Should commercial conveyancing searches reveal planned roadworks that could impact a commercial site in West Brompton?
Its becoming the norm that commercial conveyancing solicitors in West Brompton will execute a SiteSolutions Highways report as it reduces the time that conveyancers invest in looking into accurate data on highways that impact buildings and development assets in West Brompton. 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 West Brompton.
For every commercial conveyancing transaction in West Brompton 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 may result in delays to West Brompton commercial conveyancing deals as well as present a risk to future intentions for the site. These searches are not conducted for residential conveyancing in West Brompton.
My wife and I purchased a terraced Victorian house in West Brompton. Conveyancing solicitor acted for me and Britannia. I happened to do a free search for it on the Land Registry database and there are a couple of entries: one for freehold, the second leasehold with the matching address. Is it worth asking Britannia to clarify?
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 West Brompton and other areas of 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 buyers. You can also check the position with the conveyancing practitioner who conducted the purchase.
Due to the advice of my in-laws I had a survey completed on a property in West Brompton prior to appointing lawyers. I have been told that there is a flying freehold element to the house. The surveyor has said that some mortgage companies may refuse to give a mortgage on this type of property.
It depends who your proposed lender is. Bank of Scotland has different requirements from Nationwide. Should you wish to telephone us we can check via 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 West Brompton. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in West Brompton to see if the conveyancing costs will increase in light of this.
My husband and I are four weeks into a freehold purchase having been recommend to a firm by the selling agent to carry out the conveyancing in West Brompton. I am not happy. Could you help me find new conveyancers?
A solicitor would have to be very bad in order to consider replacing them. Has your mortgage been sent? If so you must advise them of the new contact details and get the mortgage documents are re-issued. Your solicitor ideally needs to be on the banks approved list to avoid supplemental fees and complications. That should be your first question of the new solicitors. The search tool should assist you in finding a bank approved solicitor for your conveyancing in West Brompton
My husband and I are purchasing a 2 bedroom flatin West Brompton with a residential mortgage from a bank. We have a conveyancer in West Brompton however our lender advise she’s not approved on their "panel". Apparently we need to choose from the our mortgage company panel firms or stay with our West Brompton solicitor and pay for one of their panel ones to represent them. We feel as though this is unjust; Can we not simply insist that our mortgage company use our West Brompton lawyer?
Unfortunately,no. The mortgage company mortgage issued is subject to conditions, one of which will be that solicitors will on the bank's conveyancing panel. Until recently, most mortgage companies had open panels, including many conveyancing solicitors in West Brompton : a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your solicitors to apply to be on the conveyancing panel for your mortgage company.