The deeds to our property can not be found. The conveyancers who handled the conveyancing in Corsham 10 years ago no longer exist. Will I be able to sell the house?
Nowadays there are copies made of almost everything, and your lawyer should know exactly where to locate all the relevant documentation so you can buy or dispose of your property without any difficulty. Where duplicates are not available, your solicitor may be able to put in place insurance or indemnities protecting you against possible claims on your premises.
I've recently found out that there is a flying freehold issue on a property I have offered on two weeks back in what was supposed to be a straight forward, chain free conveyancing. Corsham is the location of the property. What do you suggest?
Flying freeholds in Corsham are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Corsham you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Corsham may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
I'm refinancing my current property to a BTL mortgage with TSB and I will use the ballance of the raised equity as a deposit on a second house. The neighborhood we are interested in is Corsham. Will your conveyancers be able to act for the two banks and tie in the transactions?
Do use our comparison tool on this page to check that the lawyers are approved by both mortgage companies. Assuming that they are the solicitor will be able to simultaneously deal with the two transactions but you should talk with you lawyer and make apparent your expectations and requirements.
Is it best to appoint a Corsham conveyancing practitioner in close proximity to the house I am hoping to buy? An old friend can perform the legal formalities however they are based a couple of hundredkilometers away.
The benefit of a high street Corsham conveyancing practice is that you can drop in to execute paperwork, present your identification documents and apply pressure on them where appropriate. They will also have local intelligence which is a bonus. That being said nothing is more important than finding someone that will pull out all the stops for you. If other friends have used your friend and on the whole were content that should surpass using an unknown Corsham conveyancing solicitor solely due to them being Corsham based.
I only have Seventy years remaining on my lease in Corsham. I now wish to extend my lease but my landlord is can not be found. What are my options?
If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for an order to dispense with the service of the initial notice. This will mean that your lease can be lengthened by the magistrate. However, you will be required to prove that you or your lawyers have done all that could be expected to locate the landlord. In some cases an enquiry agent should be helpful to try and locate and to produce an expert document to be accepted by the court as proof that the freeholder can not be located. It is wise to seek advice from a solicitor in relation to devolving into the landlord’s disappearance and the vesting order request to the County Court covering Corsham.
Corsham Conveyancing for Leasehold Flats - Examples of Questions you should ask before buying
-
Is anyone aware of any major works on the horizon that will likely add a premium to the service charges? Who takes charge for maintaining and repairing the block? On the whole the cost for major works are not wrapped into the maintenance charges, albeit that a few managing agents in Corsham ask leaseholders to pay into a reserve fund and this is used to offset against larger repairs or maintenance.