My relative suggested that where I am buying in Chalfont St Peter I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is occasionally quoted for as part of the standard Chalfont St Peter conveyancing searches. It is not a small document of about 40 pages, listing and detailing important information about Chalfont St Peter around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Chalfont St Peter Education with maps and statistics, Local Amenities and other useful data concerning Chalfont St Peter.
I opted to have a survey carried out on a property in Chalfont St Peter before retaining solicitors. I have been advised that there is a flying freehold element to the house. The surveyor advised that some mortgage companies tend not issue a mortgage on such a premises.
It depends who your proposed lender is. Santander has different requirements from Halifax. If you e-mail us we can look into this further with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Chalfont St Peter. Conveyancing will be smoother if you use a solicitor in Chalfont St Peter especially if they are acquainted with such properties in Chalfont St Peter.
Should I be wary about estate agents that I am dealing with are suggesting a web based conveyancing firm rather than a local Chalfont St Peter conveyancing firm?
As is the case with lots of professional services, often input from relatives can be most helpful. Nevertheless there are numerous people with a vested interest in a conveyancing matter; estate agents, financial adviser and banks might all suggest conveyancers to appoint. On occasion these lawyers might be known to one of the organisations as being good in their field, but occasionally there is an underlying commercial relationship behind the endorsement. You are free to select your preferred conveyancer. You need to be aware that the majority of lenders specify a panel list of lawyers you have to use for the mortgage aspect of your home move.
I am a negotiator for a busy estate agency in Chalfont St Peter where we have witnessed a few flat sales put at risk due to leases having less than 80 years remaining. I have received conflicting advice from local Chalfont St Peter conveyancing firms. Please can you confirm whether the seller of a flat can initiate the lease extension formalities for the buyer?
Provided that the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the proposed purchaser need not have to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed before, or at the same time as completion of the sale.
An alternative approach is to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
I have tried to negotiate informally with with my landlord to extend my lease without success. Can the Leasehold Valuation Tribunal adjudicate on such issues? Can you recommend a Chalfont St Peter conveyancing firm to assist?
in cases where there is a absentee landlord or if there is dispute about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the First-tier Tribunal (Property Chamber) to judgment on the price payable.
An example of a Lease Extension decision for a Chalfont St Peter residence is Flats 8, 11 and 15 Craigmore Court 46 Murray Road in December 2013. The tribunal held that the price payable by the Applicant tenant of Flat 8 to acquire an extended lease shall be £26,438 plus £1 to the intermediate lessee . The tribunal held that the price payable by the Applicant tenants of Flat 11 to acquire an extended lease shall be £26,791 plus £1 to the intermediate lessee. The tribunal held that the price payable by the Applicant tenant of Flat 15 to acquire an extended lease shall be £26,638 plus £1 to the intermediate lessee . This case related to 3 flats. The remaining number of years on the lease was 71 years.
My fiance and I are searching for an affordable conveyancing lawyer in Chalfont St Peter to buy a apartment. I am aware of the chance of getting ripped off and there are plenty Chalfont St Peter conveyancing practices out there...how do I know which one is best to appoint?
The first thing to do when choosing a Chalfont St Peter property lawyer is seek recommendations from friends or other professionals that you trust. Almost everyone has used a conveyancing lawyer previously. Do utilise our tool to compare Chalfont St Peter conveyancing quotes