Are there restrictive covenants that are commonly identified as part of conveyancing in Box?

Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Box. 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 am looking for a leasehold apartment up to £195,000 and found one round the corner in Box I like with a park and station in the vicinity, the downside is that it only has 52 remaining years left on the lease. I can't really find anything else in Box in this price bracket, so just wondered if I would be making a mistake acquiring a short lease?

If you need a home loan the remaining unexpired lease term will likely be a potential deal breaker. Discount the offer by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for at least twenty four months you can ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this matter.

How easy is it to transfer to a new solicitor as I need to find one who is on the Santander conveyancing panel. I hired a family conveyancing solicitor in Box five minutes from me but he is not approved by Santander

We will our best to assist in finding you a conveyancing solicitor in Box on the Santander panel. Please note that the property lawyers that we work with do not pay us a referral fee if you instruct them and are fully regulated by the SRA who oversee all conveyancing solicitors in Box. In making use of search facility on this page, you can contrast fees for conveyancing solicitors in Box and throughout England and Wales.

Due to complete next month on a basement flat in Box. Conveyancing lawyers have said that they are sending me a report on Monday. What should I be looking out for?

The report on title for your leasehold conveyancing in Box should include some of the following:

You should have a good understanding of the insurance provisions Setting out your legal entitlements in relation to common areas in the block.For instance, does the lease contain a right of way over a path or staircase? Rent payments - how much and when you need to pay, and be on notice if this is subject to change Details of the parties to the lease, e.g. these could be the (you), head lessor, landlord It needs to be made clear to you if the lease permits you to add or upgrade aspects of the premises- you should know whether any restrictions relates to all alterations or just structural alteration, and whether licences for alterations is mandated necessary

Box Conveyancing for Leasehold Flats - A selection of Questions you should ask Prior to Purchasing

This question is useful as a) areas may result in problems for the block as the communal areas may begin to deteriorate where maintenance remain unpaid b) if the leasehold owners have a dispute with the running of the building you will wish to have all the details Its a good idea to discover as much as you can about the company managing the building as they will impact your use and enjoyment of the property. As the proprietor of a leasehold property you will be in the clutches of the managing agents from a financial perspective and when it comes to daily issues like the cleanliness of the common parts. Ask prospective neighbours what they think of them. Finally, investigate as to the dates that the maintenance fees are due to the appropriate party and precisely how they are spending that money. How long is the Lease?

Is it true that a Box conveyancing solicitor got sued by a client for failing to conduct the appropriate conveyancing searches?

We are not aware of such a Box conveyancing claim but it has been reported that, clients buying a home in Cumbria successfully won a case against their conveyancing practitioner due to development permission to construct a wind farm failing to be picked up in conveyancing searches.

If you are purchasing in Box It is important that your conveyancing practitioner carry out all Box conveyancing searches required making sure that you have relevant and up to date information ahead of purchasing a property.