Our conveyancer has discovered a a legal deficiency with the lease for the flat we are buying in Splott. The other side have suggested title insurance as a workaround. We are content with insurance and will pay for it. Our solicitor has advised that he must check that the lender is happy with this solution. Are we the client or is the mortgage company ?
Even though you have a mortgage offer from the lender does not mean to say that the property will meet their specifications for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook requirements. You and the lender are the client. These conveyancing instructions have to be complied with.
My friend recommended that if I am purchasing in Splott I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is occasionally quoted for as part of the standard Splott conveyancing searches. It is a large report of more than thirty pages, listing and setting out significant information about Splott around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Local Education with maps and statistics, Local Amenities and other useful data about Splott.
Despite weeks of looking the Title Certificate and documents to our house are lost. The conveyancers who dealt with the conveyancing in Splott 4 years ago no longer exist. Will I be able to sell the house?
Nowadays there are copies made of almost everything, and your solicitor will be aware precisely where to look for all the appropriate documentation so you may buy or sell your property without any difficulty. Where copies can’t be located, your conveyancer may be able to put in place insurance or indemnities protecting you against future claims on your premises.
In what way can the Landlord & Tenant Act 1954 impact my business premises in Splott and how can your lawyers assist?
The particular law that you refer to affords protection to commercial lessees, giving them the legal entitlement to make a request to court for a continuation of occupancy at the end of the lease term. There are limited grounds where a landlord can refrain from granting a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing firms who use the act to your advantage and assist with commercial conveyancing in Splott
Can I establish who owns a property in Splott?
Provided the property is registered with the Land Registry, and you have enough information of the location of the property, you will be able to obtain details from the HM Land Registry of the recorded owner for a for less than a fiver.