We're in Bedmond, First time buyers buying with a mortgage (lender is Coventry BS , and our solicitor is on the Coventry BS conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Coventry BS conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancing practitioner should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
I need some quick conveyancing in Bedmond as I have pressure to exchange contracts within 3 weeks. A home loan is not required. Can I decline from having conveyancing searches to save fees and time?
As you are are a mortgage free buyer you have the choice not to have searches conducted although no conveyancer would recommend that you don't. Drawing on years of experience of conveyancing in Bedmond the following are examples of what can show up and adversely affect future mortgageability: Refused Planning Applications, Overdue Fees, Outstanding Grants, Unadopted Roads,...
Are there restrictive covenants that are commonly identified as part of conveyancing in Bedmond?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Bedmond. 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…’
About to purchase a new build apartment in Bedmond. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below are examples of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Bedmond
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Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Please supply evidence that the form of Lease proposed has been approved by the Land Registry.
I have recently realised that I have 62 years left on my lease in Bedmond. I am keen to extend my lease but my landlord is absent. What should I do?
If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for for permission to dispense with the service of the initial notice. This will mean that your lease can be extended by the Court. However, you will be required to prove that you or your lawyers have used your best endeavours to find the lessor. For most situations an enquiry agent should be helpful to carry out a search and prepare a report which can be used as evidence that the landlord is indeed missing. It is advisable to get professional help from a solicitor both on investigating the landlord’s absence and the application to the County Court covering Bedmond.
Leasehold Conveyancing in Bedmond - Examples of Questions you should ask Prior to Purchasing
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Most Bedmond leasehold flats will incur a service charge for maintenance of the building invoiced on behalf of the freeholder. Should you purchase the apartment you will have to meet this liability, normally quarterly during the year. This may be anything from a couple of hundred pounds to thousands of pounds for blocks with lifts and large common grounds. In all probability there will be a rentcharge to be met yearly, ordinarily this is not a large sum, say around £50-£100 but you should to check it because on occasion it can be many hundreds of pounds. How many years remain on the lease?
I acquired a flat in Bedmond last 20/9/2024 and to date it is still not recorded with HMLR. It is part of a new estate and my property lawyer told me that it can take twelve months to complete the registration formalities. I have contacted the Land Registry directly and they say that the initial application was cancelled due to failure to reply to requisitions. What can I do?
get in touch with your conveyancing practitioner - if you are not getting sensible responses, find out about their firm’s complaints protocol and amplify your problem to a Partner. Registrations for Bedmond conveyancing are not known to be particularly slow.