It is a dozen years since I purchased my home in Aldershot. Conveyancing solicitors have now been instructed on the sale but I can't track down my deeds. Is this a problem?
Don’t worry too much. Firstly there is a chance that the deeds will be kept by your mortgage company or they may still be with the solicitor who oversaw your purchase. Secondly the chances are that the property will be registered at the land registry and you will be able to prove you are the registered owner by your conveyancing lawyers obtaining up to date copy of the land registers. Most conveyancing in Aldershot involves registered property but in the rare situation where your home is not registered it adds to the complexity but is not insurmountable.
The formalities of my remortgage has taken place for my property in Aldershot. Conveyancing was of an acceptable standard but I would like to complain about the lender. Who do I contact should I wish to lodge a complaint?
Most lenders have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Department at head office. Ordinarily complaints to a lender are resolved very quickly. If you feel the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
I am selling my house. I had a double glazing fitted in May 2006, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, Barclays are being difficult. The Aldershot solicitor who is on the Barclays conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Barclays are requiring a building regulation certificate. Why do Barclays have a conveyancing panel if they don't accept advice from them?
It is probably the case that Barclays have referred the matter to their valuer. The reason why Barclays may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
Intending to buy a maisonette in Aldershot. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Nottingham conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Aldershot solicitor is on the Nottingham conveyancing panel.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in two weeks back in what should have been a straight forward, chain free conveyancing. Aldershot is the location of the property. Can you offer any guidance?
Flying freeholds in Aldershot are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Aldershot 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 Aldershot may determine 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 residence.
What does commercial conveyancing in Aldershot cover?
Non domestic conveyancing in Aldershot covers a wide array of advice, supplied by qualified solicitors, relating to business property. For example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.
Am I better off to go with a Aldershot conveyancing lawyer who is local to the property I am purchasing? We have a good friend who can handle the conveyancing but his firm is located a couple of hundredmiles away.
The benefit of a local Aldershot conveyancing firm is that you can pop in to execute documents, deliver your ID and apply pressure on them if necessary. Having local Aldershot know how is a plus. That being said it's more important to get someone that will pull out all the stops for you. If you know people who instructed your friend and the majority were content that must outweigh using an unfamiliar Aldershot conveyancing solicitor solely due to them being based in the area.
I want to sublet my leasehold flat in Aldershot. Conveyancing solicitor who did the purchase is retired - so can't ask him. Is permission from the freeholder required?
Some leases for properties in Aldershot do contain a provision to say that subletting is only permitted with prior consent from the landlord. The landlord cannot unreasonably withhold but, in such cases, they would need to see references. Experience dictates that problems are usually caused by unsatisfactory tenants rather than owner-occupiers and for that reason you can expect the freeholder to take up the references and consider them carefully before granting consent.
I am the registered owner of a studio flat in Aldershot, conveyancing having been completed 4 years ago. Can you give me give me an indication of the likely cost of a lease extension? Comparable flats in Aldershot with an extended lease are worth £192,000. The ground rent is £55 invoiced annually. The lease comes to an end on 21st October 2078
With 54 years left to run we estimate the premium for your lease extension to range between £32,300 and £37,400 as well as legals.
The suggested premium range above a general guide to costs for renewing a lease, but we are not able to supply a more accurate figure without more comprehensive investigations. Do not use the figures in tribunal or court proceedings. There may be additional concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information without first seeking the advice of a professional.