What will a local search tell me concerning the house we're buying in Woodford Green?
Woodford Green conveyancing often starts with the ordering local authority searches directly from your local Authority or through a personal search company for example Searchflow The local search plays a central role in many a Woodford Green conveyancing purchase; that is if you wish to avoid any nasty once you have moved into your new home. The search should provide data on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic areas.
My wife and I own a semi-detached Georgian property in Woodford Green. Conveyancing practitioner acted for me and . I did a free Land Registry search last week and there are two entries: the first freehold, the second leasehold with the exact same property. Is it worth asking to clarify?
You should assess 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 proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Woodford Green and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the situation with your conveyancing lawyer who conducted the conveyancing.
Due to the guidance of my in-laws I had a survey completed on a house in Woodford Green ahead of retaining solicitors. I have been advised that there is a flying freehold aspect to the house. The surveyor advised that some mortgage companies tend not grant a mortgage on this type of property.
It depends who your proposed lender is. Bank of Scotland has different requirements from Halifax. If you call us we can investigate further via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Woodford Green. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Woodford Green to see if the conveyancing will be more expensive.
We're new to the buying process - had an offer accepted, yet the property agent told us that the vendor will only issue a contract if we appoint their recommended conveyancers as they need a ‘quick sale’. We would rather use a local conveyancer with experience of conveyancing in Woodford Green
It is unlikely the vendors are driving this. Should the seller desire ‘a quick sale', alienating a genuine purchaser is not the way to achieve this. Try to communicate with the sellers directly and explain that (a)you are serious purchasers (b)you are ready to progress, with finances arranged © you do not need to sell (d) you intend to proceed fast (e)but you will continue to appoint your own,trusted Woodford Green conveyancing solicitors - as opposed tothose that will provide their estate agent a commission or meet his conveyancing figures set by senior management.
I acquired a garden flat in Woodford Green, conveyancing formalities finalised 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? Similar flats in Woodford Green with over 90 years remaining are worth £165,000. The ground rent is £45 levied per year. The lease finishes on 21st October 50
With just 50 years unexpired the likely cost is going to span between £36,100 and £41,800 plus costs.
The figure that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs without more comprehensive investigations. You should not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Neither should you move forward based on this information without first getting professional advice.