I am need of leasehold conveyancing for a flat in a relatively new development (seven years old) in Chase Side. 95% of the properties are already sold. Do I need carry out the conveyancing searches for my conveyancing in Chase Side?
You would be taking a significant risk in refusing to carrying out Chase Side 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 top of your issues you should discuss with your conveyancer about the options such as indemnity insurance available to you
Do lawyers ask for an advanced payment for conveyancing in Chase Side?
Where you are retaining lawyers for conveyancing in Chase Side your solicitor will ask you to provide them with funds to cover the the cost of the conveyancing searches. This will be the total of the cost of the conveyancing searches. When the deposit is as part of the total price then this should be asked for shortly before exchange of contracts. The closing balance that is needed should be transferred shortly before completion.
Are there restrictive covenants that are commonly identified as part of conveyancing in Chase Side?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Chase Side. 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…’
About to purchase a new build apartment in Chase Side. Conveyancing is necessary evil 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 conveyancing.
Here are examples of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Chase Side
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The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. 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. Please supply a car parking plan. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?
Can you offer any advice when it comes to choosing a Chase Side conveyancing practice to deal with our lease extension?
When appointing a property lawyer for lease extension works (regardless if they are a Chase Side conveyancing firm) it is essential that he or she should be familiar with the legislation and specialises in this area of conveyancing. We advise that you speak with several firms including non Chase Side conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then so much the better. The following questions might be of use:
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What volume of lease extensions has the firm carried out in Chase Side in the last 12 months?
Following months of dialogue we simply can't agree with our landlord on how much the lease extension should cost for our flat in Chase Side. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
in cases where there is a absentee landlord or where there is dispute about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the Leasehold Valuation Tribunal to assess the amount due.
An example of a Freehold Enfranchisement case for a Chase Side flat is 23 Beaconsfield Road in July 2013. The Tribunals decided that the amount payable was £31,203 for the freehold. This case was in relation to 2 flats. The unexpired term was 70.31 years.
I need to change lawyers as my Chase Side lawyer is not on the mortgage company's approved list of conveyancing solicitors. How simple is it to change conveyancer?
If you haven't yet appointed a solicitor to do anything for you and have just received quotes, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer in Chase Side that you're considering.