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Recently asked questions about conveyancing in Chatteris

Me and my wife are purchasing our first home. Our solicitor has calledto ask if we want to take out additional conveyancing searches. We are really unsure what's necessary for conveyancing in Chatteris

The scope of Chatteris conveyancing searches should be triggered based entirely on the premises, the location, the probability of any of these risks, your knowledge of the area and risks, your overall appetite to risk. What is important is that you adequately understand what information each search could supply. You may then decide if you personally think you need that search. If in doubt, ask your solicitor to recommend.

I have justbeen informed that Stirling Law have been shut down. They conducted my conveyancing in Chatteris for a purchase of a leasehold apartment 12 months ago. How can I establish that my home is registered correctly in the name of the previous owner?

The easiest method to check if the property is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Chatteris conveyancing specialists.

I am looking for a ground for flat up to £235,500 and found one close by in Chatteris I like with a park and railway links in the vicinity, however it's only got 52 years unexpired on the lease. There is not much else in Chatteris in this price bracket, so just wondered if I would be making a mistake purchasing a short lease?

Should you require a home loan the remaining unexpired lease term will likely be an issue. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for at least twenty four months you can request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this.

In my capacity as executor for the estate of my aunt I am selling a residence in Newport but reside in Chatteris. My solicitor (approximately 300 kilometers awayneeds me to execute a statutory declaration before the transaction finalising. Can you recommend a conveyancing solicitor in Chatteris who can attest this legal document for me?

strictly speaking you are not likely to be required to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or solicitor will do regardless of whether they are based in Chatteris

I've found a house that appears to be perfect, at a great figure which is making it all the more appealing. I have subsequently found out that it's a leasehold as opposed to freehold. I am assuming that there are issues purchasing a leasehold house in Chatteris. Conveyancing advisers have are about to be appointed. Will my lawyers set out the implications of buying a leasehold house in Chatteris ?

The majority of houses in Chatteris are freehold rather than leasehold. In this scenario it’s worth having a local solicitor who is familiar with the area who can help the conveyancing process. It is clear that you are purchasing in Chatteris in which case you should be shopping around for a Chatteris conveyancing practitioner and be sure that they have experience in transacting on leasehold houses. First you will need to check the unexpired lease term. Being a leaseholder you will not be at liberty to do whatever you want to the property. The lease comes with conditions for example obtaining the freeholder’sconsent to carry out alterations. You may also be required to pay a service charge towards the upkeep of the estate where the property is part of an estate. Your lawyer should report to you on the legal implications.

Chatteris Conveyancing for Leasehold Flats - A selection of Questions you should ask before buying

    This question is important as a) areas can cause problems for the building as the common areas may start to deteriorate where maintenance remain unpaid b) if the tenants have an issue with the managing agents you will need to have full disclosure It is important to be aware whether redecorating or some other significant cost is pending to be shared between the tenants and will dramatically increase the the service fees or necessitate a one time invoice.

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