Despite weeks of looking the Title Certificate and documents to my home are lost. The solicitors who handled the conveyancing in Caversham 10 years ago have long since closed. What are my options?
As long as the title is registered the information relating to your ownership will be documented by HMLR with a Title Number. It is easy to execute a search at the Land Registry, find your property and order up to date copies of the Registered Entries for a small fee. Where the title is Leasehold then the Land Registry will usually retain a certified duplicate of the Registered Lease and again, a copy can be retrieved for £20 inclusive of VAT.
How does conveyancing in Caversham differ for newly converted properties?
Most buyers of new build or newly converted property in Caversham come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the property is finished. This is because new home sellers in Caversham usually purchase the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Caversham or who has acted in the same development.
I decided to have a survey done on a house in Caversham before retaining solicitors. I have been advised that there is a flying freehold element to the property. The surveyor advised that some mortgage companies may not grant a mortgage on a flying freehold home.
It depends who your proposed lender is. Lloyds has different instructions for example to Birmingham Midshires. If you contact us we can investigate further via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Caversham. Conveyancing will be smoother if you use a solicitor in Caversham especially if they are familiar with such properties in Caversham.
I am looking into buying my first house which is in Caversham and I am already nervous. I couldn't find anything specific about Caversham. Conveyancing will be needed in due course but do you know about the Caversham area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Caversham. In the meantime here are some basic statistics that we found
I have just started marketing my ground floor flat in Caversham. Conveyancing lawyers have not yet been instructed, but I have just received a half-yearly maintenance charge invoice – should I leave it to the buyer to sort out?
Your conveyancing lawyer is likely to suggest that you should pay the invoice as normal as all rents and maintenance charges will be apportioned on completion, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
Caversham Conveyancing for Leasehold Flats - A selection of Queries Prior to Purchasing
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How much is the ground rent and service charge? Is the freehold owned collectively by the tenants?