It is is a decade since I purchased my property in Osterley Park. Conveyancing solicitors have now been retained on the sale but I am unable to locate my title deeds. Will this cause complications?
Don’t worry too much. Firstly there is a possibility that the deeds will be with the mortgage company or they may stored with the solicitor who acted in the purchase. Secondly in all probability the property will be registered at the land registry and you will be able to prove you are the registered owner by your conveyancing lawyers obtaining current official copies of the land registers. Nearly all conveyancing in Osterley Park involves registered property but in the rare situation where your home is not registered it adds to the complexity but is not insurmountable.
It has been four months since my purchase conveyancing in Osterley Park completed. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Due to the input of my in-laws I had a survey completed on a property in Osterley Park prior to instructing solicitors. I have been told that there is a flying freehold element to the property. My surveyor has said that some lenders will refuse to issue a loan on such a house.
It depends who your proposed lender is. HSBC has different instructions from Birmingham Midshires. If you e-mail us we can look into this 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 Osterley Park. Conveyancing will be smoother if you use a solicitor in Osterley Park especially if they are acquainted with such properties in Osterley Park.
Should I be suspicious that third parties that I am dealing with are recommending an internet conveyancing firm rather than a High Street Osterley Park conveyancing firm?
As with many service providers, often input from family and friends can be worth their weight in gold. But there are lots of parties with a keen interest in a conveyancing transaction; estate agents, financial adviser and lenders may put forward conveyancers to choose. On occasion the lawyers might be known to one of the organisations as experts in their field, but sometimes there might be a financial incentive behind the endorsement. You have the right to appoint your own conveyancer. Don't forget that most lenders specify a panel list of conveyancers you must use for the lender aspect of your house move.
I need to instruct a conveyancing practitioner in Osterley Park for my home move. Is it possible to check a solicitor's record with the profession’s regulator?
You can see documented Solicitor Regulator Association (SRA) decisions arising from inquisitions started on or after Jan 2008. Visit Check a solicitor's record. For details about the period before 1 January 2008, or to check a solicitors history, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. International callers, call +44 (0)121 329 6800. The regulator could monitor call for training purposes.
There are only Sixty One years remaining on my lease in Osterley Park. I need to get lease extension but my freeholder is absent. What should I do?
If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for an order to dispense with the service of the initial notice. This will enable the lease to be lengthened by the magistrate. You will be obliged to demonstrate that you or your lawyers have used your best endeavours to track down the landlord. For most situations a specialist would be useful to try and locate and prepare an expert document to be used as proof that the freeholder is indeed missing. It is advisable to get professional help from a conveyancer in relation to proving the landlord’s disappearance and the vesting order request to the County Court covering Osterley Park.
My wife and I have hit a brick wall in seeking a lease extension in Osterley Park. Can this matter be resolved via the Leasehold Valuation Tribunal?
Most definitely. We can put you in touch with a Osterley Park conveyancing firm who can help.
An example of a Freehold Enfranchisement case for a Osterley Park flat is 6 Jessamine Road in August 2013. The Tribunals valuation (as annexed to the decision) calculated the amount payable as £18,355 for the freehold reversion This case was in relation to 2 flats. The unexpired term was 72.39 years.