My wife and I purchased a terraced Victorian house in Kingston Park. Conveyancing solicitor represented me and TSB. I happened to do a free search for it on the Land Registry database and I saw two entries: one for freehold, another for leasehold under the exact same address. If a house is not a freehold shouldn't I have been informed?

You need to read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Kingston Park and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also check the position with the conveyancing practitioner who conducted the conveyancing.

Just had an offer accepted on a new build flat in Kingston Park. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.

Set out below are examples of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Kingston Park

Please confirm the Lease plans are surveyor prepared. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.

I opted to have a survey completed on a property in Kingston Park in advance of appointing conveyancers. I have been informed that there is a flying freehold overhang to the property. Our surveyor advised that some lenders will not issue a mortgage on this type of house.

It depends who your proposed lender is. Santander has different instructions for example to Nationwide. If you call us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Kingston Park. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Kingston Park to see if the conveyancing will be more expensive.

What makes a Kingston Park lease unacceptable for security purposes?

Leasehold conveyancing in Kingston Park is not unique. All leases are unique and drafting errors can sometimes mean that certain clauses are erroneous. The following missing provisions could result in a defective lease:

Maintenance charge proportions which don’t add up to the correct percentage Insurance obligations

You may have a problem when selling your property if you have a defective lease as they can affect a potential buyer’s ability to obtain a mortgage. Nationwide Building Society, The Mortgage Works, and Barclays Direct all have express conveyancing instructions when it comes to what is expected in a lease. If a mortgage lender believes that the lease is defective they may refuse to grant the mortgage, forcing the purchaser to pull out.

I bought a garden flat in Kingston Park, conveyancing having been completed in 1997. How much will my lease extension cost? Corresponding properties in Kingston Park with a long lease are worth £185,000. The ground rent is £65 levied per year. The lease expires on 21st October 2084

With 60 years unexpired we estimate the price of your lease extension to range between £20,000 and £23,000 plus professional fees.

The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to provide the actual costs without more detailed due diligence. You should not use the figures in tribunal or court proceedings. There are no doubt other concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Please do not move forward based on this information without first getting professional advice.

Please can you recommend a cheap Kingston Park solicitor for purchasing a flat? A relative recommended one but their quote was £995 plus VAT for a 175k property. I think thats a tad expensive. The bank will be Yorkshire BS.

The purpose of this site is restricted to being a directory service for conveyancing practitioners who want to be listed as being on the approved conveyancing panel for Yorkshire BS in certain locations for instance Kingston Park . We dont recommend any particular property lawyer.