Can the conveyancing lawyers identified via your search tool execute conveyancing in Portland by way of an attended exchange?
We do have a number of conveyancing specialists carrying out one day exchanges. Please e-mail us to receive a costs illustration and details as to dates.
Is it necessary to pay for insurance to protect me from financial exposure to chancel repairs when purchasing a residence in Portland?
Unless a prior acquisition of the house completed after 12 October 2013 you may take it that lawyers handling conveyancing in Portland to continue to propose a a chancel search and or chancel repair liability policy.
The deeds to my home are lost. The conveyancers who conducted the conveyancing in Portland 4 years ago have long since closed. What do I do?
These day there are copies made of almost everything, and your lawyer will know precisely where to find all the suitable paperwork so you may purchase or sell your house without a hitch. If copies are not available, your conveyancer can put in place insurance or indemnities against future claims on the property.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Portland. Conveyancing is necessary evil 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 are examples of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Portland
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There must be mutual enforceability of lessee’s covenants. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. 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. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
Back In 2005, I bought a leasehold house in Portland. Conveyancing and Barclays mortgage went though with no issue. I have received a letter from someone claiming to own the freehold. It included a ground rent demand for rent dating back to 1993. The conveyancing solicitor in Portland who previously acted has long since retired. Any advice?
The first thing you should do is contact the Land Registry to be sure that the individual claiming to own the freehold is in fact the new freeholder. There is no need to instruct a Portland conveyancing solicitor to do this as you can do this on the Land Registry website for £3. Rest assured that in any event, even if this is the legitimate freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Portland Conveyancing for Leasehold Flats - A selection of Queries Prior to Purchasing
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How is the lease structured? It would be prudent to find out as much as possible concerning the company managing the block as they can either make living at the property much simpler or a lot more difficult. Being a leasehold owner you will be at the mercy of the managing agents both financially and when it comes to daily matters like the upkeep of the common parts. Ask other tenants what they think of them. Finally, investigate as to the dates that you are obliged pay the service charge to the managing agents and precisely what you get for your money. In the main the cost for major works tend not to be built into the maintenance charges, although a few managing agents in Portland ask leaseholders to contribute towards a reserve fund and this is used to offset against larger works.