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Recently asked questions about conveyancing in Abbeymeads

It is 10 years ago since I acquired my property in Abbeymeads. Conveyancing solicitors have now been retained on the sale but I can't find the title deeds. Will this cause complications?

Don’t worry too much. First there is a possibility that the deeds will be retained by your lender or they could stored with the solicitor who acted in your purchase. Secondly the chances are that the property will be recorded at the land registry and you will be able to prove you are the registered owner by your conveyancing lawyers acquiring current official copies of the land registers. Nearly all conveyancing in Abbeymeads involves registered property but in the rare situation where your home is not registered it is more problematic but is not insurmountable.

Should my lawyer be raising enquiries regarding flooding during the conveyancing in Abbeymeads.

The risk of flooding is if increasing concern for solicitors dealing with homes in Abbeymeads. Some people will acquire a house in Abbeymeads, completely expectant that at some time, it may suffer from flooding. However, leaving to one side the physical destruction, if a property is at risk of flooding, it may be difficult to obtain a mortgage, satisfactory insurance cover, or sell the premises. Steps can be carried out during the course of a house purchase to forewarn the purchaser.

Conveyancers are not qualified to give advice on flood risk, but there are a number of checks that can be initiated by the purchaser or by their solicitors which will figure out the risks in Abbeymeads. The conventional set of property information forms supplied to a buyer’s lawyer (where the Conveyancing Protocol is adopted) includes a usual inquiry of the vendor to determine whether the premises has historically flooded. In the event that the premises has been flooded in past and is not disclosed by the vendor, then a buyer could issue a compensation claim resulting from an incorrect reply. The purchaser’s conveyancers may also commission an enviro search. This should reveal whether there is any known flood risk. If so, additional inquiries should be made.

About to purchase a new build flat in Abbeymeads. Conveyancing is daunting 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 legal work.

Here are examples of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Abbeymeads

    Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Forfeiture - bankruptcy or liquidation must not apply under this provision. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?

Given that I will soon part with £400,000 on a property in Abbeymeads I would like to have a conversation with the solicitor concerning theconveyancing prior to giving the go ahead to the firm. Is this something that you can arrange?

Absolutely - it is our preference to talk to you we do not take any clients on without you speaking to the lawyer who will be carrying out your property ownership legalities in Abbeymeads.There is no ‘factory style conveyancing’ - each client is unique individual, not a matter reference. The practices that we put you in touch with believe that the figure you are provided with for your conveyancing in Abbeymeads should be the amount on the final invoice that you end up paying.

I own a leasehold house in Abbeymeads. Conveyancing and Platform Home Loans Ltd mortgage organised. I have received a letter from someone saying they have taken over the freehold. Attached was a ground rent demand for rent dating back to 1994. The conveyancing practitioner in Abbeymeads who acted for me is not around. Do I pay?

First make enquiries of HMLR to make sure that the individual purporting to own the freehold is indeed the new freeholder. There is no need to instruct a Abbeymeads conveyancing firm to do this as it can be done on-line for £3. Rest assured that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.

Abbeymeads Conveyancing for Leasehold Flats - Sample of Queries before Purchasing

    It would be a good idea to discover if there are any onerous prohibitions in the lease. For example plenty of leases prohibit pets being allowed in certain buildings in Abbeymeads. If you love the apartmentin Abbeymeads yet your dog can’t live with you then you will be faced difficult choice. You should want to discover as much as you can concerning the company managing the block as they will impact your use and enjoyment of the property. As the owner of a leasehold property you are frequently in the clutches of the managing agents both financially and when it comes to practical matters such as the upkeep of the common parts. Ask prospective neighbours whether they are happy with them. Finally, find out the dates that you are obliged pay the service charge to the relevant party and specifically what you get for your money.

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