Can you help? My Barnes lawyer is advising me that he has toorder Barnes conveyancing searches becausethe firm are on the HSBCapproved lawyer panel. Is my conveyancer correct?
You have limited options available to you. Given that you are taking out a loan with a mortgage company your solicitor has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your conveyancing practitioner would have previously signed the Terms and Conditions of your bank’s conveyancing panel appointment which obliges them to follow the Council of Mortgage Lenders’ Handbook conditions . Even if you were a cash buyer you would be ill advised not to carry out Barnes conveyancing searches.
Our lender has recommended a law firm on their panel based in Barnes but I would rather use a conveyancing lawyer in Barnes or nearer to where I live. Are you able to assist?
Far from all Barnes conveyancing practices are on all banks conveyancing panel. Please make use of our search tool to identify a Barnes conveyancing conveyancer on the on the mortgage company panel.
Will commercial conveyancing searches reveal planned roadworks that may affect a commercial site in Barnes?
Many commercial conveyancing solicitors in Barnes will perform a SiteSolutions Highways report as it reduces the time that conveyancers spend in investigating accurate data on highways that impact buildings and development assets in Barnes. 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 Barnes.
For each commercial conveyancing transaction in Barnes it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately may cause delays to Barnes commercial conveyancing transactions as well as pose a risk to future plans for the site. These searches are not conducted for domestic conveyancing in Barnes.
In what way can the Landlord & Tenant Act 1954 affect my business property in Barnes and how can your lawyers assist?
The 1954 Act affords a safeguard to commercial tenants, giving them the a statutory right to apply to court for a continuation of occupancy when the lease reaches an end. There are certain specified grounds where a landlord can refrain from granting a lease renewal and the rules are involved. Fees are different for commercial conveyancing. Barnes is one of the numerous locations in which the firms we work with are located
I am tempted by the attractive purchase price for a couple of maisonettes in Barnes which have approximately fifty years left on the lease term. Do I need to be concerned?
There are plenty of short leases in Barnes. The lease is a right to use the premises for a period of time. As the lease shortens the saleability of the lease reduces and results in it becoming more costly to acquire a lease extension. For this reason it is often a good idea to increase the term of the lease. It is often difficult to sell a property with a short lease as mortgage companies may be unwilling to lend money on properties of this type. Lease extension can be a protracted process. We recommend you get professional help from a conveyancer and surveyor with experience in this area.
I own a first flat in Barnes. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal make a decision on the amount payable for the purchase of the freehold?
You certainly can. We are happy to put you in touch with a Barnes conveyancing firm who can help.
An example of a Freehold Enfranchisement decision for a Barnes premises is 25 Petley Road in February 2010. The Tribunal determined that the price payable for the freehold of the subject premises should be £18,760. This case was in relation to 2 flats. The unexpired residue of the current lease was 156.6 years and 66.6 years.