We hope to to purchase with Melton Mowbray Building Society. I went into 3 or 4 high street firms but am struggling to find a Englefield Green conveyancing firm on the Melton Mowbray Building Society panel. Please you assist?
You should take advantage of the search tool on this page. Pick the building society and type Englefield Green or your preferred area and you will be presented with a number of lawyer located in Englefield Green or by proximity to you.
Are there restrictive covenants that are commonly identified as part of conveyancing in Englefield Green?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Englefield Green. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I have been on the look out for a flat up to £235,500 and identified one round the corner in Englefield Green I like with amenity areas and railway links in the vicinity, however it only has 61 remaining years left on the lease. There is not much else in Englefield Green suitable, so just wondered if I would be making a mistake buying a short lease?
If you need a mortgage the shortness of the lease may be an issue. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the current proprietor has owned the premises for at least 2 years you may ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer regarding this matter.
Am I better off to instruct a Englefield Green conveyancing practitioner based in the vicinity that I am purchasing? An old friend can execute the legal formalities but her office is over three hundred miles drive away.
The primary upside of using a high street Englefield Green conveyancing practice is that you can drop in to execute paperwork, deliver your identification documents and pester them where appropriate. They will also have local knowledge which is a plus. However nothing is more important than finding someone that will do a good and efficient job. If other friends have instructed your friend and the majority were happy that should trump using an unfamiliar Englefield Green conveyancing lawyer just because they are Englefield Green based.
I am employed by a reputable estate agency in Englefield Green where we have experienced a number of flat sales derailed due to leases having less than 80 years remaining. I have received conflicting advice from local Englefield Green conveyancing firms. Could you confirm whether the seller of a flat can instigate the lease extension process for the purchaser on completion of the sale?
Provided that the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the buyer can avoid having to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or at the same time as completion of the disposal of the property.
Alternatively, it may be possible to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
Englefield Green Conveyancing for Leasehold Flats - Examples of Questions you should ask Prior to Purchasing
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What restrictions exist in the Englefield Green Lease? Are any of leasehold owners in dispute over their service charge payments? It would be sensible to discover if there are any onerous restrictions in the lease. For instance it is fairly common in Englefield Green leases that pets are not allowed in in a block in Englefield Green. If you love the flatin Englefield Green yet your dog can’t make the move with you then you will be faced difficult determination.