I am buying a house mortgage free in New Rossington. I have lived for the previous twelve years in New Rossington. Conveyancing searches are expensive. As I know the road and vicinity very well must I have all the conveyancing searches?
Provided that you do not need a mortgage, then all but one or two of the New Rossington conveyancing searches are at your discretion. Your solicitor will try and steer you, perhaps strongly, that you should have searches completed, but she is duty bound to take that path of encouragement . Do consider; if you are intend to dispose of the house at a future date, it could be of interest to your prospective purchaser what the searches contain. Sometimes houses with no practical issues can still throw up unexpected search results. A competent conveyancing solicitor in New Rossington will provide you some practical advice here.
The estate agent has sent us the confirmation of our purchase of a new build apartment in New Rossington. 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 legal work.
Here is a sample of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in New Rossington
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Please supply a car parking plan. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. 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.
I decided to have a survey completed on a property in New Rossington prior to instructing lawyers. I have been advised that there is a flying freehold aspect to the house. My surveyor advised that some banks tend refuse to grant a loan on a flying freehold premises.
It depends who your proposed lender is. Santander has different requirements for example to Nationwide. Should you wish to telephone us we can investigate further via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in New Rossington. Conveyancing will be smoother if you use a solicitor in New Rossington especially if they are acquainted with such properties in New Rossington.
In what way can the Landlord & Tenant Act 1954 affect my commercial offices in New Rossington and how can your lawyers assist?
The 1954 Act affords protection to business tenants, granting the a statutory right to apply to court for a renewal tenancy and remain in occupation when the lease reaches an end. There are limited grounds that a landlord can refrain from granting a lease renewal and the rules are complicated. We are happy to direct you to commercial conveyancing practices who use the act for protection and assist with commercial conveyancing in New Rossington
My wife and I purchased a leasehold house in New Rossington. Conveyancing and Bank of Scotland mortgage went though with no issue. I have received a letter from someone saying they have taken over the freehold. Attached was a ground rent demand for rent dating back to 1998. The conveyancing practitioner in New Rossington who previously acted has long since retired. What should I do?
First contact the Land Registry to make sure that this person is in fact the registered owner of the freehold reversion. You do not need to instruct a New Rossington conveyancing solicitor to do this as it can be done on-line for less than a fiver. You should note that in any event, even if this is the rightful landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
New Rossington Conveyancing for Leasehold Flats - Examples of Questions you should consider Prior to Purchasing
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How many of the leaseholders are in arrears for their service charge payments? It is important to be aware whether window replacement or some other major work is due shortly to be shared between the tenants and could well dramatically increase the the maintenance charges or result in a specific payment. The answer will be useful as a) areas can cause problems in the block as the communal areas may start to deteriorate if services remain unpaid b) if the leasehold owners have a dispute with the running of the building you will wish to know about it
We have recently had an offer accepted on our 1st house in New Rossington, and are about to get solicitors instructed. I have used the different comparison based websites and the fee estimates are from all over the the UK. Is it important to have a New Rossington solicitor local to the potential property? I am happy to do everything over email, but I am thinking at some stage we will need to visit the property lawyer's office to sign documents?
There is no need to attend the office of your property lawyer, they can post any relevant papers to you, which you can sign and return. Many buyers and sellers nevertheless opt to use a locally based solicitor, but it's by no means essential for conveyancing in New Rossington.