It is is a decade since I acquired my house in Northop. Conveyancing solicitors have recently been retained on the sale but I can't track down the title documents. Will this cause complications?
You need not be too concerned. Firstly the deeds may be retained by the mortgage company or they could still be with the solicitor who handled the purchase. Secondly the likelihood is that the title will be recorded at the land registry and you will be able to establish that you are the registered owner by your conveyancing solicitors acquiring current official copies of the land registers. Nearly all conveyancing in Northop involves registered property but in the rare situation where your property is unregistered it is more problematic but is not insurmountable.
My uncle passed away last year and as sole heir and executor I was left the property in Northop. The house had a small mortgage remaining of approximately £4500. I want to have the title changed into my name whilst I re-mortgage to UBS, pay off the mortgage. Is this allowed?
Where you plan to refinance then UBS will insist on your using a conveyancer on the UBS conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your UBS conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the UBS mortgage is registered as a charge at the Land Registry.
My relative suggested that where I am buying in Northop I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is usually included in the estimate for your Northop conveyancing searches. It is not a small document of about 40 pages, listing and detailing important information about Northop around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Local Education with plans and statistics, Local Amenities and other useful information about Northop.
I am buying a new build apartment in Northop. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here is a sample of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Northop
The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Forfeiture - bankruptcy or liquidation must not apply under this provision.
What does commercial conveyancing in Northop cover?
Northop conveyancing for business premises covers a wide range of guidance, given by qualified solicitors, relating to business premises. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment 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 mortgages and the termination of tenancies.
Planning to sign contracts shortly on a garden flat in Northop. Conveyancing lawyers have said that they will have a report out to me on Monday. What should I be looking out for?
Your report on title for your leasehold conveyancing in Northop should include some of the following:
Your solicitors should enable you to have an understanding of the insurance provisions Specifying your rights in respect of the communal areas in the building.For instance, does the lease contain a right of way over an accessway or hallways? The physical ownership of the property. This will be the property itself but might incorporate a loft or storage are if appropriate. Repair and maintenance of the property Does the lease prevent you from renting out the flat, or having a home office for business
Northop Conveyancing for Leasehold Flats - Sample of Queries before Purchasing
The answer will be useful as a) areas could result in problems in the building as the common areas may start to deteriorate if maintenance are not paid for b) if the leasehold owners have an issue with the managing agents you will want to have full disclosure Be sure to enquire if the the lease contains any unreasonable restrictions in the lease. For instance it is very common in Northop leases that pets are not allowed in certain buildings in Northop. If you like the propertyin Northop yet your cat is not allowed to live with you then you will be faced difficult choice. It is important to be aware if fixing the lift or some other major work is anticipated to be shared amongst the leasehold owners and will materially impact the level of the maintenance fees or require a specific invoice.