Willretaining a Shinfield and Arborfield conveyancing practitioner make my purchase more efficient?
Existing third party connections is an important consideration when appointing conveyancing solicitors. Shinfield and Arborfield law firms often have connections with mortgage brokers and Shinfield and Arborfield, local authorities, surveyors and other law firms meaning you will move in shortest possible time. Hosting a wealth of knowledge of the local area also helps too.
I am need of leasehold conveyancing for a flat in a relatively new development (five years built) in Shinfield and Arborfield. Almost all the properties have already been sold. Is it really necessary to order conveyancing searches for my conveyancing in Shinfield and Arborfield?
You are opening yourself up to an unnecessary risk in failing carrying out Shinfield and Arborfield conveyancing searches. Without searches you have no clarity over flooding, environmental etc which may mean you walk away due to potential problems down the line. If you are buying mortgage free there is no legal requirement to have them, but we would strongly advise in no uncertain terms that you have them. Where accelerating the process and driving down costs are top of your concerns you should consider with your conveyancer about the options such as lack of search insurance available to you
It is is a decade since I purchased my home in Shinfield and Arborfield. Conveyancing lawyers have just been instructed on the sale but I can't find the title deeds. Will this cause complications?
You need not be too concerned. First there is a chance that the deeds will be with the lender or they could be in the possession of 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 establish that you own the property by your conveyancing solicitors obtaining current official copies of the land registers. Almost all conveyancing in Shinfield and Arborfield involves registered property but in the unlikely event that your property is not registered it adds to the complexity but is resolvable.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in two weeks back in what was supposed to be a simple, no chain conveyancing. Shinfield and Arborfield is the location of the property. Can you shed any light on this issue?
Flying freeholds in Shinfield and Arborfield are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Shinfield and Arborfield you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Shinfield and Arborfield may ascertain 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 premises.
How does the Landlord & Tenant Act 1954 affect my business premises in Shinfield and Arborfield and how can you help?
The 1954 Act affords a safeguard to business leaseholders, giving them the a statutory right to apply to court for a renewal tenancy and remain in occupation at the end of an expired lease. There are limited grounds where a landlord can refrain from granting a lease renewal and the rules are complex. Fees are different for commercial conveyancing. Shinfield and Arborfield is one of the hundreds of locations in which the firms we work with are located
Being a leasehold owner I am on the hook for a service charge for my flat in Shinfield and Arborfield. Due to losing my job and other issues I slipped behind with payments. The freeholders agreed a settlement plan but there is still a couple of outstanding as of today.
I now wish to sell and I am worried this can jeopardize the sale if I have to settle the amount due first. I'd like to sell up and then pay them back with the proceeds - is this possible?
Do check with the conveyancing practitioner conducting your Shinfield and Arborfield conveyancing but it may be possible to arrange for the outstanding amount to be attributed to the purchasers. The purchase price due would be adjusted to reflect the amount of debt they assume. They could then discharge the outstanding monies once they are the owners.