It is a dozen years since I bought my home in Empingham. Conveyancing lawyers have recently been appointed on the sale but I am unable to find the title documents. Will this jeopardise the sale?
You need not be too concerned. First the deeds may be kept by the lender or they may be archived with the conveyancers who oversaw the purchase. Secondly in all probability the land will be recorded at the land registry and you will be able to establish that you are the registered owner by your conveyancing lawyers obtaining current official copies of the land registers. Nearly all conveyancing in Empingham relates to registered property but in the rare situation where your property is unregistered it adds to the complexity but is resolvable.
Just acquired a semi-detached house in Empingham , What is the estimated time for the Land Registry to register the transfer to my name? My Empingham conveyancing solicitor works at snail pace, so I want to be certain the registration is concluded.
There is nothing unique about conveyancing in Empingham registration formalities. Rather than based on location, timeframes can differ according to the party submitting the application, whether there are errors and if the Land registry communicate with any other persons or bodies. As of today roughly three quarters of such applications are completed within two weeks but some can be subject to extensive delays. Historically registration occurs after the new owner has moved in to the premises so an expedited registration is not always top priority yet where it is urgent that the the registration takes place urgently then you or your solicitor can contact the land registry and explain the circumstances.
I am buying a new build flat in Empingham. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below are examples of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Empingham
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Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.
What does commercial conveyancing in Empingham cover?
Empingham conveyancing for business premises incorporates a broad range of services, provided by regulated 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 usually, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.
As co-executor for the will of my aunt I am selling a residence in Monmouth but I am based in Empingham. My lawyer (who is 300 kilometers awayrequires that I execute a stat dec prior to the transaction finalising. Could you suggest a conveyancing practitioner in Empingham who can attest and place their company stamp on the document?
strictly speaking you are unlikely to be required to have the documents attested by a conveyancing solicitor. Normally or notary public or solicitor will do regardless of whether they are located in Empingham
I am attracted to a two flats in Empingham both have in the region of fifty years left on the lease term. Will this present a problem?
A lease is a legal document that entitles you to use the property for a period of time. As a lease shortens the saleability of the lease decreases and it becomes more expensive to extend the lease. This is why it is often a good idea to increase the term of the lease. It is often difficult to sell a property with a short lease because mortgage lenders less inclined to grant a loan on such properties. Lease enfranchisement can be a difficult process. We advise that you seek professional assistance from a solicitor and surveyor with experience in this arena.
Empingham Leasehold Conveyancing - A selection of Queries Prior to Purchasing
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How much is the service charge and ground rent on the flat? Does the lease include onerous restrictions? Who are the managing agents?