It is 10 years ago since I purchased my property in Nunhead. Conveyancing lawyers have now been instructed on the sale but I am unable to find my title documents. Will this jeopardise the sale?
You need not be too concerned. Firstly the deeds may be retained by your mortgage company or they could be in the possession of the solicitor who handled your purchase. Secondly the likelihood is that the title will be registered at the land registry and you will be able to prove you are the registered owner by your conveyancing lawyers acquiring current official copies of the land registers. Most conveyancing in Nunhead relates to registered property but in the unlikely event that your property is not registered it is more tricky but is resolvable.
I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Nunhead. My lender is Chelsea Building Society
Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 16/12/2024, the requirements read as follows :
About to purchase a new build apartment in Nunhead. Conveyancing is daunting 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 is a sample of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Nunhead
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Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. There must be mutual enforceability of lessee’s covenants. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? 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. 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.
Due to the advice of my in-laws I had a survey completed on a house in Nunhead prior to instructing solicitors. I have been advised that there is a flying freehold aspect to the house. The surveyor advised that some mortgage companies may not grant a loan on such a home.
It depends who your proposed lender is. Lloyds has different requirements for example to Halifax. If you call us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Nunhead. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Nunhead to see if the conveyancing costs will increase in light of this.
I have had difficulty in trying to reach an agreement for a lease extension in Nunhead. Can this matter be resolved via the Leasehold Valuation Tribunal?
Absolutely. We can put you in touch with a Nunhead conveyancing firm who can help.
An example of a Freehold Enfranchisement case for a Nunhead residence is 41 Endwell Road in March 2013. this matter relateed to the acquisition of the freehold of a mid- terraced Victorian house converted into three separate self-contained dwellings. By an order dated 28/11/2012, Deputy District Judge Cole in the Bromley County Court held that the leaseholders were entitled to acquire the freehold and directed that the premium payable be determined by this Tribunal. The Tribunal assessed the premium to be £14,753 This case related to 3 flats. The unexpired residue of the current lease was 80.01 years.
What makes a Nunhead lease unacceptable for security purposes?
There is nothing unique about leasehold conveyancing in Nunhead. All leases are drafted differently and legal mistakes in the legal wording 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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Insurance obligations Repairing obligations to or maintain parts of the property
A defective lease can cause problems when trying to sell a property as they can affect a potential buyer’s ability to obtain a mortgage. Yorkshire Building Society, Bank of Scotland, and Clydesdale all have very detailed conveyancing instructions when it comes to what is expected in a lease. If a mortgage lender believes that the lease is defective they may refuse to grant the mortgage, forcing the purchaser to withdraw.
I am purchasing a property and need a conveyancing solicitor in Nunhead who is on the mortgage company solicitor panel. Could you point me in the right direction as regards a Nunhead solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for the lender who do conveyancing in Nunhead. We dont recommend any particular conveyancing practice.