Having sold my house in Old Oak Common last September yet the purchaser is whats apping me complaining that her lawyer is waiting to hear from myconveyancer. What should my lawyer have done following completion?
Following your disposal your conveyancer should send the transfer documentation and all supplemental paperwork to the purchaser's lawyers. Where appropriate, your conveyancer must also send confirmation that the home loan has been redeemed to the buyers lawyers. There is unlikely to be post completion procedures unique to conveyancing in Old Oak Common.
Should commercial conveyancing searches disclose impending roadworks that may impact a commercial premises in Old Oak Common?
Many commercial conveyancing solicitors in Old Oak Common will order a SiteSolutions Highways report as it dramatically cuts the time that conveyancers spend in researching accurate data on highways that impact buildings and development assets in Old Oak Common. 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 Old Oak Common.
For each commercial conveyancing transaction in Old Oak Common it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately can result in delays to Old Oak Common commercial conveyancing transactions as well as present a risk to future intentions for the site. These searches are not ordered for residential conveyancing in Old Oak Common.
I am buying a new build flat in Old Oak Common. Conveyancing is a frightening process 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.
Here is a sample of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Old Oak Common
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Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. 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 Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.
Due to the advice of my in-laws I had a survey completed on a house in Old Oak Common before retaining conveyancers. I have been advised that there is a flying freehold element to the house. The surveyor has said that some lenders will not issue a loan on a flying freehold premises.
It varies from the lender to lender. HSBC has different instructions for example to Nationwide. If you e-mail us we can check with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Old Oak Common. Conveyancing will be smoother if you use a solicitor in Old Oak Common especially if they are acquainted with such properties in Old Oak Common.
What does commercial conveyancing in Old Oak Common cover?
Non domestic conveyancing in Old Oak Common covers a broad range of advice, provided 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 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 mortgages and the termination of leases.
There are only Seventy years remaining on my flat in Old Oak Common. I now want to get lease extension but my freeholder is absent. What options are available to me?
If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for for permission to dispense with the service of the initial notice. This will mean that your lease can be granted an extra 90 years by the magistrate. However, you will be required to demonstrate that you have made all reasonable attempts to find the landlord. In some cases a specialist should be helpful to try and locate and prepare an expert document which can be used as proof that the landlord is indeed missing. It is advisable to get professional help from a conveyancer both on proving the landlord’s absence and the application to the County Court overseeing Old Oak Common.
I have tried to negotiate informally with with my landlord for a lease extension without getting anywhere. Can I apply to the Leasehold Valuation Tribunal? Can you recommend a Old Oak Common conveyancing firm to act on my behalf?
Absolutely. We can put you in touch with a Old Oak Common conveyancing firm who can help.
An example of a Freehold Enfranchisement decision for a Old Oak Common property is 49 Long Drive in March 2014. The tribunal concluded that the price payable for the freehold interest in the Property should be £26,491 divided as to £12,546 in respect of the ground floor flat and £13,945 in respect of the first floor flat This case related to 2 flats. The unexpired lease term was 68.47 years.