It is is a decade since I bought my property in Tyne And Wear. Conveyancing solicitors have now been retained on the sale but I am unable to track down the title deeds. Will this cause complications?
Don’t worry too much. First there is a possibility that the deeds will be kept by your lender or they may be archived with the lawyers who acted in your purchase. Secondly in most cases the land will be registered at the land registry and you will be able to prove you own the property by your conveyancing solicitors obtaining up to date copy of the land registers. Nearly all conveyancing in Tyne And Wear relates to registered property but in the unlikely event that your home is not registered it is more of a problem but is resolvable.
How do I check that the solicitor carrying out my conveyancing in Tyne And Wear is on the mortgage lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Birmingham Midshires thus paying £175.00 in further conveyancing costs.
You should take advantage of the find a lender approved solicitor tool on this web page. Pick the mortgage company and type ‘Tyne And Wear’ or your location and you will discover numerous conveyancers offices in Tyne And Wear or by proximity to you.
Various web forums that I have frequented warn that are the number one cause of delay in Tyne And Wear conveyancing transactions. Is that correct?
The Council of Property Search Organisations (CoPSO) released determinations of research by MoveWithUs that conveyancing searches do not figure within the most frequent causes of delays during the legal transfer of property. Local searches are unlikely to feature in any delay in conveyancing in Tyne And Wear.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Tyne And Wear?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Tyne And Wear. 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…’
We expect to complete the disposal of our £425,000 garden flat in Tyne And Wear in just under a week. The freeholder has quoted £396 for Landlord’s certificate, building insurance schedule and previous years statements of service charge. Is the landlord entitled to charge an administration fee for a leasehold conveyance in Tyne And Wear?
For the majority of leasehold sales in Tyne And Wear conveyancing will involve, queries regarding the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :
-
Completing pre-exchange questions
Where consent is required before sale in Tyne And Wear
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 Tyne And Wear - Examples of Questions you should ask before Purchasing
-
You will want to discover as much as you can concerning the company managing the building as they will impact your use and enjoyment of the property. Being a leasehold owner you are frequently at the mercy of the managing agents both financially and when it comes to practical issues like the cleanliness of the communal areas. Don't be shy to ask prospective neighbours what they think of their service. In conclusion, investigate as to the dates that you are obliged pay the service charge to the relevant party and specifically what it includes. Is there a share of the freehold?