The deeds to our property are lost. The solicitors who conducted the conveyancing in Thorpe Hesley 4 years ago no longer exist. What do I do?

You no longer need to have the physical original deeds to prove you are the owner of your registered land or premises, as the Land Registry hold details of all registered land or property electronically.

How does conveyancing in Thorpe Hesley differ for new build properties?

Most buyers of new build premises in Thorpe Hesley approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the premises is completed. This is because house builders in Thorpe Hesley typically purchase the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Thorpe Hesley or who has acted in the same development.

I have been pointed in your direction by a number of estate agents in Thorpe Hesley to locate a solicitor using your seach tool. Is there a financial advantage for Estate Agents to recommend your site over and above alternative conveyancing organisations?

We don’t give any financial incentive for pointing buyers and sellers to this site. We found it would be just too difficult to pay a commission because members of the public would think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ So we decided to step away from that.

My husband and I are new to the buying process - agreed a price, yet the selling agent advised that the seller will only move forward if we appoint the agent's recommended solicitors as they want an ‘expedited deal’. We would rather use a family solicitor used to conveyancing in Thorpe Hesley

It is improbable the sellers are behind this. If they want ‘a quick sale', taking such a hostile approach to a serious buyer is likely to cause more damage than good. Speak to the vendors direct and make sure they understand (a)you are keen to buy (b)you are excited to move forward, with finances arranged © you have nothing to sell (d) you intend to proceed fast (e)however you intend to use your preferred Thorpe Hesley conveyancing lawyers - not the ones that will provide the negotiator at the agency a introducer fee or achieve conveyancing thresholds demanded by HQ.

What makes a Thorpe Hesley lease unmortgageable?

Leasehold conveyancing in Thorpe Hesley is not unique. Most leases are drafted differently and drafting errors can result in certain provisions are wrong. The following missing provisions could result in a defective lease:

Clauses dealing with recovering service charges for expenditure on the building or common parts.

You could 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. HSBC Bank, The Mortgage Works, and Britannia all have express conveyancing instructions when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is problematic they may refuse to grant the mortgage, obliging the buyer to withdraw.

I inherited a split level flat in Thorpe Hesley, conveyancing formalities finalised in 2012. Can you give me give me an indication of the likely cost of a lease extension? Comparable properties in Thorpe Hesley with an extended lease are worth £216,000. The average or mid-range amount of ground rent is £50 invoiced annually. The lease ends on 21st October 2093

With 69 years remaining on your lease we estimate the premium for your lease extension to range between £9,500 and £11,000 plus legals.

The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to advice on a more accurate figure in the absence of comprehensive due diligence. Do not use the figures in tribunal or court proceedings. There may be additional issues that need to be considered and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before getting professional advice.