It is a dozen years since I acquired my property in Edgware. Conveyancing lawyers have just been retained on the sale but I can't track down my deeds. Will this cause complications?
Don’t worry too much. Firstly there is a chance that the deeds will be kept by your mortgage company or they could be archived with the lawyers who handled your purchase. Secondly the likelihood is that the title will be registered at the land registry and you will be able to establish that you are the registered owner by your conveyancing solicitors procuring current official copies of the land registers. The vast majority of conveyancing in Edgware relates to registered property but in the rare situation where your home is not registered it is more problematic but is not insurmountable.
Do I need to have a meeting at the offices of the solicitor to execute the mortgage deed? If so, I will choose one who does conveyancing in Edgware so that I can pop in to their offices if required.
Whereas this was necessary 12 years ago, almost all lenders no longer oblige their conveyancing panel solicitor to witness the mortgagors signature. It will still be necessary for you to provide identification documents and there are still manifest advantages to instructing a locally based practitioner, in your situation a conveyancing solicitor in Edgware.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in a fortnight ago in what should have been a quick, chain free conveyancing. Edgware is where the house is located. Can you offer any advice?
Flying freeholds in Edgware are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Edgware you would need to get your solicitor to go through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Edgware may decide 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 premises.
Having had my offer accepted I require leasehold conveyancing in Edgware. Before I get started I would like to find out the unexpired term of the lease.
If the lease is registered - and most are in Edgware - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Having spent years of dialogue we simply can't agree with our landlord on how much the lease extension should cost for our flat in Edgware. Can we issue an application to the Residential Property Tribunal Service?
Most certainly. We can put you in touch with a Edgware conveyancing firm who can help.
An example of a Lease Extension decision for a Edgware flat is Ground Floor Maisonette 17 Milton Road in January 2014. The Tribunal determined the premium payable by the Applicant to the should be £13,299 This case related to 1 flat. The unexpired term as at the valuation date was 71.73 years.
Being a leasehold owner I am on the hook for a maintenance fee for my appartment in Edgware. Due to losing my job and other issues I fell into arrears with remittance. The freeholders agreed a settlement plan but there remains a couple of due to be paid.
I want to sell and I am panicking this can jeopardize the sale if I have to settle the arrears in advance. I'd like to sell up and then pay them back with the completion monies - is this practicable?
The conveyancer dealing with your Edgware sale will hopefully be able to negotiate with the management company, with a new to seeing if they would accept settlement from completion monies. Here is an example of why it is advisable to choose a conveyancing practitioner in Edgware as they may well enjoy an established relationship with the parties.