It is is a decade since I bought my home in Grahame Park. Conveyancing lawyers have recently been instructed on the sale but I can't locate the deeds. Is this a problem?
You need not be too concerned. Firstly the deeds may be retained by your mortgage company or they may be in the possession of the solicitor who handled the purchase. Secondly in most cases the title will be recorded at the land registry and you will be able to prove you own the property by your conveyancing solicitors acquiring up to date copy of the land registers. Almost all conveyancing in Grahame Park involves registered property but in the rare situation where your property is unregistered it adds to the complexity but is not insurmountable.
Our mortgage company has recommended a law firm on their panel based in Grahame Park but I would rather use a conveyancing lawyer in Grahame Park or nearer to where I live. Are you able to help?
Far from all Grahame Park conveyancing practices are on all lender’s conveyancing panel. Use our find an approved solicitor tool to find a Grahame Park conveyancing solicitor on the on the bank panel.
Various internet forums that I have visited warn that are the primary reason for obstruction in Grahame Park conveyancing transactions. Is this right?
The Council of Property Search Organisations (CoPSO) published findings of research by MoveWithUs that conveyancing searches do not figure amongst the most frequent causes of delays during the legal transfer of property. Searches are unlikely to be the root cause of delay in conveyancing in Grahame Park.
Are there restrictive covenants that are commonly picked up during conveyancing in Grahame Park?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Grahame Park. 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…’
I have been on the look out for a leasehold apartment up to £235,500 and identified one near me in Grahame Park I like with a park and transport links nearby, the downside is that it only has 52 years on the lease. I can't really find anything else in Grahame Park for this price, so just wondered if I would be making a grave error buying a short lease?
If you require a mortgage the remaining unexpired lease term may be a potential deal breaker. Discount the price by the anticipated lease extension will cost if not already taken into account. If the current proprietor has owned the premises for a minimum of 2 years you may ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should consult your conveyancing solicitor about this matter.
My partner has urged me to instruct his conveyancing solicitors in Grahame Park. Should I use them?
Much as we are happy to recommend a Grahame Park conveyancing lawyer the best way to select a conveyancing solicitor is to get referrals from friends or family who have actually previously instructed the firm that you are considering.