It is a dozen years since I bought my home in Custom House. Conveyancing lawyers have now been appointed on the sale but I am unable to track down the title documents. Will this jeopardise the sale?
Don’t worry too much. First the deeds may be kept by your lender or they may be in the possession of the lawyers who handled the purchase. Secondly the likelihood is that the property will be registered at the land registry and you will be able to prove you are the registered owner by your conveyancing lawyers obtaining current official copies of the land registers. The vast majority of conveyancing in Custom House involves registered property but in the rare situation where your property is not registered it adds to the complexity but is not insurmountable.
My flat in Custom House is up for sale and I have accepted an offer. Will the conveyancer need to be required to be on the HSBC conveyancing panel in order to deal with paying off my mortgage?
Ordinarily, even if your lawyer is not on the HSBC conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their panel criteria fairly frequently in recent years.
I need some expedited conveyancing in Custom House as I am under a deadline to exchange contracts within 3 weeks. Luckily I do not require a mortgage. Can I escape the need for conveyancing searches to save money and time?
As you are not getting a mortgage you are at free not to do searches although no lawyer would recommend that you don't. Drawing on our experience of conveyancing in Custom House the following are examples of issues that can appear and adversely impact future saleability: Enforcement Notices, Overdue Charges, Overdue Grants, Unadopted Roads,...
I am buying a new build flat in Custom House. Conveyancing is daunting 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 conveyancing.
Here are examples of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Custom House
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The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
I've recently found out that there is a flying freehold element on a property I put an offer in a fortnight ago in what was supposed to be a straight forward, no chain conveyancing. Custom House is the location of the property. Is there any guidance you can give?
Flying freeholds in Custom House are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Custom House 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 Custom House 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 residence.
What does commercial conveyancing in Custom House cover?
Custom House conveyancing for business premises incorporates a broad array of guidance, provided by qualified solicitors, relating to business premises. By way of example, 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.