The deeds to my property can not be found. The lawyers who did the conveyancing in Harold Hill 5 years ago have long since closed. Will I be able to sell the house?
These day there are copies made of almost everything, and your solicitor should be aware exactly where to locate all the relevant paperwork so you may purchase or dispose of your house without any difficulty. Where copies can’t be located, your lawyer may be able to put in place insurance or indemnities against future claims on your premises.
About to purchase a new build flat in Harold Hill. 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.
Here are examples of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Harold Hill
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If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. 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.
Due to the advice of my in-laws I had a survey completed on a house in Harold Hill prior to instructing solicitors. I have been told that there is a flying freehold aspect to the property. Our surveyor advised that some mortgage companies will not grant a mortgage on a flying freehold home.
It varies from the lender to lender. Bank of Scotland has different requirements from Birmingham Midshires. Should you wish to call us we can look into this further with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Harold Hill. Conveyancing may be slightly more expensive based on your lender's requirements.
What does commercial conveyancing in Harold Hill cover?
Harold Hill conveyancing for business premises incorporates a broad range of guidance, offered by qualified solicitors, relating to business premises. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing leases 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.
Do you have any top tips for leasehold conveyancing in Harold Hill with the intention of saving time on the sale process?
- A significant proportion of the frustration in leasehold conveyancing in Harold Hill can be avoided if you instruct lawyers the minute you market your property and ask them to collate the leasehold documentation needed by the purchasers’ conveyancers. If you hold a share in a the freehold, you should make sure that you hold the original share certificate. Organising a re-issued share certificate is often a lengthy process and delays many a Harold Hill home move. Where a new share certificate is necessary, you should approach the company officers or managing agents (if relevant) for this sooner rather than later. In the event that you altered the property did you need the Landlord’s permission? In particular have you installed wooden flooring? Harold Hill leases often stipulate that internal structural changes or laying down wooden flooring necessitate a licence from the Landlord acquiescing to such changes. Where you fail to have the approvals in place you should not communicate with the landlord without contacting your lawyer in the first instance. You may think that you are aware of the number of years remaining on your lease but it would be wise to verify this via your solicitors. A purchaser's conveyancer will not be happy to advise their client to where the lease term is below 80 years. In the circumstances it is important at an early stage that you consider whether the lease term requires a lease extension. If it does, contact your solicitors before you put your home on the market for sale.
I have given up trying to purchase the freehold in Harold Hill. Can this matter be resolved via the Leasehold Valuation Tribunal?
if there is a absentee freeholder or where there is disagreement about the premium for a lease extension, under the relevant statutes you can apply to the First-tier Tribunal (Property Chamber) to calculate the price payable.
An example of a Lease Extension decision for a Harold Hill flat is 37 Lodge Court High Street in November 2013. the decision of the LVT was that the premium to be paid for the new lease was £25,559 This case affected 1 flat. The unexpired residue of the current lease was 57.5 years.
I am buying a maisonette with all finances in place. I have provided solicitor with two distinct evidence of photographic identification, bank statement, endless utility bills. Now he wants a copy from a probate lawyer stating that the funds are in place and that it has come from inheritance and not dealing E's in Ibiza.
For some years now requires conveyancing solicitors as well as banks, building societies and other financial institutes to obtain satisfactory evidence of the identity of the client. This is because solicitors who deal with money and property on behalf of their clients can be used by criminals wishing to launder money. In order to comply with the law of money laundering, your Harold Hill conveyancing lawyer will need to obtain evidence of your identity as as well as make sure that your funds are legitimate.