My property lawyer in Burton Bradstock is not on the Chelsea Building Society Conveyancing Panel. Can I still continue with my prefered solicitor even though they are not on the Chelsea Building Society panel?
Your options are as follows:
- Complete the purchase with your preferred Burton Bradstock lawyers but Chelsea Building Society will need to retain a lawyer on their panel. This will inevitably rack up the overall legal charges and cause frustration.
- Get an alternative practitioner to act in the purchase, obviously checking they are Chelsea Building Society approved.
- Persuade your Chelsea Building Society based solicitor to try to join the Chelsea Building Society panel
Do I need to take out insurance to address the risk of chancel repairs when buying a residence in Burton Bradstock?
Unless a prior purchase of the house completed post 12 October 2013 you could take it that solicitors handling conveyancing in Burton Bradstock to remain recommending a chancel search and or insurance against a claim.
How does conveyancing in Burton Bradstock differ for newly converted properties?
Most buyers of new build or newly converted property in Burton Bradstock contact us having been asked by the housebuilder to sign contracts and commit to the purchase even before the residence is built. This is because house builders in Burton Bradstock typically buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Burton Bradstock or who has acted in the same development.
Yesterday I discovered that there is a flying freehold element on a property I put an offer in two weeks back in what should have been a straight forward, no chain conveyancing. Burton Bradstock is where the house is located. Can you offer any opinion?
Flying freeholds in Burton Bradstock are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Burton Bradstock you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Burton Bradstock may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
How does the Landlord & Tenant Act 1954 impact my commercial offices in Burton Bradstock and how can you help?
The 1954 Act gives a safeguard to commercial tenants, giving them the dueness to make a request to court for a new tenancy and continue in occupation when the lease comes to an end. There are certain specified grounds where a landlord can refrain from granting a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing firms who use the act for protection and assist with commercial conveyancing in Burton Bradstock
I own a leasehold house in Burton Bradstock. Conveyancing and Bank of Ireland mortgage organised. A letter has just been received from someone saying they have taken over the freehold. It included a demand for arrears of ground rent dating back to 1995. The conveyancing solicitor in Burton Bradstock who acted for me is not around. Do I pay?
The first thing you should do is contact HMLR to be sure that this person is indeed the registered owner of the freehold reversion. It is not necessary to instruct a Burton Bradstock conveyancing firm to do this as it can be done on-line for less than a fiver. Rest assured that regardless, even if this is the rightful landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Burton Bradstock Leasehold Conveyancing - Examples of Queries Prior to buying
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Please note if it is fewer than 80 years it will impact the marketability of the flat. It is worth checking with your mortgage company that they are content with the length of the lease. Leases with fewer than 80 years remaining means that you will almost definitely have to extend the lease sooner rather than later and it is worth finding out what this would cost. For most Burton Bradstocklease extensions you would be required to have owned the property for 24 months before you are legally able to exercise a lease extension. Is the freehold owned jointly by the leaseholders? Is anyone aware of any major works in the planning that could increase the service charges?