I am not in a position to travel far from Chorlton cum Hardy. Is there a reason why all Chorlton cum Hardy lawyers are not on all bank panels?

Even though it may seem unfair for lenders to restrict who can represent them, from the public’s or solicitor’s standpoint, the the contrary view is that mortgage companies are increasingly anxious and feel it crucial to defend themselves from illegal activities. As a result of this concern mortgage companies have consolidated their conveyancing panel to a manageable size.

Will our conveyancer be raising enquiries concerning flooding as part of the conveyancing in Chorlton cum Hardy.

Flooding is a growing risk for solicitors dealing with homes in Chorlton cum Hardy. There are those who purchase a house in Chorlton cum Hardy, completely expectant that at some time, it may be flooded. However, aside from the physical damage, if a house is at risk of flooding, it may be difficult to get a mortgage, suitable building insurance, or sell the property. There are steps that can be taken as part of the conveyancing process to forewarn the purchaser.

Solicitors are not qualified to give advice on flood risk, however there are a various checks that may be initiated by the purchaser or by their conveyancers which will figure out the risks in Chorlton cum Hardy. The conventional set of completed inquiry forms supplied to a purchaser’s conveyancer (where the solicitors are adopting what is known as the Conveyancing Protocol) includes a standard inquiry of the vendor to discover whether the premises has ever been flooded. In the event that the residence has been flooded in past and is not revealed by the seller, then a buyer may commence a compensation claim stemming from an inaccurate response. The purchaser’s solicitors should also commission an enviro search. This should reveal whether there is a recorded flood risk. If so, more detailed investigations will need to be initiated.

Are there restrictive covenants that are commonly picked up as part of conveyancing in Chorlton cum Hardy?

Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Chorlton cum Hardy. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

I am looking for a ground for flat up to £195,000 and identified one near me in Chorlton cum Hardy I like with open areas and station in the vicinity, the downside is that it's only got 61 years unexpired on the lease. There is not much else in Chorlton cum Hardy in this price bracket, so just wondered if I would be making a grave error acquiring a lease with such few years left?

Should you need a mortgage the shortness of the lease will likely be an issue. Discount the offer by the amount the lease extension will cost if it has not already been discounted. If the current owner has owned the premises for a minimum of 2 years you may ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should consult your conveyancing solicitor concerning this matter.

How can the Landlord & Tenant Act 1954 impact my business offices in Chorlton cum Hardy and how can your lawyers assist?

The particular law that you refer to gives security of tenure to commercial tenants, giving them the legal entitlement to apply to court for a continuation of occupancy at the end of the lease term. There are limited grounds where a landlord can refuse a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. Chorlton cum Hardy is one of the hundreds of locations in which our lawyers are located