It is 10 years ago since I bought my house in Gedling. Conveyancing lawyers have now been instructed on the sale but I am unable to track down the deeds. Is this a major issue?
Don’t worry too much. First the deeds may be kept by your mortgage company or they may still be with the solicitor who handled the purchase. Secondly in all probability the land will be registered at the land registry and you will be able to establish that you are the registered owner by your conveyancing solicitors obtaining up to date copy of the land registers. Almost all conveyancing in Gedling relates to registered property but in the rare situation where your home is unregistered it is more problematic but is resolvable.
Do commercial conveyancing searches reveal planned roadworks that may affect a commercial estate in Gedling?
Many commercial conveyancing solicitors in Gedling will order a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in investigating accurate data on highways that impact buildings and development assets in Gedling. The report provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Gedling.
For every commercial conveyancing transaction in Gedling it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately may result in delays to Gedling commercial conveyancing transactions as well as pose a risk to future intentions for the site. These searches are not ordered for domestic conveyancing in Gedling.
Me and my brother have a semi-detached Edwardian property in Gedling. Conveyancing solicitor represented me and Skipton Building Society. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: the first freehold, the second leasehold under the matching property. I'd like to know for sure, how can I find out??
You should assess 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 Gedling and other locations in 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 question the situation with the conveyancing practitioner who conducted the conveyancing.
I have been on the look out for a leasehold apartment up to £245,000 and identified one round the corner in Gedling I like with open areas and transport links in the vicinity, however it's only got 52 years unexpired on the lease. There is not much else in Gedling in this price bracket, so just wondered if I would be making a mistake purchasing a lease with such few years left?
Should you require a home loan that many years may be a potential deal breaker. Reduce the price by the anticipated lease extension will cost if not already taken into account. If the existing owner has owned the premises for a minimum of twenty four months you may ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the current lease with a zero ground rent applied. You should speak to your conveyancing lawyer concerning this matter.
I was recommended by a few property agents in Gedling to find a property lawyer on your site. Is there a financial inducement for Estate Agents to promote your site ahead of alternative conveyancing organisations?
We refuse to offer any commission for pointing buyers and sellers to this site. We thought it would be too underhand to pay a commission as home movers will think, ‘How come the agent getting a kickback? Why aren’t I receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
Is it true that a Gedling conveyancing solicitor got sued by clients for not carrying out the right conveyancing investigations?
Our attention has not be brought to such a Gedling conveyancing matter but it has been reported that, clients buying a property elsewhere in England successfully sued their conveyancer as a consequence of development permission to construct a wind farm not being picked up in conveyancing searches.
If you are buying in Gedling It is important that your conveyancing practitioner conduct all Gedling conveyancing searches required making sure that you have accurate and current information ahead of buying a property.