I require conveyancing for a flat in a relatively new development (five years built) in Romsey. Almost all the appartments have already been occupied. Do I need carry out the conveyancing searches for my conveyancing in Romsey?
Conveyancing Searches are a central link in the Romsey conveyancing process. There are numerous companies delivering Romsey conveyancing searches, as well direct from the local authority. These are generally termed personal search companies due to them carrying out, personal searches. Nevertheless, all Local Authority Search conveyancing products have one thing in common - they must obtain their information from the local authoritative source.
What will a local search tell me about the property we're buying in Romsey?
Romsey conveyancing often commences with the submitting local authority searches directly from your local Authority or via a personal search company for example Searchflow The local search plays a central role in many a Romsey conveyancing purchase; as long as you wish to avoid any nasty surprises after you move into your new home. The search will provide information on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic areas.
I moved into my flat on 7 August and my personal details are still not on the land registry website. Any reason for this? My conveyancing solicitor in Romsey advises it will be formalised in a couple of weeks. Are properties in Romsey particularly slow to register?
As far as conveyancing in Romsey is concerned, registration is no faster or slower than anywhere else in the country. As opposed to being determined by geographic area, timeframes can differ according to who lodges the application, whether it is in order and whether the Land registry have to notify any third persons or bodies. Currently approximately three quarters of such applications are fully addressed within two weeks but occasionally there can be protracted delays. Registration is effected once the new owner is living at the property thus registration formalities is not usually an essential issue yet if it is urgent that the the registration takes place urgently then you or your solicitor must contact the land registry and explain the circumstances.
I am buying a new build apartment in Romsey. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below are examples of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Romsey
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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. 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. Forfeiture - bankruptcy or liquidation must not apply under this provision. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.
If all goes to plan we aim to complete the sale of our £225,000 garden flat in Romsey in nine days. The management company has quoted £348 for Certificate of Compliance, insurance certificate and previous years service charge statements. Is the landlord entitled to charge an administration fee for a flat conveyance in Romsey?
Romsey conveyancing on leasehold apartments usually results in fees being invoiced by managing agents :
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Addressing pre-exchange enquiries
Where consent is required before sale in Romsey
Copies of the building insurance and schedule
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I own a 2 bed flat in Romsey, conveyancing formalities finalised half a dozen years ago. Can you please calculate a probable premium for a statutory lease extension? Corresponding properties in Romsey with an extended lease are worth £216,000. The average or mid-range amount of ground rent is £50 invoiced every year. The lease comes to an end on 21st October 2094
With just 69 years left to run we estimate the price of your lease extension to be between £9,500 and £11,000 plus legals.
The figure above a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of detailed investigations. You should not use this information in tribunal or court proceedings. There are no doubt other issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first seeking the advice of a professional.
We are in the process of acquiring a home in Romsey. Conveyancing is not over but we wish to have our purchase price a secret from the likes of Nestoria. How do I make sure this is not noted?
HM Land Registry are legally required to specify price sold information on the official title for domestic properties nationwide including homes in Romsey. The register of title is a public document, so HM Land Registry would be breaking the law excluded certain homes such as the one in Romsey.
You can ask HMLR to hide the amount paid entry yet the response would be in the negative.