Various web forums that I have come across warn that are a common cause of stalling in Maidenbower house deals. Is this right?
The Council of Property Search Organisations (CoPSO) released conclusions of a review by MoveWithUs that conveyancing searches do not figure amongst the common causes of hindrances in the conveyancing process. Searches are not likely to be the root cause of delay in conveyancing in Maidenbower.
Despite weeks of looking the Title Certificate and documents to our house are lost. The solicitors who did the conveyancing in Maidenbower 5 years ago no longer exist. What are my options?
Assuming the title is registered the information relating to your proprietorship will be held by the Land Registry under a Title Number. It is easy to execute a search at the Land Registry, identify your property and obtain current copies of the property title for a small fee. Where the title is Leasehold then the Land Registry will also normally hold a file duplicate of the Registered Lease and again, a copy can be retrieved for twenty pounds.
I am buying a new build apartment in Maidenbower. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here are examples of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Maidenbower
Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please supply a car parking plan. Forfeiture - bankruptcy or liquidation must not apply under this provision. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore.
I am looking for a leasehold apartment up to £195,000 and found one round the corner in Maidenbower I like with open areas and railway links nearby, the downside is that it only has 51 remaining years left on the lease. I can't really find anything else in Maidenbower suitable, so just wondered if I would be making a grave error acquiring a short lease?
Should you require a mortgage that many years may be a potential deal breaker. Discount the offer by the amount the 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 may ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should consult your conveyancing lawyer about this matter.
All being well we will complete the disposal of our £300,000 apartment in Maidenbower next Monday. The management company has quoted £336 for Landlord’s certificate, insurance certificate and 3 years statements of service charge. Is the landlord entitled to charge exorbitant fees for a leasehold conveyance in Maidenbower?
Maidenbower conveyancing on leasehold flats ordinarily involves fees being raised by management companies :
Answering pre-exchange enquiries
Where consent is required before sale in Maidenbower
Copies of the building insurance and schedule
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
Leasehold Conveyancing in Maidenbower - Sample of Queries Prior to Purchasing
Are any of leasehold owners in arrears of their service charge payments? What restrictions are contained in the Maidenbower Lease?