It is a dozen years since I acquired my property in Cudworth. Conveyancing lawyers have just been instructed on the sale but I am unable to locate the title documents. Is this a major issue?
Don’t worry too much. Firstly the deeds may be kept by your mortgage company or they may be in the possession of the conveyancers who oversaw 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 own the property by your conveyancing solicitors procuring current official copies of the land registers. The vast majority of conveyancing in Cudworth relates to registered property but in the unlikely event that your property is unregistered it adds to the complexity but is resolvable.
Is it necessary during the course of the conveyancing process to have a meeting at the offices of the solicitor to sign the legal charge? If so, I will instruct a firm who offer conveyancing in Cudworth so that I can attend their offices when needed.
Whereas this was necessary 15 years ago, the vast majority mortgage companies no longer require their conveyancing panel solicitor to witness the borrowers signature. You will still be obliged to hand over identification documents and there are still distinct benefits to using a local practitioner, in your case a conveyancing solicitor in Cudworth.
Over the last few months I have been searching for a flat up to £235,500 and found one round the corner in Cudworth I like with open areas and transport links in the vicinity, however it's only got 52 years unexpired on the lease. I can't really find anything else in Cudworth suitable, so just wondered if I would be making a grave error purchasing a short lease?
Should you need a mortgage the remaining unexpired lease term will likely be a potential deal breaker. Reduce the offer by the expected lease extension will cost if not already taken into account. If the current owner has owned the premises for a minimum of 2 years you may ask them to start the process of the extension and then assign it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should consult your conveyancing solicitor about this matter.
My business partner and I are looking to lease a unit on a shopping parade. Can you recommend solicitors offering fixed charges for non-domestic conveyancing in Cudworth for less than £2000?
We are happy to recommend firms who host a wealth of experience of commercial conveyancing in Cudworth, including the sale and acquisition of businesses as well as simply property. Whether you are intending to buy or lease a shop, pub, restaurant, office, retail unit or a whole business we can put you in touch with the right solicitor. As for the charges these will vary based on the structure and complexity of the deal. Please provide us with your contact information or telephone us so that we may provide you with a detailed commercial conveyancing calculation.
I am purchasing a ground floor apartment in Cudworth. Conveyancing lawyer is waiting for, from the vendor, building insurance documents. Earlier today I was informed that the seller must forward the insurance documents for the flat above also. Why would my property lawyer want to review the insurance for the other flat? Is it strictly necessary? We have been stalled for the last fortnight…
It is not impossible in leasehold conveyancing in Cudworth to find Conveyancing in Cudworth in a minority of cases reveals that the lease obliges the leasehold owners to insure their individual flats rather than the freeholder insuring the whole property - which is definitely preferable. You should double check with your property lawyer but it would appear that your conveyancing practitioner is attempting to establish that the complete building is insured. Insuring a ground floor residence is no help when it comes to rebuilding after a fire if the 1st floor cannot be rebuilt as a result of lack of insurance.