I have recentlybeen informed that Arc property Solicitors have closed. They conducted my conveyancing in Taunton for a purchase of a leasehold apartment 10 months ago. How can I check that the property is registered correctly in the name of the former proprietor?
The quickest method to see if the premises is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Taunton conveyancing specialists.
How does conveyancing in Taunton differ for newly converted properties?
Most buyers of new build residence in Taunton approach us having been asked by the developer to exchange contracts and commit to the purchase even before the property is constructed. This is because new home sellers in Taunton tend to purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Taunton or who has acted in the same development.
I am looking for a ground for flat up to £245,000 and found one near me in Taunton I like with open areas and station nearby, however it's only got 51 remaining years left on the lease. I can't really find anything else in Taunton suitable, so just wondered if I would be making a mistake buying a short lease?
If you require a home loan that many years will be a potential deal breaker. Discount the offer by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for at least 2 years you can request that they start the process of the extension and pass it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing solicitor about this.
I have been sourcing a conveyancing lawyer in Taunton for my purchase. Is there any facility to check a firm’s complaints history with the profession’s regulator?
Anyone may search for presented Solicitor Regulator Association (SRA) decisions resulting from inquisitions commenced on or after 1 January 2008. Go to Check a solicitor's record. To find information about the period before 1 January 2008, or to check a solicitors record, phone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, dial +44 (0)121 329 6800. The SRA could recorded call for training purposes.
I have recently realised that I have Sixty One years unexpired on my flat in Taunton. I now wish to get lease extension but my landlord is missing. What should I do?
On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be lengthened by the magistrate. However, you will be required to demonstrate that you have made all reasonable attempts to locate the landlord. In some cases an enquiry agent should be useful to try and locate and prepare an expert document to be used as proof that the freeholder is indeed missing. It is advisable to get professional help from a solicitor in relation to proving the landlord’s disappearance and the vesting order request to the County Court overseeing Taunton.
Taunton Leasehold Conveyancing - A selection of Queries before buying
You will want to find out as much as possible about the company managing the building as they will affect your use and enjoyment of the property. Being a leasehold owner you are frequently in the clutches of the managing agents both financially and when it comes to practical issues such as the upkeep of the communal areas. Enquire of prospective neighbours if they are happy with them. Finally, be sure you understand the dates that the service charges are due to the appropriate party and precisely what you get for your money. Who manages the building?