It is a dozen years since I purchased my property in Redbridge. Conveyancing lawyers have recently been instructed on the sale but I am unable to track down the title documents. Will this cause complications?
You need not be too concerned. First the deeds may be with the mortgage company or they could be in the possession of the lawyers who acted in the purchase. Secondly in all probability the title will be registered at the land registry and you will be able to prove you own the property by your conveyancing solicitors procuring current official copies of the land registers. Nearly all conveyancing in Redbridge relates to registered property but in the rare situation where your property is unregistered it adds to the complexity but is resolvable.
Various web forums that I have frequented warn that are a common reason for delay in Redbridge conveyancing transactions. Is this right?
The Council of Property Search Organisations (CoPSO) has noted the conclusions of a review by MoveWithUs that conveyancing searches do not feature amongst the common causes of hindrances in the conveyancing process. Searches are unlikely to feature in any holding up conveyancing in Redbridge.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Redbridge?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Redbridge. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
How does conveyancing in Redbridge differ for newly converted properties?
Most buyers of new build residence in Redbridge contact us having been asked by the developer to sign contracts and commit to the purchase even before the house is built. This is because developers in Redbridge typically purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Redbridge or who has acted in the same development.
I am looking into buying my first house which is in Redbridge and I am already nervous. I couldn't find anything specific about Redbridge. Conveyancing will be needed in due course but do you know about the Redbridge area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Redbridge. In the meantime here are some basic statistics that we found
I am hoping to put an offer on a small detached house that appears to tick a lot of boxes, at a reasonable figure which is making it all the more appealing. I have just discovered that it's a leasehold rather than freehold. I would have thought that there are issues buying a leasehold house in Redbridge. Conveyancing solicitors have are about to be appointed. Will my lawyers set out the implications of buying a leasehold house in Redbridge ?
The majority of houses in Redbridge are freehold rather than leasehold. In this scenario it’s worth having a local conveyancer used to dealing with such properties who can assist with the conveyancing process. it is apparent that you are buying in Redbridge in which case you should be shopping around for a Redbridge conveyancing solicitor and check that they are used to dealing with leasehold houses. As a matter of priority you will need to check the unexpired lease term. As a lessee you will not be entirely free to do whatever you want with the house. The lease will likely included provisions such as requiring the landlord’sconsent to conduct changes to the property. You may also be required to pay a maintenance charge towards the upkeep of the communal areas where the property is located on an estate. Your solicitor will advise you fully on all the issues.
Having spent years of negotiations we simply can't agree with our landlord on how much the lease extension should cost for our flat in Redbridge. Can we issue an application to the Residential Property Tribunal Service?
You certainly can. We can put you in touch with a Redbridge conveyancing firm who can help.
An example of a Freehold Enfranchisement decision for a Redbridge residence is 59 & 59a Clarendon Gardens in February 2014. The Tribunals valuation for the freehold was £30,073.00 The unexpired term was 65 and 61.