Will commercial conveyancing searches reveal proposed roadworks that could impact a commercial land in Emersons Green?

Many commercial conveyancing solicitors in Emersons Green will execute a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in investigating accurate data on highways that impact buildings and development assets in Emersons Green. The report sets out definitive information 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 Emersons Green.

For every commercial conveyancing transaction in Emersons Green it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately can cause delays to Emersons Green commercial conveyancing transactions as well as present a risk to future plans for the site. These searches are not ordered for residential conveyancing in Emersons Green.

It has been 3 months following my purchase conveyancing in Emersons Green concluded. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £170,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

What is different about your site and alternative web based conveyancing brokers for conveyancing in Emersons Green?

At this site get a conveyancing quote from a Solicitor or Licensed Conveyancer that has a full understanding of the issues of your conveyancing in Emersons Green. Unlike many estate agents and many comparison sites we do not operate kick-back arrangements with solicitors. A large number of agents and online brokers 'recommend' solicitors who pay the highest kickback, as opposed to the best value conveyancing in Emersons Green

Are there common deficiencies that you come across in leases for Emersons Green properties?

There is nothing unique about leasehold conveyancing in Emersons Green. Most leases are drafted differently and legal mistakes in the legal wording can sometimes mean that certain clauses are missing. The following missing provisions could result in a defective lease:

Repairing obligations to or maintain elements of the building Clauses dealing with recovering service charges for expenditure on the building or common parts.

A defective lease will likely cause issues when trying to sell a property primarily because it impacts on the ability to obtain a mortgage on the property. HSBC Bank, Bank of Scotland, and Barclays Direct all have express conveyancing instructions when it comes to what is expected in a lease. If a mortgage lender believes that the lease does not cover certain provisions they may refuse to provide security, obliging the buyer to withdraw.

Leasehold Conveyancing in Emersons Green - Examples of Queries Prior to Purchasing

Best to be warned whether changing the roof or some other major work is coming up that will be shared by the leaseholders and may well dramatically increase the the maintenance fees or require a specific payment. How is the lease structured? Are any of leasehold owners in dispute over their service charge payments?

When it comes to my conveyancing in Emersons Green should I be paying VAT on the following: (1) Land reg fee on purchase (2) Pre - completion search fee (3) SDLT E submission on purchase (4) Bank TT fee

(1) Land reg fee on purchase - No (2) Pre - completion search fees -No, (such conveyancing searches are HMLR ones and means £4 and possibly £2 bankruptcy per name on your mortgage) (3) SDLT E submission on your purchase - There is no VAT on Stamp Duty. However if the firm is charging a stamp duty e-submission fee as part of their services - some Emersons Green conveyancers do - that will incur VAT(4) Bank transfer fee - Yes it is for the property lawyer's time in submitting the funds this way.