It is a dozen years since I acquired my home in Pitsea. Conveyancing solicitors have now been retained on the sale but I can't find my deeds. Is this a problem?
You need not be too concerned. First there is a possibility that the deeds will be retained by your lender or they could stored with the lawyers who oversaw the purchase. Secondly the likelihood is that the land will be recorded 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. Almost all conveyancing in Pitsea relates to registered property but in the unlikely event that your home is unregistered it is more of a problem but is resolvable.
Just had an offer accepted on a new build flat in Pitsea. 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 Pitsea
Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? 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. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided.
Over the last few months I have been searching for a flat up to £305k and found one close by in Pitsea I like with open areas and station nearby, the downside is that it's only got 61 years unexpired on the lease. I can't really find anything else in Pitsea in this price bracket, so just wondered if I would be making a grave error acquiring a lease with such few years left?
If you require a mortgage the remaining unexpired lease term will likely be problematic. Reduce the price by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for a minimum of 2 years you can ask them to start the process of the extension and then assign it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer regarding this.
I am selling my house. My previous lawyers have shut. I am in need of a recommendation of a conveyancing firm. Im based in Pitsea if that affects matters.
Do use our search tool to help you find a solicitor for your conveyancing in Pitsea. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
What are your top tips when it comes to finding a Pitsea conveyancing practice to carry out our lease extension conveyancing?
When appointing a property lawyer for your lease extension (regardless if they are a Pitsea conveyancing practice) it is essential that he or she should be familiar with the legislation and specialises in this area of conveyancing. We suggest that you make enquires with two or three firms including non Pitsea conveyancing practices before you instructing a firm. If the firm is ALEP accredited then so much the better. The following questions might be useful:
What are the legal fees for lease extension conveyancing?
Pitsea Leasehold Conveyancing - A selection of Queries Prior to Purchasing
How long is the Lease? You will want to find out as much as you can regarding the company managing the block as they will either make your life much simpler or uncomfortable. Being a leasehold owner you will be at the mercy of the managing agents from a financial perspective and when it comes to daily matters like the cleanliness of the communal areas. Ask other people what they think of their service. On a final note, find out the dates that you are obliged pay the service charge to the appropriate party and precisely what it includes. How much is the ground rent and service charge?