Do commercial conveyancing searches reveal planned roadworks that could affect a commercial property in Miles Platting?
Its becoming the norm that commercial conveyancing solicitors in Miles Platting will perform a SiteSolutions Highways report as it reduces the time that conveyancers spend in looking into accurate data on highways that impact buildings and development assets in Miles Platting. The search result 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 Miles Platting.
For each commercial conveyancing transaction in Miles Platting it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately could cause delays to Miles Platting commercial conveyancing transactions as well as pose a risk to future plans for the site. These searches are not carried out for domestic conveyancing in Miles Platting.
Just had an offer accepted on a new build flat in Miles Platting. Conveyancing is a frightening process 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.
Here are examples of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Miles Platting
Forfeiture - bankruptcy or liquidation must not apply under this provision. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please supply a car parking plan. Please provide evidence that the form of Lease proposed has been approved by the Land Registry.
Due to the advice of my in-laws I had a survey completed on a house in Miles Platting ahead of instructing solicitors. I have been told that there is a flying freehold element to the house. The surveyor advised that some mortgage companies may refuse to grant a loan on a flying freehold property.
It depends who your proposed lender is. Santander has different requirements for example to Birmingham Midshires. Should you wish to telephone us we can look into this further via the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Miles Platting. Conveyancing may be slightly more expensive based on your lender's requirements.
I own a leasehold house in Miles Platting. Conveyancing and TSB mortgage organised. A letter has just been received from someone claiming to own the reversionary interest in the property. It included a demand for arrears of ground rent dating back to 1996. The conveyancing practitioner in Miles Platting who previously acted has now retired. What should I do?
First contact the Land Registry to make sure that this person is in fact the registered owner of the freehold reversion. There is no need to instruct a Miles Platting conveyancing lawyer to do this as you can do this on the Land Registry website for less than a fiver. You should note that regardless, even if this is the rightful freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
Miles Platting Conveyancing for Leasehold Flats - A selection of Questions you should consider before Purchasing
Its a good idea to discover as much as possible regarding the company managing the block as they will either make your living at the property much simpler or a lot more difficult. Being a leasehold owner you are often at the mercy of the managing agents both financially and when it comes to every day issues such as the tidiness of the common parts. Don't be shy to ask prospective neighbours if they are happy with them. In conclusion, be sure you know the dates that you are obliged pay the service charge to the relevant party and specifically how they are spending that money. Who manages the block? How long is the Lease?
My conveyancing in Miles Platting is completing this Friday, but the couple I am purchasing off has asked to vacate the next day at midday. Do I agree to such a plan?
In situations where you need a mortgage then your conveyancing practitioner will demand that you have vacant possession on Friday - the lender will require it.