Our conveyancer has uncovered a defect with the lease for the flat we are purchasing in Eden Park. The other side have suggested defective title insurance as a solution. We are content with insurance and will pay for it. Our conveyancer has advised that he must ensure that the bank is happy with this solution. Are we the client or is the mortgage company ?
Even though you have a mortgage offer from the mortgage company does not mean to say that the property will meet their specifications for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook requirements. You and the bank are the client. The appropriate lender requirements have to be complied with.
I am buying a house and the conveyancer has identified Chancel Repair to which the property may be liable given it’s proximity to the area of such a church. She has recommended insurance. Is this strictly warranted for conveyancing in Eden Park
Unless a previous acquisition of the property took place after 12 October 2013 you may take it that lawyers conducting conveyancing in Eden Park to continue to suggest a chancel search and or insurance against a claim.
Despite weeks of looking the Title Certificate and documents to my house can not be found. The conveyancers who did the conveyancing in Eden Park 4 years ago have long since closed. Will I be able to sell the house?
Nowadays there are copies made of almost everything, and your conveyancer should be aware exactly where to find all the relevant documentation so you can purchase or sell your house without a hitch. Where duplicates are not available, your conveyancer can arrange cover in the form of insurance or indemnities protecting you against possible claims on your property.
I am buying a new build flat in Eden Park. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below is a sample of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Eden Park
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Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Please confirm the Lease plans are surveyor prepared.
My wife and I purchased a leasehold flat in Eden Park. Conveyancing and Aldermore mortgage went though with no issue. I have received a letter from someone claiming to own the freehold. It included a ground rent demand for rent dating back to 1992. The conveyancing practitioner in Eden Park who previously acted has long since retired. Do I pay?
The first thing you should do is contact HMLR to be sure that the individual claiming to own the freehold is in fact the new freeholder. You do not need to incur the fees of a Eden Park conveyancing practitioner to do this as you can do this on the Land Registry website for £3. Rest assured that in any event, even if this is the rightful landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I have tried to negotiate informally with with my landlord for a lease extension without any joy. Can the Leasehold Valuation Tribunal adjudicate on such matters? Can you recommend a Eden Park conveyancing firm to assist?
if there is a missing landlord or if there is dispute about the premium for a lease extension, under the relevant statutes you can apply to the Leasehold Valuation Tribunal to judgment on the price.
An example of a Freehold Enfranchisement decision for a Eden Park premises is 26 Manor Road in July 2010. the Tribunal decided that price to be paid for the freehold was £12,420 This case related to 2 flats. The number of years remaining on the existing lease(s) was 76.75 and 88.83.
My intention is to purchase a ground floor apartment in Eden Park. Conveyancing lawyer has been waiting for, from the seller, building insurance documents. This morning I was informed that the owner must send the insurance paperwork for the flat above in addition. Why does my solicitor need to review the insurance for the flat above? Is it really necessary? We have been waiting for the previous fortnight…
It is not impossible in leasehold conveyancing in Eden Park to discover Conveyancing in Eden Park in a minority of cases reveals that the lease requires the leasehold owners to insure their individual flats rather than the landlord insuring the complete block - which is definitely better. Do contact your lawyer but it would seem that your lawyer is attempting to verify that the whole building is insured. Insuring a ground floor residence is no help when it comes to rebuilding after a fire if the other flat cannot be reconstructed due to lack of insurance cover.