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Recently asked questions about conveyancing in Newburn

I need some quick conveyancing in Newburn as I am under pressure to complete inside one month. A home loan is not required. Is it possible to decline from having conveyancing searches to save fees and time?

If.Given you are are a mortgage free buyer you have the choice not to have searches conducted although no conveyancer would suggest that you don't. With lots of history conveyancing in Newburn the following are instances of what can arise and adversely impact future mortgageability: Refused Planning Applications, Overdue Fees, Outstanding Grants, Road Schemes,...

I own a 4 bedroom Edwardian property in Newburn. Conveyancing practitioner represented me and Norwich and Peterborough Building Society. I happened to do a free search for it on the Land Registry database and there are a couple of entries: one for freehold, another for leasehold under the exact same property. I'd like to know for sure, how can I find out??

You should review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Newburn and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also question the position with your conveyancing lawyer who conducted the purchase.

I've recently found out that there is a flying freehold issue on a house I put an offer in last month in what was supposed to be a quick, no chain conveyancing. Newburn is where the house is located. What do you suggest?

Flying freeholds in Newburn are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Newburn you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Newburn may determine 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.

How can the Landlord & Tenant Act 1954 affect my commercial premises in Newburn and how can your lawyers assist?

The particular law that you refer to affords a safeguard to business leaseholders, giving them the right to apply to court for a continuation of occupancy when the lease comes to an end. There are certain specified grounds that a landlord can refrain from granting a lease renewal and the rules are complicated. We are happy to direct you to commercial conveyancing firms who use the act to your advantage and handle your commercial conveyancing in Newburn

Back In 2001, I bought a leasehold flat in Newburn. Conveyancing and Platform Home Loans Ltd mortgage went though with no issue. I have received a letter from someone saying they have taken over the reversionary interest in the property. Attached was a demand for arrears of ground rent dating back to 1991. The conveyancing practitioner in Newburn who previously acted has now retired. What should I do?

First contact HMLR to make sure that the individual purporting to own the freehold is indeed the new freeholder. It is not necessary to instruct a Newburn conveyancing lawyer to do this as you can do this on the Land Registry website for less than a fiver. You should note that in any event, even if this is the rightful landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.

Newburn Conveyancing for Leasehold Flats - A selection of Queries before buying

    It is important to be aware if redecorating or some other major work is anticipated to be shared between the leaseholders and could well materially increase the the service fees or result in a specific payment. It would be prudent to discover if there is anything that is prohibited in the lease. For example plenty of leases prohibit pets being allowed in certain buildings in Newburn. If you like the apartmentin Newburn however your cat is not allowed to make the move with you then you have a very hard decision. Please note that where the lease has no more than 80 years it will impact the marketability of the flat. It is worth checking with your mortgage company that they are content with remaining years on the lease. Leases with less than 80 years remaining means that you will almost definitely require a lease extension sooner rather than later and you need to have some idea of what this will be. For most Newburnlease extensions you would be be obliged to have been the owner of the residence for two years in order to be legally able to exercise a lease extension.

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