The deeds to my home can not be found. The lawyers who handled the conveyancing in Eel Pie Island 4 years ago have long since closed. What do I do?
Gone are the days when you need to hold title official documentation to establish that you are the owner of your registered land or premises, given that the Land Registry hold details of all registered land or property electronically.
How does conveyancing in Eel Pie Island differ for newly converted properties?
Most buyers of new build residence in Eel Pie Island approach us having been asked by the seller to sign contracts and commit to the purchase even before the property is ready to move into. This is because house builders in Eel Pie Island usually acquire the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Eel Pie Island or who has acted in the same development.
Over the last few months I have been searching for a ground for flat up to £305k and identified one round the corner in Eel Pie Island I like with amenity areas and railway links in the vicinity, however it only has 52 years on the lease. I can't really find anything else in Eel Pie Island suitable, so just wondered if I would be making a grave error purchasing a short lease?
If you need a mortgage that many years may be a potential deal breaker. 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 can request that they commence the lease extension formalities and pass it to you. You can add 90 years to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer about this.
What does commercial conveyancing in Eel Pie Island cover?
Eel Pie Island conveyancing for business premises covers a broad array of advice, given by regulated solicitors, relating to business property. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.
I need to find a conveyancing solicitor for sale conveyancing in Eel Pie Island. I have land on a site which looks to be the perfect answer If there is a chance to get all the legals done via email that would be ideal. Should I be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I have tried to negotiate informally with with my landlord to extend my lease without getting anywhere. Can one make an application to the Leasehold Valuation Tribunal? Can you recommend a Eel Pie Island conveyancing firm to act on my behalf?
You certainly can. We are happy to put you in touch with a Eel Pie Island conveyancing firm who can help.
An example of a Lease Extension case for a Eel Pie Island flat is Ground Floor Flat 91 Bath Road in May 2009. in a case where the freeholder could not be traced, the Brentford County Court ordered that the Lease be surrendered in return for the grant of a new lease of the Premises at a premium determined by the Leasehold Valuation Tribunal. The tribunal concluded that the price payable by the Applicant for the new lease of the premises be £15,900 This case affected 1 flat. The number of years remaining on the existing lease(s) was 60.45 years.
What makes a Eel Pie Island lease defective?
Leasehold conveyancing in Eel Pie Island is not unique. Most leases are unique and drafting errors can result in certain sections are not included. For example, if your lease is missing any of the following, it could be defective:
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Service charge per centages that don't add up correctly leaving a shortfall A duty to insure the building
You could encounter difficulties when selling your property if you have a defective lease as they can affect a potential buyer’s ability to obtain a mortgage. Halifax, The Royal Bank of Scotland, and Godiva Mortgages Ltd all have very detailed requirements when it comes to what is expected in a lease. If a mortgage lender believes that the lease does not cover certain provisions they may refuse to grant the mortgage, obliging the purchaser to withdraw.