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Recently asked questions about conveyancing in Alresford

My grandmother passed away last year and as sole heir and executor I was left the property in Alresford. The house had a small mortgage remaining of approximately £8000. I want to have the title changed into my name whilst I re-mortgage to UBS, pay off the mortgage. Is this allowed?

If you plan to re-mortgage then UBS will insist on your using a conveyancer on the UBS conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your UBS conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the UBS mortgage is registered as a charge at the Land Registry.

Me and my brother purchased a renovated Edwardian property in Alresford. Conveyancing solicitor represented me and Nottingham Building Society. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: one for freehold, another for leasehold with the exact same property. Is it worth asking Nottingham Building Society to clarify?

You should assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Alresford and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with purchasers. You can also enquire as to the position with your conveyancing practitioner who conducted the work.

My business partner and I are looking to take an assignment of a lease of an office on a shopping parade. Can you recommend solicitors offering no-move-no fees for non-domestic conveyancing in Alresford for below £2000?

We can recommend firms who have an in-depth of experience of commercial conveyancing in Alresford, including the sale and acquisition of businesses as well as simply property. Whether you are hoping to acquire or sell a shop, pub, restaurant, office, retail unit or a complete business we will find you the right lawyer. Regarding the fees these will vary based on the structure and heads of terms of the proposed transaction. Let us have your contact information or call us so that we may provide you with comprehensive commercial conveyancing calculation.

I've recently bought a leasehold property in Alresford. Do I have any liability for service charges for periods before completion of my purchase?

In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

Alresford Conveyancing for Leasehold Flats - Sample of Questions you should consider Prior to buying

    What is the name of the managing agents? How many years remain on the lease?

I am purchasing a ground floor maisonette in Alresford. Conveyancing solicitor has been waiting for, from the owner, building insurance documents. This morning I was advised that the vendor needs to send the insurance paperwork for the flat above as well. Why would my conveyancer need to check the insurance for the flat above? Is it really necessary? We have been in hold for the last 2 weeks…

It is not impossible in leasehold conveyancing in Alresford to find Conveyancing in Alresford in a minority of cases reveals that the lease requires the leasehold owners to insure their individual flats as opposed to the landlord insuring the complete building - which is clearly better. You should contact your conveyancing practitioner but it would appear that your lawyer is attempting to establish that the entire building is insured. Insuring your apartment is no help when it comes to rebuilding after a fire if the 1st floor cannot be rebuilt for lack of insurance.

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