I am buying a property without a mortgage in Consett. I have resided for the previous dozen years in Consett. Conveyancing searches are exorbitant. Given that I know the road and vicinity very well must I have all the conveyancing searches?

In the absence of a home loan, then almost all of the Consett conveyancing searches are non-obligatory. Your lawyer will ’encourage you, no-doubt strongly, that you should have searches done, but she is duty bound to do this. Do bear in mind; if you are likely to dispose of the house at a future date, it may be of relevance to your future purchaser what the searches reveal. There are plenty of instances where houses with apparent issues can still throw up unpredicted search results. A good conveyancing solicitor in Consett should be able to give you some helpful guidance here.

It is a dozen years since I purchased my house in Consett. Conveyancing solicitors have recently been instructed on the sale but I can't locate my deeds. Will this jeopardise the sale?

Don’t worry too much. First there is a possibility that the deeds will be kept by your lender or they could be in the possession of the solicitor who oversaw the purchase. Secondly the chances are that the property will be registered at the land registry and you will be able to prove you are the registered owner by your conveyancing lawyers procuring up to date copy of the land registers. Most conveyancing in Consett involves registered property but in the unlikely event that your home is unregistered it is more problematic but is resolvable.

Do commercial conveyancing searches disclose impending roadworks that could impact a commercial land in Consett?

Many commercial conveyancing solicitors in Consett will execute a SiteSolutions Highways report as it reduces the time that conveyancers invest in investigating accurate data on highways that impact buildings and development assets in Consett. The report 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 Consett.

For every commercial conveyancing transaction in Consett it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately may cause delays to Consett commercial conveyancing transactions as well as pose a risk to future intentions for the site. These searches are not carried out for domestic conveyancing in Consett.

I've recently found out that there is a flying freehold issue on a house I put an offer in two weeks back in what should have been a quick, chain free conveyancing. Consett is where the house is located. Can you offer any assistance?

Flying freeholds in Consett are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Consett 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 Consett may determine 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 premises.

I own a leasehold house in Consett. Conveyancing and Accord Mortgages Ltd mortgage went though with no issue. I have received a letter from someone saying they have taken over the freehold. Attached was a ground rent demand for rent dating back to 1996. The conveyancing solicitor in Consett who previously acted has now retired. Do I pay?

The first thing you should do is make enquiries of the Land Registry to make sure that this person is in fact the registered owner of the freehold reversion. It is not necessary to instruct a Consett conveyancing solicitor to do this as you can do this on the Land Registry website for £3. You should note that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.

I invested in buying a basement flat in Consett, conveyancing was carried out in 1998. How much will my lease extension cost? Similar flats in Consett with a long lease are worth £255,000. The ground rent is £45 invoiced annually. The lease ceases on 21st October 2098

With just 73 years unexpired the likely cost is going to range between £8,600 and £9,800 as well as costs.

The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to provide the actual costs without more detailed due diligence. You should not use this information in tribunal or court proceedings. There are no doubt other concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. Please do not take any other action based on this information before seeking the advice of a professional.