Yesterday I discovered that there is a flying freehold issue on a property I put an offer in two weeks back in what was supposed to be a straight forward, no chain conveyancing. Sevenoaks is the location of the property. Can you offer any assistance?

Flying freeholds in Sevenoaks are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Sevenoaks you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Sevenoaks may ascertain 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 premises.

What does commercial conveyancing in Sevenoaks cover?

Commercial conveyancing in Sevenoaks incorporates a wide array of guidance, offered by qualified solicitors, relating to business premises. For instance, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.

I am 18 days into a leasehold purchase having been referred to conveyancers by the high street agent to do our conveyancing in Sevenoaks. I am am extremely frustrated with the quality of service. Can you help me find new conveyancers?

A lawyer would need to be very bad in order to consider changing them. Has the mortgage been generated? If so you will need to advise them of the new contact details and have the offer are issued to the new lawyers. The conveyancer needs to be on the banks approved list to avoid escalating costs and delays. That should be your first question of the new lawyers. Our find a solicitor tool should help you find a bank approved lawyer for your home move in Sevenoaks

Back In 2000, I bought a leasehold flat in Sevenoaks. 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. It included a ground rent demand for rent dating back to 1995. The conveyancing solicitor in Sevenoaks who previously acted has now retired. Any advice?

The first thing you should do is make enquiries of the Land Registry to be sure that the individual purporting to own the freehold is in fact the registered owner of the freehold reversion. You do not need to instruct a Sevenoaks conveyancing practitioner to do this as it can be done on-line for £3. Rest assured that in any event, even if this is the rightful freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.

Sevenoaks Conveyancing for Leasehold Flats - Sample of Queries Prior to buying

Is there a share of the freehold? Where a Sevenoaks lease has fewer than 80 years it will affect the value of the flat. Check with your mortgage company that they are happy with residual term of the lease. Leases with less than 80 years remaining means that you will almost definitely have to extend the lease sooner rather than later and it is worth finding out how much this would cost. Remember, in most cases you will need to own the residence for two years before you are entitled to extend the lease. How many years are left on the lease?

We are in the process of selling our flat in Sevenoaks. Conveyancing is fine but we have been asked to pay a fortune from the landlord. To date we have paid £225 for a leasehold management information and then a further £200 plus VAT for supplemental questions raised by the purchaser's property lawyer.

You will not have any say over the extent of the fee for this information however the average costs for the information for Sevenoaks leasehold premises is £395. When it comes to Sevenoaks conveyancing sales it is usual for the owner to cover the charges. The freeholder or their agents are not duty bound to address such questions although many will agree to do so - albeit often at high prices out of proportion to the work involved. Regretfully there is no legislation that requires set charges for administrative tasks. Neither is there any prescriptive time limit by which they are obliged to issue the information.