Despite weeks of looking the Title Certificate and documents to my property are lost. The lawyers who did the conveyancing in Cringleford 5 years ago have long since closed. What are my options?
Gone are the days when you need to hold title original deeds to prove you are the owner of your registered land or property, given that the Land Registry have everything they need in a digital format.
Yesterday I discovered that there is a flying freehold element on a house I put an offer in two weeks back in what should have been a quick, chain free conveyancing. Cringleford is where the house is located. Is there any advice you can give?
Flying freeholds in Cringleford are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Cringleford you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Cringleford may ascertain 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.
My partner has urged me to use his conveyancing solicitors in Cringleford. Should I use them?
No doubt the best way to find a conveyancing solicitor is to get referrals from friends or family who have actually experience in using the solicitor that you are are thinking of instructing.
Estate agents have just been given the go-ahead to market my garden apartment in Cringleford. Conveyancing has not commenced, however I have just received a half-yearly service charge invoice – Do I pay up?
The sensible thing to do is discharge the maintenance contribution as you normally would as all ground rent and service charges should be allotted as part of the financial calculations for completion monies, so you will be reimbursed by the buyer for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer unless 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 acquired a 2 bed flat in Cringleford, conveyancing formalities finalised in 1997. Can you give me give me an indication of the likely cost of a lease extension? Equivalent flats in Cringleford with an extended lease are worth £176,000. The ground rent is £50 invoiced annually. The lease ends on 21st October 2105
With just 80 years remaining on your lease we estimate the price of your lease extension to span between £7,600 and £8,800 as well as legals.
The suggested premium range above a general guide to costs for renewing a lease, but we are not able to advice on the actual costs without more detailed due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There may be additional issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. You should not move forward placing reliance on this information without first seeking the advice of a professional.
I need to consider quotes for conveyancing in Cringleford from various property lawyer and appoint one. Should I ask them to hold tight until I a suitable house to buy.
You should only ask your conveyancer to commence work and submit searches after the offer has been agreed to on the property especially as Cringleford conveyancing searches are not inexpensive.