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Recently asked questions about conveyancing in Reading

Can the conveyancing lawyers that you recommend carry out auction conveyancing in Reading?

There are a number of niche lawyers we can put you in touch with those who can conduct auction conveyancing. Reading is just one of our locations where our lawyers are based.

Why do I have to pay up front for my conveyancing in Reading?

If you are buying a property in Reading your lawyer will request that you to provide them with monies to cover the search fees. This will be the total of the cost of the conveyancing searches. If any deposit is payable against the purchase price then this should be needed immediately prior to contracts are exchanged. The final balance that is due will be payable shortly before completion.

Should commercial conveyancing searches reveal impending roadworks that could impact a commercial property in Reading?

Many commercial conveyancing solicitors in Reading will perform a SiteSolutions Highways report as it reduces the time that conveyancers invest in sourcing accurate data on highways that impact buildings and development assets in Reading. 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 Reading.

For every commercial conveyancing transaction in Reading it is critical 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 Reading commercial conveyancing transactions as well as present a risk to future intentions for the site. These searches are not ordered for domestic conveyancing in Reading.

I am a sole trader wishing to lease a unit on a shopping parade. Can you recommend solicitors offering competitive fees for commercial conveyancing in Reading for under £1,200?

We can recommend firms who host a wealth of experience of commercial conveyancing in Reading, including the disposal and purchase of businesses as well as simply property. If you are intending to buy or dispose of a shop, pub, restaurant, office, retail premises or a complete business we can put you in touch with the right solicitor. As for the charges these will vary based on the structure and heads of terms of the deal. Let us have your contact information or call so as to enable us to supply you with a detailed commercial conveyancing quote.

I've recently bought a leasehold property in Reading. Am I liable to pay service charges for periods before completion of my purchase?

In a situation where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

Leasehold Conveyancing in Reading - Sample of Questions you should consider Prior to buying

    It would be wise to find out if there are any onerous restrictions in the lease. For instance some leases prohibit pets being allowed in certain buildings in Reading. If you like the propertyin Reading but your cat is not allowed to move with you then you have a very difficult compromise. Who are the managing agents? The answer will be useful as a) areas can cause problems for the building as the communal areas may start to deteriorate if services are not paid for b) if the leasehold owners have an issue with the running of the building you will wish to have complete disclosure

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