It is 10 years ago since I purchased my house in Chesham. Conveyancing lawyers have just been instructed on the sale but I can't find my title deeds. Is this a problem?
You need not be too concerned. First there is a possibility that the deeds will be with the lender or they could be archived with the lawyers who oversaw the purchase. Secondly the chances are that the property will be registered at the land registry and you will be able to prove you own the property by your conveyancing solicitors procuring current official copies of the land registers. Almost all conveyancing in Chesham involves registered property but in the rare situation where your property is unregistered it is more tricky but is not insurmountable.
I require quick conveyancing in Chesham as I am faced with pressure to complete in less than one month. Fortunately I do not require a mortgage. Can I avoid the conveyancing searches to save money and time?
If.Given you are are a mortgage free buyer you have the choice not to do searches although no solicitor would recommend that you don't. Drawing on years of experience of conveyancing in Chesham the following are instances of issues that can be revealed and therefore affect the marketability of the property: Refused Planning Applications, Outstanding Fees, Outstanding Grants, Road Schemes,...
I bought my apartment on 8 March and my personal details is not yet registered. Should I be concerned? My conveyancing solicitor in Chesham expressed confidence that it will be dealt with in a couple of weeks. Are titles in Chesham particularly slow to register?
As far as conveyancing in Chesham is concerned, registration is no faster or slower than anywhere else in England and Wales. As opposed to being determined by geographic area, timeframes can vary subject to the party submitting the application, whether it is in order and if the Land registry must send notices to any other persons or bodies. Currently approximately three quarters of submission are completed in less than three weeks but occasionally there can be extensive delays. Registration is effected once the new owner is living at the premises therefore 'speed' is not typically top priority yet if there is a degree of urgency associated with the registration then you or your lawyers could contact the land registry and explain the circumstances.
I'm buying a new build house in Chesham with the aid of help to buy. The developers would not move on the amount so I negotiated five thousand pounds worth of additionals instead. The sale representative suggested that I not inform my lawyer about this extras as it may affect my mortgage with the lender. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
There are only Sixty One years unexpired on my flat in Chesham. I now want to extend my lease but my freeholder is absent. What are my options?
If you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for an order to dispense with the service of the initial notice. This will enable the lease to be lengthened by the magistrate. However, you will be required to prove that you have used your best endeavours to find the freeholder. On the whole an enquiry agent should be useful to conduct investigations and prepare a report to be accepted by the court as evidence that the landlord is indeed missing. It is advisable to get professional help from a solicitor in relation to devolving into the landlord’s disappearance and the vesting order request to the County Court overseeing Chesham.
Leasehold Conveyancing in Chesham - Examples of Questions you should ask Prior to buying
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What is the maintenance charge and ground rent on the flat? What prohibitions are there in the Chesham Lease? You should want to discover as much as you can about the managing agents as they will impact your use and enjoyment of the property. Being a leasehold owner you will be at the mercy of the managing agents from a financial perspective and when it comes to daily issues such as the cleanliness of the common parts. Ask other people if they are happy with their management. In conclusion, be sure you discover the dates that you are obliged pay the service charge to the managing agents and precisely what it includes.
Me and my wife are soon to exchange on the purchase a house in Chesham but as a result of damage from the recent storms I have negotiated reparation from the seller of £2k by way of a reduction in the price. I had intended this to be dealt with as part of the conveyancing process but the mortgage company will not agree to this. Should they have been notified?
Any conveyancer being on the lender conveyancing panel is obliged to disclose to the bank of any amendments to the purchase price. In the event that you did not allow your property lawyer to report the reduction to your bank then they would have no choice but to discontinue acting for you and the mortgage company.