It is a dozen years since I bought my house in Richmond. Conveyancing lawyers have just been appointed on the sale but I can't locate my deeds. Will this cause complications?
You need not be too concerned. Firstly the deeds may be with your mortgage company or they could be in the possession of the lawyers who handled your purchase. Secondly the chances are that the title will be recorded at the land registry and you will be able to establish that you own the property by your conveyancing solicitors obtaining current official copies of the land registers. Most conveyancing in Richmond involves registered property but in the unlikely event that your property is unregistered it adds to the complexity but is not insurmountable.
What is the optimum way to investigate if the solicitor carrying out my conveyancing in Richmond is on the bank’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Leeds Building Society thus spending £192.00 in additional conveyancing bill.
Feel free to take advantage of the search tool on this page. Pick the mortgage company and type ‘Richmond’ or your preferred area and you will be presented with numerous solicitors located in Richmond or by proximity to you.
Do commercial conveyancing searches disclose impending roadworks that may impact a commercial premises in Richmond?
Many commercial conveyancing solicitors in Richmond will carry out a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in sourcing accurate data on highways that impact buildings and development assets in Richmond. The report provides definitive information 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 Richmond.
For each commercial conveyancing transaction in Richmond it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately can result in delays to Richmond commercial conveyancing transactions as well as pose a risk to future intentions for the site. These searches are not ordered for residential conveyancing in Richmond.
Due to the encouragement of my in-laws I had a survey completed on a property in Richmond before instructing conveyancers. I have been told that there is a flying freehold element to the property. Our surveyor advised that some lenders will not grant a loan on such a home.
It depends who your proposed lender is. Lloyds has different requirements for example to Halifax. Should you wish to telephone us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Richmond. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Richmond to see if the conveyancing will be more expensive.
Completion is due on the disposal of our £375,000 garden flat in Richmond in just under a week. The freeholder has quoted £384 for Certificate of Compliance, insurance certificate and previous years statements of service charge. Is the landlord entitled to charge such fees for a leasehold conveyance in Richmond?
Richmond conveyancing on leasehold maisonettes usually necessitates administration charges levied by freeholders :
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Answering pre-contract questions
Where consent is required before sale in Richmond
Supplying insurance information
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I inherited a 1st floor flat in Richmond, conveyancing having been completed half a dozen years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Equivalent properties in Richmond with over 90 years remaining are worth £185,000. The ground rent is £65 yearly. The lease expires on 21st October 2086
With 60 years remaining on your lease we estimate the price of your lease extension to range between £20,000 and £23,000 plus legals.
The figure above a general guide to costs for extending a lease, but we are not able to provide the actual costs without more detailed investigations. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt 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.