Car-parking spaces around blocks of flats are often at a premium, so when an owner can offer a property with its own garage or parking space, this can significantly inflate the property's value.
Conveyancing Solicitors in Barnet often find that such parking facilities are not included in the original lease of a flat, but were purchased from developers at a later date. This means that they are then registered with a different legal title from the flat.
Conveyancing Solicitors in Barnet obtain copies of the registers direct from the land registry's website. It is usually only necessary to quote the property address to obtain the relevant title, but if a parking area is registered separately then this may not be immediately apparent.
Since garages do not have their own postal address, unless the register for the flat includes reference to this additional title, it may be necessary to supply a plan to the registry showing the location of the area in question.
Conveyancing Solicitors in Barnet provide an example
Barnet Property Lawyer Gemma Farguson recently took instructions from the seller for the sale of a 99 year leasehold flat located at Kenley Close, Park Road, Barnet EN4. Hobdays of 43 East Barnet Road, Barnet EN4 8RN were handling the sale.
Locating title for the garage
As per usual, Gemma asked her client to confirm what arrangements existed for parking at the property. On being informed that the client owned a separate garage, Gemma checked to see if this was included in the title for the flat which she had already obtained. Seeing that it was not shown on the title plan, she had to make further enquiries and found that it was indeed registered separately.
This situation is quite common and does not normally present any problems. However, cases have arisen where the Conveyancing Solicitors acting for both parties have not been informed about any such parking area, with the result that the additional title was not legally transferred to the buyer.
A copy of the relevant title was obtained and sent to the buyer's Barnet Conveyancers. They were then able to make sure that the transfer deed to their client referred to both property titles, and the sale was completed without any problems.
For fast Conveyancing Solicitors in Barnet phone 0330 660 0286 now for a quote or get a quote online now.