Can I use your services to recommend a Conveyancing solicitor in Tilehurst even where I’m not purchasing or disposing of a house, for example where I intend to buy an office in Tilehurst with a mortgage from The Royal Bank of Scotland?
The service is predominantly there to help choose domestic conveyancing solicitors in Tilehurst but we have recorded at the bottom of this page a selection of Tilehurst commercial conveyancing firms. You will need to speak with the solicitors directly to establish if they can also act for The Royal Bank of Scotland
Various internet forums that I have frequented warn that are the number one cause of delay in Tilehurst house deals. Is this right?
The Council of Property Search Organisations (CoPSO) released conclusions of research by MoveWithUs that conveyancing searches do not feature amongst the most frequent causes of hindrances in the conveyancing process. Searches are unlikely to feature in any holding up conveyancing in Tilehurst.
Are there restrictive covenants that are commonly identified during conveyancing in Tilehurst?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Tilehurst. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
How does conveyancing in Tilehurst differ for newly converted properties?
Most buyers of new build or newly converted property in Tilehurst contact us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the house is finished. This is because new home sellers in Tilehurst typically 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 conveyancing solicitors 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 Tilehurst or who has acted in the same development.
I am a negotiator for a busy estate agency in Tilehurst where we have witnessed a number of leasehold sales jeopardised due to leases having less than 80 years remaining. I have received conflicting advice from local Tilehurst conveyancing firms. Please can you confirm whether the vendor of a flat can instigate the lease extension process for the purchaser on completion of the sale?
As long as the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the buyer can avoid having to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or simultaneously with completion of the disposal of the property.
Alternatively, it may be possible to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
Leasehold Conveyancing in Tilehurst - Examples of Questions you should ask Prior to Purchasing
How many of the leaseholders are in arrears for their maintenance charge payments? How many years remain on the lease? Is anyone aware of any major works in the planning that could add a premium to the maintenance charges?