on the sale but I am unable to find the deeds. Will this jeopardise the sale?
Don’t worry too much. First there is a possibility that the deeds will be with your lender or they could be in the possession of the solicitor who acted in the purchase. Secondly in all probability the property will be recorded at the land registry and you will be able to prove you own the property by your conveyancing lawyers acquiring current official copies of the land registers. Nearly all conveyancing in Yateley involves registered property but in the unlikely event that your home is not registered it adds to the complexity but is resolvable.
We are purchasing a terrace house in Yateley. The intention is to convert the garage to an office at the house.Will legal due diligence on the property include investigations to ascertain if these alterations are allowed?
Your conveyancer will check the registered title as conveyancing in Yateley can sometimes identify restrictions in the title deeds which prevent categories of alterations or necessitated the consent of a 3rd party. Some additions call for local authority planning consent and approval under the building regulations. Certain areas are designated conservation areas and special planning restrictions apply which frequently prevent or impact extensions. You should check these issues with a surveyor ahead of any purchase.
Please help - my lawyer says that defective lease insurance is needed on my purchase. What is the typical level of cover needed for conveyancing in Yateley?
The appropriate level of defective lease indemnity insurance should be dictated by who who your lender is. It would differ for example between Barclays and Chelsea Building Society. Conveyancing practitioners as opposed to borrowers take out such policies.
After much negotiation I have agreed a price on an apartment in Yateley. My financial adviser suggested a conveyancer. I paid an advanced payment of £225. Soon after, the conveyancer called me to say that they were not on the UBS conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the UBS panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I've recently found out that there is a flying freehold element on a house I have offered on last month in what was supposed to be a simple, no chain conveyancing. Yateley is the location of the property. Is there any advice you can impart?
Flying freeholds in Yateley are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Yateley you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Yateley may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
What tools are available to locate a Yateley solicitor on the Aldermore conveyancing panel? I drive a motor bike and am willing to travel upto 20kilometers to meet the conveyancer.
You can use the facility on this page. Please pick a bank and your location and you will see a number of Yateley conveyancing lawyers located nearest you. We have detailed some Yateley conveyancing firms at the bottom of this page and you can telephone them to check whether they are on the Aldermore member panel
I need to retain a conveyancing solicitor for residential conveyancing in Yateley. I've chance upon a web site which appears to be the perfect offering If it is possible to get all this stuff completed via email that would be preferable. Should I be concerned? What should out be looking out for?
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?
I have just appointed agents to market my basement flat in Yateley. Conveyancing is yet to be initiated, but I have recently had a yearly service charge demand – what should I do?
It best that you pay the invoice as you normally would because all ground rent and service charges will be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
I bought a studio flat in Yateley, conveyancing formalities finalised July 2001. Can you give me give me an indication of the likely cost of a lease extension? Equivalent properties in Yateley with over 90 years remaining are worth £195,000. The ground rent is £45 invoiced annually. The lease ceases on 21st October 2085
With 62 years left to run the likely cost is going to be between £17,100 and £19,800 as well as plus your own and the landlord's "reasonable" 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 comprehensive investigations. You should not use this information in tribunal or court proceedings. There are no doubt other concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. You should not move forward based on this information without first getting professional advice.