I require conveyancing for a flat in a relatively new development (seven years old) in Shotton. Almost all the flats have already been sold. Is it strictly necessary to order neighbourhood searches as part of conveyancing in Shotton?
You are putting yourself at risk in refusing to carrying out Shotton conveyancing searches. Without searches you have no clarity over flooding, environmental etc which may mean you walk away due to potential problems down the line. If you are buying without a mortgage there is no legal requirement to have them, but we would strongly advise in the strongest possible terms that you have them. If speed and cost are primary concerns you should discuss with your solicitor about the options such as lack of search insurance available to you
I am downsizing from our property in Shotton and according to the buyers it appears that there is a possibility that the property was constructed land that was not decontaminated. Any local lawyer would know that there is no such problem. For the life of me I don't know why the buyers are using an internet conveyancing practice rather than a conveyancing solicitor in Shotton. We have lived in Shotton for many years we know that this is a non issue. Do we contact our local Authority to obtain confirmation that the buyers are looking for.
It sounds as though you may have a conveyancing firm already. Are they able to advise? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
Are there restrictive covenants that are commonly picked up as part of conveyancing in Shotton?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Shotton. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Due to the advice of my in-laws I had a survey completed on a house in Shotton before retaining lawyers. I have been told that there is a flying freehold element to the house. My surveyor has said that some mortgage companies may refuse to grant a mortgage on such a property.
It varies from the lender to lender. Lloyds has different instructions from Birmingham Midshires. If you e-mail us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Shotton. Conveyancing will be smoother if you use a solicitor in Shotton especially if they are acquainted with such properties in Shotton.
Looking forward to complete next month on a basement flat in Shotton. Conveyancing solicitors assured me that they report fully next week. Are there areas in the report that I should be focusing on?
The report on title for your leasehold conveyancing in Shotton should include some of the following:
Does the lease prevent you from letting out the flat, or having a home office for business The length of the lease term. You should receive guidance as what happens when the lease ends, and aware of the importance of not letting the lease term falling below eighty years Information as to the provision as set out in the lease to to contribute towards maintenance costs - with regard to both the building, and the more general rights a lessee enjoys if lease has a provision for a reserve account for major works? The landlord’s rights to access the premises. You should be made aware that your landlord has rights of access as well as be informed how much notice must be provided.
Shotton Leasehold Conveyancing - Examples of Questions you should consider Prior to Purchasing
Are there any major works in the near future that will likely increase the service fees? How many years are left on the lease? You should want to discover as much as possible about the managing agents as they will affect your use and enjoyment of the property. As the owner of a leasehold property you will be in the clutches of the managing agents both financially and when it comes to daily issues such as the cleanliness of the common parts. Don't be afraid to ask other people whether they are happy with them. Finally, find out the dates that the service charges are due to the managing agents and precisely how they are spending the funds.