It is 10 years ago since I purchased my home in Woking. Conveyancing lawyers have now been instructed on the sale but I am unable to find my deeds. Will this jeopardise the sale?

You need not be too concerned. First there is a possibility that the deeds will be retained by your lender or they could be archived with the conveyancers who acted in your purchase. Secondly the chances are 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 obtaining current official copies of the land registers. The vast majority of conveyancing in Woking involves registered property but in the rare situation where your home is not registered it is more of a problem but is resolvable.

I decided to have a survey completed on a house in Woking ahead of appointing solicitors. I have been advised that there is a flying freehold overhang to the property. The surveyor has said that some lenders may refuse to grant a loan on such a home.

It depends who your proposed lender is. Bank of Scotland has different instructions for example to Nationwide. If you call us we can investigate further via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Woking. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Woking to see if the conveyancing costs will increase in light of this.

I am looking into buying my first house which is in Woking and I am already nervous. I couldn't find anything specific about Woking. Conveyancing will be needed in due course but do you know about the Woking area? or perhaps some other tips you can share?

Rather than looking online forget looking online you should go and have a look at Woking. In the meantime here are some basic statistics that we found

I am attracted to a two flats in Woking which have approximately fifty years left on the leases. Should I regard a short lease as a deal breaker?

There are plenty of short leases in Woking. The lease is a right to use the premises for a period of time. As the lease gets shorter the value of the lease decreases and it becomes more expensive to acquire a lease extension. This is why it is often a good idea to extend the lease term. Sometimes it is difficulties arise selling premises with a short lease because mortgage lenders may be reluctant to lend money on such properties. Lease enfranchisement can be a difficult process. We recommend you seek professional assistance from a conveyancer and surveyor with experience in this field.

Leasehold Conveyancing in Woking - A selection of Queries Prior to buying

This information is useful as a) areas could cause problems for the block as the communal areas may begin to deteriorate where maintenance remain unpaid b) if the leaseholders have a dispute with the managing agents you will wish to know about it Does the lease have onerous restrictions? What is the the remaining lease term?

I dont have enough spare money to pay a 10% deposit on my house purchase in Woking , but I still want to go ahead. Do I have options?

You can agree a lower deposit. Many property owners will accept a smaller deposit or even no deposit for a first time buyer or 100% mortgage. Be aware though that if you fail to complete you will still need to hand over a minimum of 10% of the purchase price regardless of how much deposit was agreed.

You can also agree a simultaneous exchange and completion as no deposit is required for this however neither party will be tied in until completion actually takes place and it can be risky if sellers change their mind at the last moment