A relative advised me that where I am buying in Skegness I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is usually included in the estimate for your Skegness conveyancing searches. It is a large document of more than thirty pages, listing and detailing significant information about Skegness around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Skegness Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Local Education with plans and statistics, Local Amenities and other useful data regarding Skegness.
Over the last few months I have been searching for a flat up to £195,000 and identified one close by in Skegness I like with open areas and station in the vicinity, however it's only got 61 years unexpired on the lease. I can't really find anything else in Skegness for this price, so just wondered if I would be making a mistake acquiring a lease with such few years left?
Should you need a home loan that many years will likely be an issue. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the current owner has owned the property for at least twenty four months you may ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should consult your conveyancing solicitor concerning this matter.
I am looking to sell my property. My former solicitors closed down. I am in need of a recommendation of a conveyancing firm. Im based in Skegness if that makes things easier.
You should use our search tool to help you find a solicitor for your conveyancing in Skegness. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs smoothly.
My partner has recommend that I use his conveyancing solicitors in Skegness. Do I take his recommendation?
No doubt the ideal way to select a conveyancing solicitor is to have referrals from friends or family who have previously instructed the conveyancer you're contemplating using.
I own a leasehold house in Skegness. Conveyancing and The Royal Bank of Scotland mortgage organised. I have received a letter from someone claiming to own the reversionary interest in the property. It included a ground rent demand for rent dating back to 1997. The conveyancing solicitor in Skegness who acted for me is not around. Any advice?
The first thing you should do is contact HMLR to make sure that this person is in fact the new freeholder. You do not need to instruct a Skegness conveyancing practitioner to do this as it can be done on-line for £3. You should note that in any event, even if this is the rightful freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I own a 1 bedroom flat in Skegness, conveyancing formalities finalised July 1995. Can you let me have an estimated range of the fair premium for a lease extension? Corresponding flats in Skegness with over 90 years remaining are worth £180,000. The average or mid-range amount of ground rent is £65 invoiced annually. The lease terminates on 21st October 2084
You have 58 years unexpired we estimate the price of your lease extension to range between £22,800 and £26,400 as well as plus your own and the landlord's "reasonable" professional fees.
The figure that we have given is a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure without more comprehensive investigations. Do not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information without first getting professional advice.