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Recently asked questions about conveyancing in Chalfont St Peter

Last October we completed a house move in Chalfont St Peter. We have since encountered a number of issues with the property which we consider were missed in the conveyancing searches. Is there anything we can do? What searches should? have been conducted as part of conveyancing in Chalfont St Peter?

It is not clear from the question as to the nature of the problems and if they are specific to conveyancing in Chalfont St Peter. Conveyancing searches and due diligence undertaken during the buying process are supposed to help avoid problems. As part of the process, the vendor fills in a questionnaire referred to as a SPIF. If the information provided is misleading, then you may have a claim against the vendor for any losses that you have suffered. The survey should have identified any problems with the structure of the property. Assuming a detailed survey was carried out and the issues were not identified, you may have a claim against the surveyor. However, if you did not have a full survey, you may be responsible for fixing any defects that have now been noted. We would always encourage buyers to take every possible step to ensure they are completely aware of the condition of a property before purchase regardless of whether they are buying in Chalfont St Peter.

Will commercial conveyancing searches reveal planned roadworks that could impact a commercial property in Chalfont St Peter?

Its becoming the norm that commercial conveyancing solicitors in Chalfont St Peter will carry out a SiteSolutions Highways report as it dramatically cuts the time that conveyancers spend in investigating accurate data on highways that impact buildings and development assets in Chalfont St Peter. 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 Chalfont St Peter.

For every commercial conveyancing transaction in Chalfont St Peter it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately could cause delays to Chalfont St Peter commercial conveyancing transactions as well as pose a risk to future plans for the site. These searches are not conducted for domestic conveyancing in Chalfont St Peter.

How can the Landlord & Tenant Act 1954 impact my commercial property in Chalfont St Peter and how can you help?

The 1954 Act gives a safeguard to business leaseholders, granting the right to apply to court for a continuation of occupancy when the lease comes to an end. There are certain specified grounds that a landlord can refrain from granting a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing firms who use the act to your advantage and assist with commercial conveyancing in Chalfont St Peter

I today plan to offer on a house that appears to meet my requirements, at a great price which is making it more attractive. I have subsequently discovered that it's a leasehold as opposed to freehold. I would have thought that there are issues purchasing a leasehold house in Chalfont St Peter. Conveyancing advisers have are soon to be instructed. Will my lawyers set out the implications of buying a leasehold house in Chalfont St Peter ?

The majority of houses in Chalfont St Peter are freehold and not leasehold. This is one of the situations where having a local solicitor used to dealing with such properties who can help the conveyancing process. it is apparent that you are purchasing in Chalfont St Peter so you should seriously consider looking for a Chalfont St Peter conveyancing solicitor and be sure that they have experience in advising on leasehold houses. As a matter of priority you will need to check the number of years remaining. As a lessee you will not be at liberty to do whatever you want to the property. The lease will likely included provisions such as obtaining the freeholder’sconsent to conduct changes to the property. It may be necessary to pay a service charge towards the maintenance of the estate where the house is located on an estate. Your lawyer will appraise you on the various issues.

Notwithstanding our best endeavours, we have been unsuccessful in trying to purchase the freehold in Chalfont St Peter. Can the Leasehold Valuation Tribunal adjudicate on premiums?

Most certainly. We are happy to put you in touch with a Chalfont St Peter conveyancing firm who can help.

An example of a Lease Extension case for a Chalfont St Peter premises 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 affected 3 flats. The remaining number of years on the lease was 71 years.

My conveyancer in Chalfont St Peter has requested from me identification documents stating that this is part of his retainer as a solicitor on the mortgage company Solicitor panel. Can this be correct?

Due to Money Laundering Regulations your conveyancing lawyer is duty bound to confirm positively your identification when entering into a business relationship with you. It is a criminal offence if your lawyer not do this. If you do not provide ID early in the transaction the solicitor must refuse to act for you. It’s unlikely a lawyer will turn you away if you come to the first meeting without relevant ID but you will have to produce it at some point so you might as well bring it with you to the initial meeting so the lawyer can tick the ID verification box and start sorting out the conveyancing straight away. If you are getting a mortgage, your lawyer also has to check ID documents to satisfy the lender. This is not unique to conveyancing in Chalfont St Peter

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Find out more about how flying freehold can affect your the value of a property.