Purchase of leasehold residential property : Wriotsley Way, Addlestone, Surrey, KT15 -

In December 2007 Fridaysmove conveyancing Addlestone team acted on the purchase conveyancing for a 99 year leasehold for a residential property valued at around £219, 950. 00 located at Wriotsley Way, Addlestone, Surrey, KT15.

The local authority for this property is Runnymede Council - www.runnymede.gov.uk/. We managed to considerably better the national average (90 days) in concluding this transaction within 64 days of receiving the sale contract from the sellers conveyancing solicitor/licensed conveyancer. A risk of natural subsidence was uncovered - further details can be viewed in the environmental searches. The local authority search revealed that Wriotsley Way was an unadopted road in this area. This was of concern to the buyer and their mortgage lender. Further investigations need to be made and with the sellers as to ownership of the road and practical arrangements in terms of maintenance and upkeep.

The conveyancing searches revealed that the property was at risk of natural flooding (as shown on area environmental searches). We needed to check with the sellers whether or not the property had ever suffered from flooding as well as make sure that the insurance would be available to cover the risk of flooding. A risk of natural subsidence was uncovered - further details can be viewed in the environmental searches. A right of way was revealed in the Office Copies supplied by the Land Registry. Our conveyancing lawyer ensured that the right of way was used without interruption and without causing a nuisance to the sellers. The Land Registry documentation revealed that the property was subject to restrictions/rights/covenants as set out in a deed dated 29/04/1998. It was important that we check with the sellers conveyancing solicitor/licensed conveyancer that the aforementioned restrictions/covenants etc. had been fully complied with. The Seller's Property Information Form (SPIF) revealed a dispute relating to Any further problems with neighbour 2. 3. Disputes are a significant concern if revealed in a conveyancing transaction and we needed to satisfy ourselves that the dispute was historic and no longer affected the property.

Sayrha Elahi was the property lawyer in charge of conveyancing in Addlestone, Surrey, South East England. The estate agent's memo of sale detailing the sellers conveyancing solicitor/licensed conveyancer was obtained shortly before receiving the sale contract.

The estate agent was the Townends branch covering Addlestone. We managed to considerably better the national average (90 days) in The seller's conveyancing solicitor Addlestone was Fridaysmove Limited - DX 37900 Kings Cross. Surrey.