Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in Dartmouth Park. My lender is Chelsea Building Society
Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 11/12/2018, the requirements read as follows :
Will commercial conveyancing searches reveal planned roadworks that could impact a commercial land in Dartmouth Park?
Its becoming the norm that commercial conveyancing solicitors in Dartmouth Park will conduct a SiteSolutions Highways report as it reduces the time that conveyancers invest in researching accurate data on highways that impact buildings and development assets in Dartmouth Park. The report provides 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 Dartmouth Park.
For every commercial conveyancing transaction in Dartmouth Park it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately could result in delays to Dartmouth Park commercial conveyancing transactions as well as present a risk to future plans for the site. These searches are not conducted for residential conveyancing in Dartmouth Park.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Dartmouth Park. Conveyancing is necessary evil 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 few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Dartmouth Park
Forfeiture - bankruptcy or liquidation must not apply under this provision. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. There must be mutual enforceability of lessee’s covenants.
My step-father has recommend that I instruct his conveyancing solicitors in Dartmouth Park. Should I choose my own solicitor?
There are no two ways about it it’s preferable to select a conveyancing practitioner is to have referrals from friends or family who have experience in using the conveyancer you're considering.
My wife and I purchased a leasehold house in Dartmouth Park. Conveyancing and The Royal Bank of Scotland mortgage are in place. I have received a letter from someone claiming to own the freehold. Attached was a ground rent demand for rent dating back to 1995. The conveyancing solicitor in Dartmouth Park who previously acted has now retired. Do I pay?
First contact the Land Registry to make sure that this person is indeed the new freeholder. You do not need to instruct a Dartmouth Park conveyancing lawyer to do this as it can be done on-line for less than a fiver. Rest assured that in any event, even if this is the rightful freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
My wife and I have hit a brick wall in negotiating a lease extension in Dartmouth Park. Can the Leasehold Valuation Tribunal adjudicate on premiums?
Where there is a absentee freeholder or if there is disagreement about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the LVT to judgment on the sum to be paid.
An example of a Lease Extension matter before the tribunal for a Dartmouth Park residence is Flat 2 27 Mackeson Road in December 2012. The Tribunal assessed the value of the lease extension premium at £35,435 and rounded the figure to £35,500 This case was in relation to 1 flat. The unexpired residue of the current lease was 64.77 years.