Will commercial conveyancing searches reveal impending roadworks that could impact a commercial site in Werrington?
Its becoming the norm that commercial conveyancing solicitors in Werrington will carry out a SiteSolutions Highways report as it reduces the time that conveyancers invest in investigating accurate data on highways that impact buildings and development assets in Werrington. 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 Werrington.
For each commercial conveyancing transaction in Werrington 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 may cause delays to Werrington commercial conveyancing deals as well as pose a risk to future plans for the site. These searches are not carried out for residential conveyancing in Werrington.
My wife and I own a 4 bedroom Georgian property in Werrington. Conveyancing lawyer represented me and Godiva Mortgages Ltd. I happened to do a free search for it on the Land Registry database and there are two entries: the first freehold, the second leasehold with the matching address. If a house is not a freehold shouldn't I have been informed?
You should 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 proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Werrington and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also check the position with the conveyancing practitioner who carried out the work.
Due to the encouragement of my in-laws I had a survey completed on a house in Werrington before retaining solicitors. I have been informed that there is a flying freehold aspect to the property. Our surveyor has said that some banks will not give a loan on a flying freehold house.
It depends who your proposed lender is. Lloyds has different requirements for example to Halifax. Should you wish to call us we can look into this further with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Werrington. Conveyancing may be slightly more expensive based on your lender's requirements.
Taking into account that I will soon spend over three hundred thousand on a property in Werrington I wish to have a conversation with the conveyancer about myhome move prior to appointing the firm. Is this something that you can arrange?
Absolutely - we would be happy to talk to you we do not take any clients on without you first talking to the conveyancer due to be conducting your property ownership legalities in Werrington.There is no ‘factory style conveyancing’ - every client is an important person, not a file number. The practices that we put you in touch with believe that the fees you are provided with for residential conveyancing in Werrington should be the figure that you are charged.
When it comes to my conveyancing in Werrington should I be charged 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 Werrington 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.