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Recently asked questions about conveyancing in Knaphill

I completed on my house on 12 September and my personal details are still not on the land registry website. Need I be worried? My conveyancing solicitor in Knaphill said it should be dealt with inside ten days. Are titles in Knaphill particularly slow to register?

As far as conveyancing in Knaphill registration is no quicker or slower than anywhere else in England and Wales. As opposed to being determined by geographic area, timeframes can differ according to who lodges the application, whether it is in order and if the Land registry must send notices to any other parties. At present roughly three quarters of submission are fully addressed in less than three weeks but some can be subject to extensive hold-ups. Registration is effected once the buyer has moved in to the property so an expedited registration is not usually an essential issue yet where there is a degree of urgency associated with the registration then you or your lawyers should speak with the land registry and explain the circumstances.

How does conveyancing in Knaphill differ for new build properties?

Most buyers of new build or newly converted property in Knaphill contact us having been asked by the seller to sign contracts and commit to the purchase even before the premises is completed. This is because house builders in Knaphill tend to 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 conveyancing solicitors 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 Knaphill or who has acted in the same development.

I've recently found out that there is a flying freehold issue on a house I have offered on a fortnight ago in what should have been a quick, no chain conveyancing. Knaphill is where the house is located. What do you suggest?

Flying freeholds in Knaphill are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Knaphill you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Knaphill 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 residence.

I am on look out for some leasehold conveyancing in Knaphill. Before I get started I require certainty as to the unexpired term of the lease.

If the lease is registered - and almost all are in Knaphill - 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.

Knaphill Leasehold Conveyancing - Examples of Questions you should ask Prior to buying

    How much is the ground rent and service charge? You will want to discover as much as you can about the managing agents as they will affect your use and enjoyment of the property. As the owner of a leasehold property you are frequently in the clutches of the managing agents from a financial perspective and when it comes to daily matters like the tidiness of the common parts. Enquire of prospective neighbours if they are happy with them. Finally, be sure you discover the dates that the service charges are due to the managing agents and precisely how they are spending that money. Is there a share of the freehold?

I am purchasing a ground floor flat in Knaphill. Conveyancing solicitor has been waiting for, from the seller, building insurance schedule. This morning I was informed that the vendor needs to send the insurance documents for the flat above also. Why would my conveyancing practitioner need to see the insurance for the flat above? Is it strictly required? We have been waiting for the last 4 weeks…

It is not impossible in leasehold conveyancing in Knaphill to find Conveyancing in Knaphill in a minority of cases reveals that the lease obliges the tenant's to insure their individual flats as opposed to the freeholder insuring the entire building - which is definitely preferable. Do double check with your lawyer but it would appear that your conveyancing practitioner is looking to establish that the whole building is insured. Insuring your flat is no help when it comes to rebuilding after a fire if the other flat cannot be reconstructed due to lack of insurance.

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Find out more about how flying freehold can affect your the value of a property.