Do commercial conveyancing searches disclose planned roadworks that may affect a commercial land in Cardiff Bay?
Its becoming the norm that commercial conveyancing solicitors in Cardiff Bay will order a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in looking into accurate data on highways that impact buildings and development assets in Cardiff Bay. The search result 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 Cardiff Bay.
For every commercial conveyancing transaction in Cardiff Bay it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately could result in delays to Cardiff Bay commercial conveyancing deals as well as present a risk to future plans for the site. These searches are not carried out for residential conveyancing in Cardiff Bay.
The deeds to our home can not be found. The conveyancers who conducted the conveyancing in Cardiff Bay 4 years ago have long since closed. What are my next steps?
Assuming you have a registered title the information relating to your ownership will be documented by the Land Registry under a Title Number. It is possible to perform a search at the Land Registry, locate your house and get up to date copies of the Registered Entries for a small fee. If the property is Leasehold then the Land Registry will in most cases retain a file duplicate of the Registered Lease and again, a copy can be ordered for £20 inclusive of VAT.
I am buying a new build apartment in Cardiff Bay. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below are examples of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Cardiff Bay
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Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.
I have been advised by a few selling agents in Cardiff Bay to get a quote from a property lawyer using your seach tool. What’s the financial inducement for Estate Agents to promote your lawyers over and above another?
We don’t offer any commission for directing people in our direction. We found it would be just too difficult to pay a commission as a client could think, ‘Why is the agent getting a kickback? Why aren’t I receiving any benefit too?’ So we decided to step away from that.
In sourcing the web for the words cheap conveyancing in Cardiff Bay it shows results of numerous solicitorsin the area. With so much choice what is the best way to find the suitable conveyancer for my move?
The preferential method of finding the right conveyancer is through a trusted referral, so enquire of friends and relatives who have acquired a property in Cardiff Bay or the respected estate agent or financial adviser. Charges for conveyancing in Cardiff Bay vary, so it's sensible to request at least four fee estimates from varying types of solicitors. Make sure that you clarify what costs in the quote includes.
Can you please explain what my options are where my Cardiff Bay conveyancing searches reveals negative results?
Normally, most concerns that arise in Cardiff Bay conveyancing search results can be dealt with ahead of completion or indemnity insurance can be taken. You should note that regardless of the fact that you are purchasing the property and might be content to accept the search results, your lender may not, and ultimately the decision rests with them.