Is there a reason why leasehold purchase conveyancing in Sandhurst is more expensive?

The conveyancing costs on a leasehold property in Sandhurst is inevitably higher when contrasted to a freehold residence. This is because there is an amount of extra investigations necessary in corresponding with the freeholder and managing agents to obtain evidence concerning whether the rent and maintenance charges have been cleared and whether there are any major works due in the near future on repairs or maintenance of the building.

I am selling our house in Sandhurst and the buyers lawyers are claiming that there is a possibility that the property was built land that was not decontaminated. A high street Sandhurst conveyancer would know this is not the case. It does beg the question why the buyers instructed a factory type conveyancing practice as opposed to a conveyancing solicitor in Sandhurst. We have lived in Sandhurst for three years we know of no issue. Is it a good idea to get in touch with our local Authority to get confirmation that there is no issue.

It would appear that you have a conveyancing solicitor already. Are they able to advise? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)

Despite weeks of looking the Title Certificate and documents to our home can not be found. The solicitors who dealt with the conveyancing in Sandhurst 5 years ago are no longer around. What are my options?

Assuming you have a registered title the details of your ownership will be documented by the Land Registry with a Title Number. It is possible to carry out a search at the Land Registry, find your property and secure current copies of the Registered Entries for a small fee. Where the property is Leasehold then the Land Registry will also normally hold a certified duplicate of the Registered Lease and again, a copy can be retrieved for £20 inclusive of VAT.

I am using a search engine for the words on line conveyancing in Sandhurst it reveals many property lawyerslocally. With so much choice what is the best way to find the right property lawyer for purchase transaction?

The ideal way of choosing a suitable conveyancer is via personal referral, so enquire of colleagues and family who have bought a property in Sandhurst or a reputable estate agent or financial adviser. Fees for conveyancing in Sandhurst differ, so it's a good idea to request a minimum of four costs illustrations from varying types of property lawyers. Be sure to obtain confirmation that the costs are guaranteed not to escalate.

Back In 2000, I bought a leasehold flat in Sandhurst. Conveyancing and Leeds Building Society mortgage went though with no issue. I have received a letter from someone claiming to own the reversionary interest in the property. Attached was a ground rent demand for rent dating back to 1998. The conveyancing practitioner in Sandhurst who acted for me is not around. Any advice?

First contact HMLR to make sure that this person is indeed the new freeholder. There is no need to incur the fees of a Sandhurst conveyancing practitioner to do this as it can be done on-line for less than a fiver. You should note that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.

Leasehold Conveyancing in Sandhurst - Sample of Queries before buying

You should be aware if it is fewer than eighty years it will have adverse implications on the salability of the apartment. It is worth checking with your mortgage company that they are willing to to proceed given the lease term. Leases with fewer than 80 years remaining means that you will probably need a lease extension at some point and you need to have some idea of what this would cost. For most Sandhurstlease extensions you will need to own the residence for a couple of years in order to be eligible to extend the lease. Is anyone aware of any major works in the near future that could add a premium to the maintenance fees? Its a good idea to find out as much as possible concerning the company managing the building as they will either make your life much easier or uncomfortable. As the proprietor of a leasehold property you will be at the mercy of the managing agents both financially and when it comes to practical matters such as the upkeep of the common parts. You should not be shy to ask other people whether they are happy with their management. In conclusion, be sure you understand the dates that the service charges are due to the appropriate party and precisely what you get for your money.