Whether you're a layman looking to understand your own transaction or a lawyer needing assistance with a client's conveyancing our step by step sale and purchase guides will lead you through the process while our mini guides will break the whole thing into manageable chunks and give a deep insight into the key issues and stages. Leasehold, freehold, unregistered, registered – we've got it all covered.
Need help with a remortgage or transfer of equity / deed of gift? Our guides will walk you through the process and highlight some of the common pitfalls. Mortgages and transfers can be very simple procedures but complex issues can sometimes arise and mistakes are easily made. These guides will help you deal with them.
So you want to have a go at your own conveyancing? First you should read about the risks, then if you're still happy to proceed, our guides will take you through each stage of the process telling you what to look out for and helping you avoid falling into expensive traps. Our subscription service will give you access to all of the documents you should need for your conveyancing and we can even supply you with the Land Registry Official Copies you'll need. Our general guides will cover all the obstacles you are likely to face and offer a practical solution. Have a look at our sale and purchase guides too.
A big part of the conveyancing process is the conveyancing searches. This section tells you all about them. What they are, how and when to order them and how to interpret the results. Each search has its own guide and you'll see they are separated into Standard (should be done in every case), Regional (area specific) and Optional (not essential but often useful tools for the would be purchaser). All buyers should beware that when you buy a property, the law assumes that you have seen the information that would have been revealed by searches whether or not you have actually carried them out, so you buy the property subject to the results.
Using a conveyancer to handle your conveyancing will greatly reduce the risk to you and sometimes, particularly if you are taking out a new mortgage, you will have no choice but to instruct a conveyancer. The good news is it doesn't have to break the bank. Get a free, instant quote here. We can also help with quick easy quotes for other moving related services.
Are you looking for the documents you'll need for your conveyancing transaction? Or official copies of the title or other documents from Land Registry. We can help you. Follow the links below.
Hi I am trying to sell my leasehold maisonette, which occupies the first and second floss of a converted house. The ground floor flat is owned by the freeholder with no lease in place. Our buyers solicitor says this arrangement, along with various other problems with the lease will not satisfy the lender. We are happy to meet the costs of surrendouring our lease and having a satisfactory one written, however our freeholders solicitor has said her client does not need a lease and will not meet the cost of one. We really draw the line at paying for their lease as well, would an indemnity policy for their lack of lease solve this issue?
An indemnity policy for a Missing Lease should be fine based on what you have described.
Your conveyancer will be able to sort this out for you otherwise you can email [email protected] for a quote. Make sure your buyer is happy with the proposed solution before you purchase the indemnity.
www.notaryexpress.co.uk
Sorry, by way of amendment to the above answer, I have just re-read your question and it appears the lease was not created and lost, but never created in the first place?
If that's the case, have a careful look at the Missing Lease indemnity because the terms might only cover a lost lease, not never having had a lease in the first place. You may have to produce a lease for the flat. Indeed, it would be the neatest solution to do so and resolve any issues for the landlord and tenant regarding the lease in the future.
www.notaryexpress.co.uk