Are there restrictive covenants that are commonly picked up as part of conveyancing in Ravensthorpe?

Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Ravensthorpe. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

Yesterday I discovered that there is a flying freehold issue on a house I have offered on two weeks back in what should have been a simple, no chain conveyancing. Ravensthorpe is where the house is located. Is there any guidance you can impart?

Flying freeholds in Ravensthorpe are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Ravensthorpe you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Ravensthorpe may determine 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.

How can the Landlord & Tenant Act 1954 impact my business premises in Ravensthorpe and how can your lawyers assist?

The particular law that you refer to provides protection to commercial leaseholders, giving them the right to apply to court for a renewal lease and remain in occupation when the lease comes to an end. There are limited grounds where a landlord can refuse a lease renewal and the rules are complex. Fees are different for commercial conveyancing. Ravensthorpe is one of our many locations in which our lawyers have offices

I acquired a leasehold flat in Ravensthorpe, conveyancing having been completed 1995. Can you please calculate a probable premium for a statutory lease extension? Corresponding properties in Ravensthorpe with over 90 years remaining are worth £165,000. The ground rent is £45 per annum. The lease runs out on 21st October 50

With only 50 years left to run we estimate the price of your lease extension to span between £36,100 and £41,800 plus legals.

The figure that we have given is a general guide to costs for extending a lease, but we are not able to advice on the actual costs in the absence of detailed due diligence. Do not use the figures in tribunal or court proceedings. There may be other concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. You should not move forward based on this information without first seeking the advice of a professional.

We are about to purchasing a home in Ravensthorpe. Conveyancing is not over but we wish to keep our transaction price confidential from the likes of Rightmove. Is this possible and how?

HMLR by statute are bound to note price paid information on a register of the title for domestic properties countrywide which includes properties in Ravensthorpe. The register of title is an open document, so HMLR would be breaching their statutory obligations if they did not permit access to the register.

In essence you can ask HM Land Registry to withhold the amount paid entry however the response would be in the negative.