I had intended to instruct a property lawyer in Rainham Kent for our house purchase. Our broker has since advised us that our mortgage lenders Alliance & Leicester won't deal with them. Why is this not regarded as unfair competition?
A lender will insist on a panel solicitor act for it. Borrowers are expected to bear the charges for this. Please make use of our directory service to select a solicitor to conduct conveyancing in Rainham Kent on the Alliance & Leicester approved list of solicitors.
Do commercial conveyancing searches reveal impending roadworks that could affect a commercial land in Rainham Kent?
Its becoming the norm that commercial conveyancing solicitors in Rainham Kent will carry out a SiteSolutions Highways report as it reduces the time that conveyancers spend in researching accurate data on highways that impact buildings and development assets in Rainham Kent. The search result sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Rainham Kent.
For every commercial conveyancing transaction in Rainham Kent it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately can result in delays to Rainham Kent commercial conveyancing transactions as well as present a risk to future intentions for the site. These searches are not carried out for domestic conveyancing in Rainham Kent.
Me and my brother purchased a terraced Georgian property in Rainham Kent. Conveyancing practitioner represented me and The Mortgage Works. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: the first freehold, another for leasehold under the matching address. If a house is not a freehold shouldn't I have been informed?
You need to review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Rainham Kent and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also enquire as to the position with your conveyancing solicitor who conducted the conveyancing.
Yesterday I discovered that there is a flying freehold element on a property I put an offer in last month in what should have been a simple, chain free conveyancing. Rainham Kent is where the house is located. Can you shed any light on this issue?
Flying freeholds in Rainham Kent are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Rainham Kent you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Rainham Kent may decide 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.
As co-executor for the estate of my father I am disposing of a residence in Newport but I am based in Rainham Kent. My solicitor (who is 300 kilometers awayhas requested that I execute a statutory declaration prior to completion. Could you suggest a conveyancing practitioner in Rainham Kent who can witness this legal document for me?
strictly speaking you should not need to have the documents attested by a conveyancing solicitor. Normally any notary public or solicitor will suffice regardless of whether they are Rainham Kent based
I am employed by a long established estate agent office in Rainham Kent where we have witnessed a few leasehold sales put at risk as a result of leases having less than 80 years remaining. I have been given inconsistent advice from local Rainham Kent conveyancing firms. Can you shed some light as to whether the vendor of a flat can commence the lease extension process for the buyer?
Provided that the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. This means that the proposed purchaser need not have to wait 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or at the same time as completion of the sale.
Alternatively, it may be possible to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
Rainham Kent Leasehold Conveyancing - A selection of Queries Prior to Purchasing
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Does this lease have in excess of 90 years left? You will want to find out as much as possible regarding the company managing the building as they will impact your use and enjoyment of the property. Being a leasehold owner you are frequently in the clutches of the managing agents from a financial perspective and when it comes to day to day matters like the tidiness of the common parts. Don't be afraid to ask other people what they think of their service. On a final note, find out the dates that the maintenance fees are due to the managing agents and specifically what you get for your money. Is there a share of the freehold?