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Ready to buy a new home in Osidge? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Osidge home move at risk of delay or failure.

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Recently asked questions about conveyancing in Osidge

I require conveyancing for a flat in a fairly new development (five years built) in Osidge. 95% of the properties are already disposed of. Is it really necessary to order neighbourhood searches for my conveyancing in Osidge?

A big part of the Osidge conveyancing process is the conveyancing searches. There are numerous search providers delivering Osidge conveyancing searches, as well direct from the local authority. These are usually referred to as personal search organisation and they produce, not surprisingly, personal searches. Nevertheless, all Local Authority Search conveyancing products have one thing in common - they must obtain their information from the local authoritative source.

Just had an offer accepted on a new build flat in Osidge. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.

Here are examples of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Osidge

    Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?

Yesterday I discovered that there is a flying freehold element on a house I put an offer in last month in what was supposed to be a simple, no chain conveyancing. Osidge is the location of the property. Is there any advice you can give?

Flying freeholds in Osidge are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Osidge 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 Osidge 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.

My husband and I are FTB’s - agreed a price, yet the estate agent advised that the seller will only go ahead if we instruct their chosen conveyancers as they want an ‘expedited deal’. My instinct tells me that we should use a high street conveyancer who is familiar with conveyancing in Osidge

We suspect that the owner is unaware of this request. Should the owner want ‘a quick sale', turning down a serious buyer is is going to put the whole deal at risk. Speak to the owners direct and explain that (a)you are keen to buy (b)you are ready to go, with finances arranged © you do not need to sell (d) you wish to move quickly (e)but you are going to instruct your preferred Osidge conveyancing solicitors - not the ones that will earn their estate agent a commission or meet his conveyancing figures demanded by corporate headquarters.

My conveyancing in Osidge is set to complete this Friday, however the owners I am buying off wants to move out the next day at midday. Do I accept such a idea?

In situations where you require a mortgage then your conveyancer will demand that you have vacant possession on Friday - the lending institution will insist on it.

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Neighbouring Locations

Chase Side
East Barnet
Osidge
Brunswick Park

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