Having been told to check out your service we were about to go ahead with a conveyancing solicitor in Chelmsford listed by you but have come across some other estimates on the internet seem less pricey – why is this?
There are many firms of solicitors offering at first sight what seems to be cut price. You should think long and hard about how much you respect your own move to you are willing to be penny wise pound foolish over the standard of the legal work. Many of them accentuate a cheap quote to grab your attention but conceal supplemental costs in the fine print..
What will a local search tell me concerning the house I am purchasing in Chelmsford?
Chelmsford conveyancing often commences with the ordering local authority searches directly from your local Authority or through a personal search organisations for example Searches UK The local search plays an important part in many a Chelmsford conveyancing purchase; as long as you don’t want any nasty once you have moved into your property. The search will provide data on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic headings.
How does conveyancing in Chelmsford differ for new build properties?
Most buyers of new build residence in Chelmsford come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the property is finished. This is because developers in Chelmsford typically buy the real estate, 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 Chelmsford or who has acted in the same development.
I decided to have a survey completed on a property in Chelmsford prior to appointing lawyers. I have been told that there is a flying freehold overhang to the house. The surveyor advised that some banks may not issue a mortgage on this type of home.
It depends who your proposed lender is. Bank of Scotland has different requirements from Nationwide. Should you wish to call us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Chelmsford. Conveyancing will be smoother if you use a solicitor in Chelmsford especially if they are familiar with such properties in Chelmsford.
I am intending to sublet my leasehold flat in Chelmsford. Conveyancing solicitor who did the purchase is retired - so can't ask her. Is permission from the freeholder required?
Your lease governs the relationship between the freeholder and you the flat owner; specifically, it will set out if subletting is not allowed, or permitted but only subject to certain conditions. The rule is that if the lease contains no expres ban or restriction, subletting is permitted. The majority of leases in Chelmsford do not prevent an absolute prevention of subletting – such a clause would adversely affect the market value the flat. In most cases there is simply a requirement that the owner notifies the freeholder, possibly supplying a duplicate of the sublease.
I own a 1 bedroom flat in Chelmsford, conveyancing was carried out in 1999. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Equivalent flats in Chelmsford with over 90 years remaining are worth £185,000. The average or mid-range amount of ground rent is £65 invoiced every year. The lease finishes on 21st October 2085
With 60 years remaining on your lease the likely cost is going to be between £20,000 and £23,000 plus costs.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to provide the actual costs without more comprehensive due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There may be other issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before seeking the advice of a professional.
My mum and dad are encountering difficulties in finding their Chelmsford land registry title on the website. They have a vague recollection 48 years ago when they acquired the property there were complications concerning Chelmsford not being identified on some systems.
Almost all properties in Chelmsford should appear. Have you attempted a search to just the postcode. Ordinarily it should identify all the properties inside the postcode. Assuming the property is recorded it will show up with a title number. Where they bought 48 years ago it's conceivable it may be unrecorded. The property may still be revealed but with the title number shown 'na'. In this scenario you will need to locate the original title documentation which may be with your parent’s mortgage company.