It is a dozen years since I purchased my home in Faringdon. Conveyancing solicitors have now been appointed on the sale but I can't find the title documents. Will this jeopardise the sale?
You need not be too concerned. First the deeds may be with the lender or they could still be with the lawyers who oversaw your purchase. Secondly in all probability the title will be recorded at the land registry and you will be able to prove you are the registered owner by your conveyancing solicitors acquiring up to date copy of the land registers. Most conveyancing in Faringdon relates to registered property but in the rare situation where your property is not registered it adds to the complexity but is not insurmountable.
My property lawyer in Faringdon is not on the Britannia Solicitor Panel. Is it possible for me to retain my family solicitor notwithstanding that they are excluded from the Britannia list of approved lawyers?
Your options are as follows:
- Carry on with your existing Faringdon solicitors but Britannia will need to instruct a conveyancer on their list of acceptable firms. This will inevitably rack up the overall conveyancing fees and cause frustration.
- Choose an alternative solicitor to act in the conveyancing, not forgetting to check they are Convince your lawyer to use their best endeavours to join the Britannia conveyancing panel
How can the Landlord & Tenant Act 1954 affect my business property in Faringdon and how can your lawyers assist?
The particular law that you refer to gives security of tenure to business lessees, granting the a statutory right to apply to court for a new lease and remain in occupation at the end of the lease term. There are limited grounds that a landlord can refuse a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing solicitors who use the act for protection and help with commercial conveyancing in Faringdon
I need to instruct a conveyancing solicitor for sale conveyancing in Faringdon. I've chance upon a web site which seems to have the ideal answer If there is a chance to get all the legals completed via phone that would be ideal. Should I be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I am attracted to a couple of maisonettes in Faringdon both have about forty five years left on the lease term. should I be concerned?
There are plenty of short leases in Faringdon. The lease is a right to use the premises for a period of time. As a lease gets shorter the saleability of the lease reduces and results in it becoming more expensive to acquire a lease extension. This is why it is often a good idea to extend the lease term. More often than not it is difficult to sell a property with a short lease as mortgage companies may be reluctant to lend money on properties of this type. Lease enfranchisement can be a difficult process. We recommend you seek professional help from a solicitor and surveyor with experience in this arena.
Faringdon Conveyancing for Leasehold Flats - Sample of Queries Prior to Purchasing
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Best to be warned if redecorating or some other major work is anticipated that will be shared between the leasehold owners and will materially increase the the maintenance costs or result in a one time payment. The prefered form of lease structure is if the freehold interest is owned by the leaseholders. In this situation the lessees benefit from being in charge if their destiny and although a managing agent is frequently employed if it is larger than a house conversion, the managing agent employed by the leaseholders. How many of the leaseholders are in arrears for their service charge payments?