In February 2008, our Fridaysmove conveyancing Hove team were instructed to handle the purchase conveyancing for a 125 year leasehold, for a home valued at around £302, 250. 00. This home was located at Holland Road, Hove, East Sussex. The local authority being Brighton And Hove Borough Council.
As this property was in a conservation area, conveyancers needed to take extra precautions in case any alteration had been made.
The handling conveyancer also discovered that there were planning permissions affecting this residence.
The Land Registry Office copies that were supplied, revealed that the registered owners 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.
The Land Registry documentation revealed that the property was subject to restrictions as set out in a transfer dated 3rd December 1993.
It was important that we checked with the registered owners conveyancing lawyer that these restrictions had been fully complied with.
Joanne Yamat was the property lawyer in charge of conveyancing in Brighton and Hove.
The estate agent's sales memorandum detailing the registered owners conveyancing lawyer, was obtained shortly before receiving the draft contract documentation. The estate agent was Elliots (branch covering Brighton and Hove).
The seller's conveyancing solicitor in Brighton and Hove was Gaby Hardwicke Solicitors.