We note that you have a post code search directory listing law firms on the conveyancing panel. Do companies pay you a commission if I instruct them for our own conveyancing in Osterley Park?
We are a listing service only for law firms wishing to communicate if they are on the conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Osterley Park.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Osterley Park?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Osterley Park. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I am looking for a ground for flat up to £195,000 and found one close by in Osterley Park I like with open areas and transport links in the vicinity, the downside is that it's only got 61 remaining years left on the lease. I can't really find anything else in Osterley Park for this price, so just wondered if I would be making a grave error purchasing a lease with such few years left?
If you require a mortgage that many years may be a potential deal breaker. Discount the price by the anticipated lease extension will cost if not already taken into account. If the current proprietor has owned the property for a minimum of 2 years you could request that they commence the lease extension formalities and pass it to you. You can add 90 years to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer concerning this matter.
My partner has urged me to use his conveyancing solicitors in Osterley Park. Do I take his advice?
There are no two ways about it the best way to find a conveyancing lawyer is to seek guidance from friends or relatives who have used the firm you're considering.
Osterley Park Leasehold Conveyancing - Examples of Queries before Purchasing
-
Is the freehold owned collectively by the tenants?
Are any of leasehold owners in dispute over their service charge payments?
This question is important as a) areas can result in problems in the block as the common areas may start to deteriorate if services remain unpaid b) if the leasehold owners have a dispute with the running of the building you will want to have all the details