It is is a decade since I bought my property in Onslow Village. Conveyancing solicitors have now been instructed on the sale but I am unable to locate my title deeds. Will this jeopardise the sale?
Don’t worry too much. First the deeds may be retained by the mortgage company or they may be in the possession of the solicitor who handled the purchase. Secondly the chances are 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 solicitors acquiring up to date copy of the land registers. Nearly all conveyancing in Onslow Village involves registered property but in the rare situation where your home is not registered it is more tricky but is resolvable.
I just bought a flat at auction in Onslow Village. Conveyancing is required. What is next?
Now that you have to in every practical sense signed on the dotted line you must retain a conveyancing solicitor soon as you now have a tight deadline in which to complete the conveyancing. Every auction property will ordinarily have an associated legal pack. This will likely include evidence of title and search results. If you have purchased leasehold premises the conveyancing pack may provide a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork specific to leasehold premises. You should give this to the lawyer instructed by you ASAP. You also need to ensure that your finances are in order to complete on the on the contractual date .
When it comes to lenders such as Nottingham, do Onslow Village conveyancers have to pay a fee to be on the list of approved solicitors?
We are not aware of any mortgage company fees to register on their list of approved firms, although some do charge an administration fee to deal with the processing of the conveyancing panel submission.
I am due to exchange contracts on my apartment. I had a double glazing fitted in October 2008, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, Yorkshire BS are being pedantic. The Onslow Village solicitor who is on the Yorkshire BS conveyancing panel is recommending indemnity insurance as a solution but Yorkshire BS are insisting on a building regulation certificate. Why do Yorkshire BS have a conveyancing panel if they don't accept advice from them?
It is probably the case that Yorkshire BS have referred the matter to their valuer. The reason why Yorkshire BS may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
Are there restrictive covenants that are commonly picked up during conveyancing in Onslow Village?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Onslow Village. 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've recently found out that there is a flying freehold element on a house I have offered on two weeks back in what was supposed to be a simple, chain free conveyancing. Onslow Village is the location of the property. Can you shed any light on this issue?
Flying freeholds in Onslow Village are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Onslow Village you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Onslow Village may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
My company is intending to lease a unit on the high street. Can you recommend lawyers offering no-move-no fees for non-domestic conveyancing in Onslow Village for under £2000?
We can recommend firms who have an in-depth of experience of commercial conveyancing in Onslow Village, including the sale and acquisition of businesses as well as simply premises. If you are hoping to acquire or dispose of a shop, pub, restaurant, office, retail premises or a complete business we will put you in touch with the right solicitor. As for the costs these will vary based on the structure and nuances of the proposed transaction. Let us have your contact information or phone so as to enable us to supply you with comprehensive commercial conveyancing calculation.
There are only 68 years left on my lease in Onslow Village. I now want to get lease extension but my landlord is missing. What should I do?
On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for an order to dispense with the service of the initial notice. This will mean that your lease can be granted an extra 90 years by the magistrate. You will be obliged to prove that you or your lawyers have done all that could be expected to track down the freeholder. In some cases an enquiry agent would be useful to try and locate and to produce an expert document which can be used as proof that the freeholder can not be located. It is wise to seek advice from a property lawyer in relation to proving the landlord’s absence and the vesting order request to the County Court overseeing Onslow Village.
Onslow Village Leasehold Conveyancing - A selection of Questions you should ask Prior to buying
-
The best form of lease arrangement is a share of the freehold. In this arrangement the tenants benefit from being in charge if their destiny and even though a managing agent is frequently retained if it is larger than a house conversion, the managing agent employed by the leaseholders. You will want to discover as much as possible about the managing agents as they will either make living at the property much easier or uncomfortable. Being a leasehold owner you will be in the clutches of the managing agents both financially and when it comes to practical issues like the upkeep of the common parts. You should not be afraid to ask other people if they are happy with their service. Finally, be sure you know the dates that you are obliged pay the maintenance charge to the managing agents and precisely how they are spending the funds.