It is 10 years ago since I purchased my home in High Holborn. Conveyancing solicitors have just been appointed on the sale but I am unable to find the title deeds. Will this cause complications?
You need not be too concerned. First the deeds may be retained by your mortgage company or they could be archived with the lawyers who oversaw your purchase. Secondly in all probability the property will be recorded at the land registry and you will be able to prove you are the registered owner by your conveyancing lawyers acquiring current official copies of the land registers. The vast majority of conveyancing in High Holborn involves registered property but in the unlikely event that your home is not registered it adds to the complexity but is resolvable.
I require quick conveyancing in High Holborn as I have pressure to exchange contracts within one month. Luckily I do not need a mortgage. Is it possible to escape the need for conveyancing searches to save fees and time?
As you are are a cash purchaser you are at free not to have searches carried out although no conveyancer would recommend that you don't. Drawing on our experience of conveyancing in High Holborn the following are examples of issues that can appear and adversely impact future saleability: Refused Planning Applications, Overdue Fees, Overdue Grants, Railway Schemes,...
Me and my brother have a 4 bedroom Georgian house in High Holborn. Conveyancing practitioner acted for me and Nottingham Building Society. I did a free Land Registry search last week and I saw two entries: the first freehold, another for leasehold with the exact same address. I'd like to know for sure, how can I find out??
You need to review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in High Holborn 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 mortgage companies. You can also check the position with the conveyancing lawyer who conducted the conveyancing.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in last month in what was supposed to be a simple, chain free conveyancing. High Holborn is where the house is located. Can you offer any guidance?
Flying freeholds in High Holborn are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in High Holborn 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 High Holborn may decide 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.
Looking forward to sign contracts shortly on a studio apartment in High Holborn. Conveyancing solicitors have said that they report fully on Monday. Are there areas in the report that I should be focusing on?
The report on title for your leasehold conveyancing in High Holborn should include some of the following:
Where does the liability rest to repair and maintain the block. It is essential for you to know who is duty bound to repair and maintenance of every part of the building Rent payments - what is payable and when is collected, and be on notice if this will change in the future Whether your lease provides for a sinking fund? Information concerning the obligations in the lease to to contribute towards maintenance costs - in respect of the block, and the more general rights a leaseholder enjoys Does the lease prevent you from letting out the flat, or having a home office for business
I have given up trying to reach an agreement for a lease extension in High Holborn. Can this matter be resolved via the Leasehold Valuation Tribunal?
if there is a missing landlord or if there is dispute about the premium for a lease extension, under the relevant statutes you can apply to the Leasehold Valuation Tribunal to calculate the amount due.
An example of a Lease Extension case for a High Holborn flat is Flat 89 Trinity Court Grays Inn Road in February 2013. the Tribunal found that the premium to be paid by the tenant on the grant of a new lease, in accordance with section 56 and Schedule 13 to the Leasehold Reform, Housing and Urban Development Act 1993 should be £36,229. This case related to 1 flat. The unexpired lease term was 66.8 years.
My in 2005. He has since got married, widowed and is now remarried. He will be selling the apartment in a couple of months. I believe he will just be asked to supply copies of his marriage certificates to the conveyancing practitioner but he is concerned it will frustrate the home sale. Is it worth updating the title documents for the property?
The is no need to bring up to date the title for the property providing you have the proof required to demonstrate how the name change resulted.
The purchaser’s lawyer should examine the land registry information and need evidence to prove the name change for example marriage certificates.