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Recently asked questions about conveyancing in Cowley

I am purchasing a property mortgage free in Cowley. I have been residing for the previous dozen years in Cowley. Conveyancing searches are expensive. Given that I know the road and vicinity very well must I have all the conveyancing searches?

Provided that you do not need a mortgage, then all but one or two of the Cowley conveyancing searches are optional. Your conveyancer will ’encourage you, no-doubt strongly, that you should have searches completed, but he is duty bound to do this. Do consider; if you are likely to sell the house one day, it will likely be be of importance to your prospective buyer what the searches determine. There are plenty of instances where houses with functional issues can still show up negative search results. A good conveyancing solicitor in Cowley should provide you some sensible advice concerning this.

Will commercial conveyancing searches reveal impending roadworks that may affect a commercial site in Cowley?

Its becoming the norm that commercial conveyancing solicitors in Cowley will carry out a SiteSolutions Highways report as it reduces the time that conveyancers expend in investigating accurate data on highways that impact buildings and development assets in Cowley. The search result sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Cowley.

For every commercial conveyancing transaction in Cowley it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately can result in delays to Cowley commercial conveyancing transactions as well as present a risk to future plans for the site. These searches are not carried out for domestic conveyancing in Cowley.

Just had an offer accepted on a new build flat in Cowley. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.

Set out below is a sample of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Cowley

    Forfeiture - bankruptcy or liquidation must not apply under this provision. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please supply evidence that the form of Lease proposed has been approved by the Land Registry. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Please confirm the Lease plans are architect prepared.

I have been on the look out for a ground for flat up to £235,500 and identified one round the corner in Cowley I like with a park and transport links nearby, however it's only got 49 years on the lease. I can't really find anything else in Cowley suitable, so just wondered if I would be making a grave error purchasing a short lease?

Should you require a mortgage the remaining unexpired lease term will likely be problematic. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for at least twenty four months you can ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this.

My uncle has recommend that I appoint his conveyancing solicitors in Cowley. Should I choose my own solicitor?

There are no two ways about it the best way to select a conveyancing solicitor is to get recommendations from friends or relatives who have actually experience in using the solicitor that you are are thinking of instructing.

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