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Recently asked questions about conveyancing in Eynsham

My wife and I have a 4 bedroom Edwardian property in Eynsham. Conveyancing solicitor represented me and Nationwide Building Society. I happened to do a free search for it on the Land Registry database and there are two entries: one for freehold, the second leasehold with the matching address. If a house is not a freehold shouldn't I have been informed?

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 Eynsham and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also question the position with the conveyancing practitioner who carried out the work.

I am buying a new build flat in Eynsham. 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 Eynsham

    Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please supply a car parking plan.

I am looking for a ground for flat up to £305k and identified one close by in Eynsham I like with a park and transport links in the vicinity, the downside is that it's only got 61 years unexpired on the lease. There is not much else in Eynsham for this price, so just wondered if I would be making a mistake purchasing a short lease?

Should you need a mortgage the remaining unexpired lease term may be a potential deal breaker. Reduce the price by the amount the lease extension will cost if not already taken into account. If the current proprietor has owned the property for a minimum of twenty four months you may request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing lawyer about this.

In what way does the Landlord & Tenant Act 1954 affect my commercial offices in Eynsham and how can you help?

The particular law that you refer to gives protection to business tenants, giving them the legal entitlement to make a request to court for a new tenancy and continue in occupation at the end of the lease term. There are limited grounds that a landlord can refrain from granting a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing solicitors who use the act to your advantage and assist with commercial conveyancing in Eynsham

We are in the process of acquiring a property in Eynsham. Can our lawyer keep the amount we are are purchasing for a secret from sites such as Zoopla. what can I do to ensure this is not noted?

HMLR are legally required to specify price paid data on the official title for domestic properties countrywide which includes homes in Eynsham. The Title Register is a public document, so the Land Registry would be breaching their statutory obligations excluded certain properties such as your property in Eynsham.

In essence you can make a request of the Land Registry to hide the amount paid data yet the response will be a No.

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