It is a dozen years since I acquired my house in Oxshott. Conveyancing solicitors have just been appointed on the sale but I am unable to locate the title documents. Is this a major issue?

Don’t worry too much. First there is a chance that the deeds will be retained by your mortgage company or they could be in the possession of the conveyancers who oversaw the purchase. Secondly the chances are that the land will be registered at the land registry and you will be able to prove you are the registered owner by your conveyancing lawyers obtaining current official copies of the land registers. Most conveyancing in Oxshott involves registered property but in the rare situation where your property is unregistered it is more problematic but is not insurmountable.

We're in Oxshott, First timers buying with a mortgage (lender is , and our lawyer is on the conveyancing panel). How long should the conveyancing process take?

The fact that your lawyer is on the conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.

The estate agent has sent us the confirmation of our purchase of a new build flat in Oxshott. Conveyancing is daunting 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 few leasehold new build questions that you may expect your new-build leasehold conveyancing in Oxshott

The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Forfeiture - bankruptcy or liquidation must not apply under this provision. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?

In what way can the Landlord & Tenant Act 1954 impact my commercial property in Oxshott and how can you help?

The 1954 Act gives a safeguard to commercial lessees, granting the right to apply to court for a new tenancy and continue in occupation when the lease comes to an end. There are certain specified grounds where a landlord can refrain from granting a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing firms who use the act to your advantage and assist with commercial conveyancing in Oxshott

Oxshott Conveyancing for Leasehold Flats - Examples of Queries Prior to buying

Where a Oxshott lease has fewer than 80 years it will have adverse implications on the salability of the property. Check with your bank that they are willing to go ahead with the loan given the lease term. A short lease means that you will probably have to extend the lease sooner rather than later and it is worth finding out how much this will be. Remember, in most cases you will be be obliged to have owned the residence for a couple of years in order to be entitled to extend the lease. Plenty Oxshott leasehold flats will incur a service charge for maintenance of the block levied by the management company. Should you acquire the property you will have to pay this charge, usually in instalments accross the year. This could be anything from two or three hundred pounds to thousands of pounds for bigger purpose-built blocks. In all likelihood there will be a rentcharge to be met yearly, this is usually not a significant amount, say about £25-£75 but you should to check it because on occasion it could be surprisingly expensive. Generally speaking the cost for major works tend not to be incorporated into the maintenance charges, although some managing agents in Oxshott require tenants to pay into a reserve fund created for the specific intention of establishing a fund for larger works.