My Wealdstone solicitor has spotted a difference when comparing the information in the valuation survey and what is in the title deeds. My solicitor has advised that he is obliged to check that the lender is happy with this discrepancy and is still content to lend. Is my conveyancer’s course or action appropriate?

Your must comply with the UK Finance Lenders’ Handbook provisions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.

Just had an offer accepted on a new build apartment in Wealdstone. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.

Here are examples of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Wealdstone

There must be mutual enforceability of lessee’s covenants. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please supply evidence that the form of Lease proposed has been approved by the Land Registry.

Yesterday I discovered that there is a flying freehold issue on a house I have offered on last month in what was supposed to be a straight forward, chain free conveyancing. Wealdstone is the location of the property. Can you offer any assistance?

Flying freeholds in Wealdstone are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Wealdstone you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Wealdstone may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.

I need to retain a conveyancing solicitor for my conveyancing in Wealdstone. I happened to stumble upon a web site which seems to have the perfect offering If there is a chance to get all formalities done via web that would be ideal. Should I be concerned? What are the potential pitfalls?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?

Having checked my lease I have discovered that there are only Seventy years left on my lease in Wealdstone. I now wish to extend my lease but my freeholder is can not be found. What are my options?

If you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for for permission to dispense with the service of the initial notice. This will mean that your lease can be extended by the magistrate. However, you will be required to demonstrate that you or your lawyers have made all reasonable attempts to find the freeholder. In some cases an enquiry agent would be useful to conduct investigations and to produce a report to be accepted by the court as evidence that the freeholder can not be located. 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 covering Wealdstone.

Wealdstone Conveyancing for Leasehold Flats - Examples of Questions you should ask Prior to buying

For most Wealdstone leaseholds the outlay for major works tend not to be included within service charges, although there some managing agents in Wealdstone require leasehold owners to pay into a sinking fund created for the specific purpose of building a fund for major works. Is the freehold owned collectively by the leaseholders? Most Wealdstone leasehold flats will incur a service bill for maintenance of the building invoiced by the management company. Where you buy the flat you will have to meet this liability, usually quarterly throughout the year. This may vary from several hundred pounds to thousands of pounds for large purpose-built buildings. In all likelihood there will be a rentcharge to be met yearly, normally this is not a large sum, say approximately £50-£100 but you should to check it because sometimes it can be many hundreds of pounds.