The mortgage agreement from Nationwide for the remortgage of my 4 room flat is coming any day now. Could you put forward a low cost conveyancing solicitor in North Walsham?

You have arrived at the wrong place to search for the lowest fares for conveyancing solicitors in North Walsham. Our intention is to offer excellent value conveyancing but we do not advertise as being the cheapest. Avoid the trap of appointing companies offering low cost conveyancing in North Walsham. The optimum outcome, in going for low cost conveyancing, you will get your money’s worth and at worst you will end up paying a lot in additional fees and still not receive the service required.

I require conveyancing for a flat in a fairly new development (five years old) in North Walsham. The vast majority the flats are already occupied. Do I need carry out the local searches for my conveyancing in North Walsham?

If you are purchasing a property with the assistance of a mortgage, your bank will insist on some (many) of the searches so you'll have no choice. If not, then North Walsham conveyancing searches are optional. Your lawyer, will ’encourage’, perhaps in the strongest possible terms, that you should have the searches done, but he or she has a professional duty to do this. One thing to bear in mind; if you are likely to sell the house one day, it may be of interest to your future buyer what the searches contain. Sometimes houses with no practical issues can still throw up adverse search results. But if you insist that your lawyer to proceed without searches then your lawyer will have to follow your instructions or you may need to find a new lawyer for your conveyancing in North Walsham.

My wife and I own a terraced Victorian house in North Walsham. Conveyancing solicitor represented me and Bank of Ireland. I happened to do a free search for it on the Land Registry database and there are a couple of entries: the first freehold, another for leasehold under the exact same property. Is it worth asking Bank of Ireland to clarify?

You should 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 owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in North Walsham and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also enquire as to the situation with the conveyancing practitioner who carried out the work.

I've recently found out that there is a flying freehold element on a property I put an offer in last month in what should have been a simple, no chain conveyancing. North Walsham is where the house is located. Is there any advice you can impart?

Flying freeholds in North Walsham are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside North Walsham you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in North Walsham may decide 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.

Having had my offer accepted I require leasehold conveyancing in North Walsham. Before I get started I require certainty as to the unexpired term of the lease.

Assuming the lease is recorded at the land registry - and most are in North Walsham - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

North Walsham Conveyancing for Leasehold Flats - Examples of Queries before buying

On the whole the cost for major works tend not to be wrapped into the maintenance charges, albeit that some managing agents in North Walsham obliged leaseholders to contribute towards a reserve fund created for the specific intention of establishing a fund for larger works. Is the freehold owned collectively by the tenants? Who manages the block?