Me and my brother have a terraced Victorian property in Basingstoke. Conveyancing lawyer acted for me and Alliance & Leicester . I did a free Land Registry search last week and there are a couple of entries: one for freehold, another for leasehold under the matching property. I'd like to know for sure, how can I find out??
You should review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Basingstoke and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the position with the conveyancing solicitor who conducted the conveyancing.
Due to the input of my in-laws I had a survey completed on a property in Basingstoke before retaining lawyers. I have been advised that there is a flying freehold overhang to the property. My surveyor has said that some banks will not issue a loan on such a premises.
It varies from the lender to lender. Bank of Scotland has different requirements from Nationwide. If you call us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Basingstoke. Conveyancing may be slightly more expensive based on your lender's requirements.
What does commercial conveyancing in Basingstoke cover?
Basingstoke conveyancing for business premises covers a broad range of guidance, supplied by qualified solicitors, relating to business premises. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing leases 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 leases.
I need to find a conveyancing solicitor for residential conveyancing in Basingstoke. I have chance upon a web site which looks to be the perfect offering If it is possible to get all this stuff completed via phone that would be ideal. Should I be wary? What should out be looking out for?
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?
What advice can you give us when it comes to appointing a Basingstoke conveyancing firm to carry out our lease extension conveyancing?
When appointing a solicitor for lease extension works (regardless if they are a Basingstoke conveyancing firm) it is imperative that he or she should be familiar with the legislation and specialises in this area of conveyancing. We suggest that you talk with several firms including non Basingstoke conveyancing practices before you instructing a firm. If the firm is ALEP accredited then so much the better. The following questions could be useful:
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Can they put you in touch with clients in Basingstoke who can give a testimonial?
Basingstoke Conveyancing for Leasehold Flats - Examples of Questions you should ask before Purchasing
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It would be prudent to enquire if there are any onerous restrictions in the lease. For instance plenty of leases prohibit pets being permitted in in a block in Basingstoke. If you love the flatin Basingstoke but your cat can’t make the move with you then you have a very hard compromise. Are any of leasehold owners in dispute over their service charge liability?
Is there a difference between surveying and conveyancing in Basingstoke?
Conveyancing - in Basingstoke or elsewhere - is the legal term given to transferring legal title of property from one person to another. It therefore includes the checking of the title. Whether buying or selling, you should be aware of anything affecting the property such as proposals by government departments, illegal buildings, or outstanding rates. The conveyancer should conduct the appropriate searches and inquiries on the property. Surveying relates to the structure of a property itself. A surveyor will look at a house, flat and any outbuildings you’re purchasing and will help you discover the condition of the building and, if there are problems, give you leverage for reducing the price down or asking the seller to fix the problems before you move in.