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

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Recently asked questions about conveyancing in Newbury

It is a dozen years since I bought my property in Newbury. Conveyancing lawyers have recently been appointed on the sale but I can't track down my deeds. Will this jeopardise the sale?

Don’t worry too much. First there is a chance that the deeds will be kept by your mortgage company or they could be in the possession of the lawyers who acted in your purchase. Secondly in most cases the title will be registered at the land registry and you will be able to establish that you own the property by your conveyancing solicitors procuring up to date copy of the land registers. Almost all conveyancing in Newbury involves registered property but in the rare situation where your property is not registered it adds to the complexity but is not insurmountable.

We are planning on selling our house in Newbury and the buyers lawyers are claiming that there is a risk of it being constructed land that was not decontaminated. Any local lawyer would know this is not the case. For the life of me I don't know why the purchasers used a factory type conveyancing outfit rather than a conveyancing solicitor in Newbury. Having lived in Newbury for many years we know of no issue. Do we contact our local Authority to seek confirmation that there is no issue.

It would appear that you have a conveyancing lawyer currently acting for you. What do they say? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)

I decided to have a survey completed on a house in Newbury before instructing lawyers. I have been told that there is a flying freehold aspect to the property. The surveyor has said that some mortgage companies may refuse to give a loan on this type of premises.

It depends who your proposed lender is. HSBC has different requirements from Birmingham Midshires. If you e-mail us we can look into this further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Newbury. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Newbury to see if the conveyancing costs will increase in light of this.

I need to appoint a conveyancing solicitor for remortgage conveyancing in Newbury. I have land on a web site which looks to be the ideal offering If it is possible to get all this stuff completed via phone that would be preferable. Should I be concerned? What should out be looking out for?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?

I am in need of some leasehold conveyancing in Newbury. Before I get started I want to be sure as to the remaining lease term.

Assuming the lease is recorded at the land registry - and almost all are in Newbury - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

Newbury Conveyancing for Leasehold Flats - Examples of Questions you should ask before buying

    This question is useful as a) areas may result in problems for the building as the communal areas may start to deteriorate where services remain unpaid b) if the tenants have an issue with the running of the building you will wish to know about it The best form of lease structure is a share of the freehold. In this situation the lessees have control and although a managing agent is frequently retained if it is larger than a house conversion, the managing agent acts for the leaseholders themselves. Is there a share of the freehold?

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