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Recently asked questions about conveyancing in Eel Pie Island

Just had an offer accepted on a new build flat in Eel Pie Island. Conveyancing is a frightening process 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 legal work.

Set out below is a sample of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Eel Pie Island

    The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please confirm the Lease plans are surveyor prepared. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?

I've recently found out that there is a flying freehold issue on a property I have offered on two weeks back in what was supposed to be a quick, chain free conveyancing. Eel Pie Island is the location of the property. Can you shed any light on this issue?

Flying freeholds in Eel Pie Island are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Eel Pie Island you would need to get your solicitor to go 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 Eel Pie Island may ascertain 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.

I am looking into buying my first house which is in Eel Pie Island and I am already nervous. I couldn't find anything specific about Eel Pie Island. Conveyancing will be needed in due course but do you know about the Eel Pie Island area? or perhaps some other tips you can share?

Rather than looking online forget looking online you should go and have a look at Eel Pie Island. In the meantime here are some basic statistics that we found

Can you offer any advice when it comes to appointing a Eel Pie Island conveyancing firm to carry out our lease extension conveyancing?

If you are instructing a conveyancer for your lease extension (regardless if they are a Eel Pie Island conveyancing practice) it is essential that they be familiar with the legislation and specialises in this area of conveyancing. We advise that you make enquires with several firms including non Eel Pie Island conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions might be of use:

    Can they put you in touch with clients in Eel Pie Island who can give a testimonial?

Having spent years of correspondence we cannot agree with our landlord on how much the lease extension should cost for our flat in Eel Pie Island. Can we issue an application to the Residential Property Tribunal Service?

Where there is a missing freeholder or if there is dispute about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the First-tier Tribunal (Property Chamber) to decide the amount due.

An example of a Lease Extension decision for a Eel Pie Island premises is Ground Floor Flat 91 Bath Road in May 2009. in a case where the freeholder could not be traced, the Brentford County Court ordered that the Lease be surrendered in return for the grant of a new lease of the Premises at a premium determined by the Leasehold Valuation Tribunal. The tribunal concluded that the price payable by the Applicant for the new lease of the premises be £15,900 This case related to 1 flat. The unexpired residue of the current lease was 60.45 years.

The property lawyers handling our conveyancing in Eel Pie Island has forwarded documents to review that reveal that the land is unregistered with epitome documents. Why is the property not currently recorded at the Land Registry?

It is unusual for premises in Eel Pie Island to be unregistered. An 'epitome' is basically a dossier of photocopies of documents affecting an unregistered title. Many Eel Pie Island conveyancing practitioners should be familiar with such matters but where uncertainty reigns the usual guidance these days is for the vendor’s solicitor to undertake the registration formalities first and then sell - this no doubt cause a protracted conveyancing.

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Find out more about how flying freehold can affect your the value of a property.