Will commercial conveyancing searches reveal planned roadworks that could affect a commercial property in Harton?
Many commercial conveyancing solicitors in Harton will perform 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 Harton. The search result 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 Harton.
For every commercial conveyancing transaction in Harton it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately could result in delays to Harton commercial conveyancing transactions as well as present a risk to future plans for the site. These searches are not conducted for residential conveyancing in Harton.
My wife and I have a renovated Georgian house in Harton. Conveyancing solicitor represented me and Halifax. I did a free Land Registry search last week and I saw a couple of entries: one for freehold, the second leasehold under the matching address. I thought I was buying a freehold how can I check?
You need to assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Harton and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also question the situation with your conveyancing lawyer who conducted the work.
I decided to have a survey done on a property in Harton ahead of appointing lawyers. I have been informed that there is a flying freehold aspect to the house. The surveyor has said that some banks may refuse to issue a mortgage on a flying freehold home.
It varies from the lender to lender. Bank of Scotland has different instructions for example to Nationwide. Should you wish to call us we can investigate further with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Harton. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Harton to see if the conveyancing costs will increase in light of this.
I am employed by a reputable estate agency in Harton where we have experienced a few flat sales put at risk as a result of short leases. I have received contradictory information from local Harton conveyancing solicitors. Can you shed some light as to whether the seller of a flat can initiate the lease extension process for the buyer?
Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer can avoid having to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed prior to, or simultaneously with completion of the sale.
An alternative approach is to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
Harton Conveyancing for Leasehold Flats - Examples of Queries Prior to Purchasing
The prefered form of lease structure is if the freehold title is in the ownership of the leaseholders. In this situation the lessees enjoy being in charge if their destiny and notwithstanding that a managing agent is usually retained if it is larger than a house conversion, the managing agent employed by the leaseholders. The answer will be important as a) areas may result in problems in the building as the communal areas may start to deteriorate if services remain unpaid b) if the tenants have a dispute with the running of the building you will need to have full disclosure
We are FTB’s just having agreed a price on a property in Harton, and are now looking to get solicitors instructed. We have utilised the numerous comparison based websites and the quotes are from all across the the UK. Is it advisable to have a Harton conveyancing practitioner local to the prospective new home? I am fine to do everything over the web, but I guess at some point we may need to visit the conveyancer's office to sign contracts?
The conveyancer does not need to be in Harton, but choosing local means that you have the option to go in if needed, by way of example, if a signature is needed urgently. Also, a Harton solicitor have established relationships with local agents and (if the vendor has chosen a local conveyancing practitioner) with them, which should help smooth the process.