I understand that there are debates on Chancel Insurance on online forums. Am I compelled to have this when acquiring a house in Dorchester On Thames? or I am told that there is an ancient law that means some owners of property residing in a parish church boundary will be compelled to pay for repairs to the chancel within the church. Is this appropriate for conveyancing in Dorchester On Thames?

Unless a prior acquisition of the property completed post 12 October 2013 you may assume that conveyancing practitioners conducting conveyancing in Dorchester On Thames to continue to suggest a chancel search and or insurance against a claim.

The deeds to my house can not be found. The solicitors who dealt with the conveyancing in Dorchester On Thames 10 years ago no longer exist. Will I be able to sell the house?

In today’s world there are duplicates made of almost everything, and your solicitor should know precisely where to find all the relevant paperwork so you can purchase or sell your house without any difficulty. If duplicates are not available, your conveyancer can put in place insurance or indemnities against possible claims on your property.

How does conveyancing in Dorchester On Thames differ for new build properties?

Most buyers of new build or newly converted property in Dorchester On Thames contact us having been asked by the seller to exchange contracts and commit to the purchase even before the premises is built. This is because developers in Dorchester On Thames usually purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Dorchester On Thames or who has acted in the same development.

I am looking for a flat up to £195,000 and identified one close by in Dorchester On Thames I like with a park and railway links nearby, however it's only got 61 years unexpired on the lease. There is not much else in Dorchester On Thames in this price bracket, so just wondered if I would be making a mistake acquiring a lease with such few years left?

Should you require a home loan the remaining unexpired lease term will likely be a potential deal breaker. Reduce the price by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the property for at least twenty four months you can request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should consult your conveyancing solicitor regarding this.

Do you have any advice for leasehold conveyancing in Dorchester On Thames with the aim of saving time on the sale process?

• A significant proportion of the delay in leasehold conveyancing in Dorchester On Thames can be avoided where you get in touch lawyers the minute you market your property and request that they start to collate the leasehold information which will be required by the purchasers’ lawyers.
If there is a history of any disputes with your landlord or managing agents it is very important that these are resolved before the property is put on the market. The buyers and their solicitors will be reluctant to purchase a property where there is a current dispute. You may need to swallow your pride and discharge any arrears of service charge or settle the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled prior to the contract papers being issued to the buyers’ solicitors. You will still have to reveal details of the dispute to the buyers, but it is better to present the dispute as historic rather than unsettled. Some Dorchester On Thames leases require Landlord’s consent to the sale and approval of the buyers. If this is the case, it would be prudent to notify your estate agents to make sure that the purchasers obtain financial (bank) and professional references. Any bank reference will need to confirm that the buyers are able to meet the yearly service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the service charge figures so that they can pass this information on to the purchasers or their solicitors. You may think that you are aware of the number of years left on your lease but it would be wise to verify this via your lawyers. A purchaser's lawyer will not be happy to advise their client to where the remaining number of years is under 80 years. It is therefore essential at an early stage that you identify whether the lease requires a lease extension. If it does, contact your solicitors before you put your premises on the market for sale.

Leasehold Conveyancing in Dorchester On Thames - Examples of Questions you should ask before buying

Is the freehold owned jointly by the tenants? How many of the leaseholders are in arrears for their service charge payments?