I am told that my conveyancing solicitors will need to check that the building insurance for my purchase of a house in Branston. My lender is Platform

Platform have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 21/4/2024, the requirements read as follows :

I purchased my flat on 13 January and my personal details is not yet on the land registry website. Any reason for this? My conveyancing solicitor in Branston advises it would be concluded in a couple of weeks. Are titles in Branston particularly slow to register?

There is nothing unique when it comes to conveyancing in Branston registration formalities. Rather than based on location, timescales can vary depending on who lodges the application, whether it is in order and if the Land registry have to notify any other persons or bodies. At present roughly 80% of such applications are completed within two weeks but some can be subject to extensive hold-ups. Historically registration occurs once the buyer has moved in to the property therefore registration formalities is not always an essential issue yet where there is a degree of urgency associated with the registration then you or your conveyancer should speak with the land registry and explain the circumstances.

In what way can the Landlord & Tenant Act 1954 affect my business offices in Branston and how can your lawyers assist?

The 1954 Act provides security of tenure to commercial leaseholders, granting the dueness to make a request to court for a continuation of occupancy when the lease reaches an end. There are limited grounds that a landlord can refrain from granting a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. Branston is one of our many locations in which our lawyers are based

I am one month into a freehold purchase having been directed to a firm by the local agent to perform conveyancing in Branston. I am am extremely frustrated with the level of service. Can you help me find new conveyancers?

A conveyancer would need to be very poor to suggest changing them. Has the loan offer been generated? In the event that it has you will need to inform them of the new contact details and ensure the loan are re-issued. Your new conveyancer needs to be on the banks panel to avoid added expenses and complications. So that should be your first question of the new conveyancers. The search tool can assist you in finding a bank approved lawyer for your home move in Branston

I am a negotiator for a reputable estate agent office in Branston where we see a few leasehold sales jeopardised due to leases having less than 80 years remaining. I have been given conflicting advice from local Branston conveyancing firms. Could you confirm whether the owner of a flat can initiate the lease extension formalities for the purchaser on completion of the sale?

As long as 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. The benefit of this is that the buyer can avoid having to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed before, or at the same time as completion of the sale.

Alternatively, it may be possible to extend the lease informally by agreement with the landlord 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 purchaser.

Leasehold Conveyancing in Branston - Examples of Queries before Purchasing

How long is the Lease? Best to be warned whether changing the roof or some other significant cost is coming up to be shared amongst the leasehold owners and will materially impact the level of the service charges or necessitate a one time payment.