Why do I have to pay up front for conveyancing in Onslow Village?

If you are buying a property in Onslow Village your lawyer will ask you put them with funds to cover the search fees. This will be the total of the cost of the Local Authority Search. When the down payment is payable against the sale price then this should be needed immediately before contracts are exchanged. The final balance that is needed should be sent to your lawyer shortly before completion.

I have 71 years remaining on my lease and need a lease extension for my apartment in Onslow Village. Conveyancing solicitors on the Accord Mortgages panel can deal with such extensions correct?

Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Accord Mortgages have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 13/12/2024 the requirements read as follows :

I used Stirling Law a few years past for my conveyancing in Onslow Village. Now, I need the documents however the law firm has closed. What do I do?

Do call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Onslow Village of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.

I own a leasehold flat in Onslow Village. Conveyancing and Nationwide Building Society mortgage went though with no issue. I have received a letter from someone claiming to own the reversionary interest in the property. Attached was a demand for arrears of ground rent dating back to 1993. The conveyancing solicitor in Onslow Village who previously acted has now retired. Any advice?

First contact HMLR to make sure that the individual purporting to own the freehold is indeed the new freeholder. It is not necessary to incur the fees of a Onslow Village conveyancing firm to do this as you can do this on the Land Registry website for less than a fiver. Rest assured that regardless, even if this is the legitimate freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.

Onslow Village Leasehold Conveyancing - Sample of Queries Prior to Purchasing

The prefered form of lease structure is if the freehold interest is owned by the leaseholders. In this scenario the leaseholders have being in charge if their destiny and although a managing agent is usually retained where the building is bigger than a house conversion, the managing agent acts for the leaseholders themselves. Who manages the building? Are there any major works on the horizon that could add a premium to the service charges?

Should one as executor remove a deceased person's name from the title deeds for a house in Onslow Village?

Where a Onslow Village property is jointly owned and one of the proprietors dies, the name will not immediately be removed from the title deeds. You are not required to amend the title as in the event of a sale your lawyer would just be asked to evidence as to the reason the other proprietor is not a party to the transfer, such as a grant of probate.

With the aim of making things smoother for the sale of the property you can arrange to have the deceased name removed from the title entries by applying to the land registry with proof of the death. There is no land registry fee payable.