Purchase of freehold at undervalue in Staines

Our conveyancing Staines team, in July 2008,  were instructed to act on the purchase conveyancing for a freehold, for a home valued at around £280, 000. 00.  The home was located at Staines, Middlesex.  The local authority for this residence was Spelthorne Council.

Within the same day of receiving sale documentation, additional conveyancing enquiries were served.

The Land Registry Office copies that were supplied, revealed that the registered proprietors had owned the property for less than five years and as such there was a danger that the transfer of the property to the seller could be set aside if it was established that the property within that five year period was a Transfer at Undervalue.

A right of way was revealed in the Office Copies, supplied by the Land Registry.  Our conveyancing lawyer ensured that the right of way would be used without interruption and without causing a nuisance to the registered proprietors.

This property was sold under a Enduring Power of Attorney and in the circumstances - it was important to ensure that all legal documentation relating to the Enduring Power of Attorney were in order.  This was so that the Land Registry formalities could progress without difficulty.

The Land Registry documentation revealed that the property was subject to restrictions/rights/covenants as set out in a transfer dated 28/12/1933.  It was important that we checked with the registered proprietors conveyancing solicitor, that these restrictions had been fully complied with.

Alyson Stevenson was the property lawyer in charge of conveyancing in Staines, Surrey.

The estate agent was Regents and the seller's conveyancing solicitor Staines was Shoosmiths.