Having sold my house in Chipping Campden last December yet the purchaser is SMS messaging me complaining that their lawyer needs to hear from mine. What should have happened now that I have sold?
Post completion of your sale your conveyancer should forward the transfer deeds and all additional paperwork to the purchaser's lawyers. Depending on the transaction, your conveyancer should also evidence that the mortgage has been paid off to the purchasers lawyers. There is unlikely to be post completion tasks specific conveyancing in Chipping Campden.
We're in Chipping Campden, First time buyers buying with a mortgage (lender is Kent Reliance , and our solicitor is on the Kent Reliance conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Kent Reliance conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
Will commercial conveyancing searches reveal planned roadworks that may impact a commercial estate in Chipping Campden?
Its becoming the norm that commercial conveyancing solicitors in Chipping Campden will conduct a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in looking into accurate data on highways that impact buildings and development assets in Chipping Campden. The search result sets out 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 Chipping Campden.
For every commercial conveyancing transaction in Chipping Campden it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately may cause delays to Chipping Campden commercial conveyancing deals as well as pose a risk to future intentions for the site. These searches are not carried out for domestic conveyancing in Chipping Campden.
How does conveyancing in Chipping Campden differ for newly converted properties?
Most buyers of new build residence in Chipping Campden contact us having been asked by the builder to sign contracts and commit to the purchase even before the property is constructed. This is because builders in Chipping Campden usually acquire the site, 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 used to new build conveyancing in Chipping Campden or who has acted in the same development.
Over the last few months I have been searching for a flat up to £305k and found one round the corner in Chipping Campden I like with open areas and station in the vicinity, however it only has 51 years unexpired on the lease. I can't really find anything else in Chipping Campden suitable, so just wondered if I would be making a mistake purchasing a short lease?
If you need a mortgage that many years will likely be an issue. Reduce the price by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for a minimum of 2 years you may ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing solicitor regarding this.
How does the Landlord & Tenant Act 1954 affect my commercial premises in Chipping Campden and how can you help?
The 1954 Act affords protection to commercial lessees, giving them the a statutory right to make a request to court for a renewal tenancy and remain in occupation at the end of the lease term. There are limited grounds that a landlord can refuse a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing firms who use the act to your advantage and handle your commercial conveyancing in Chipping Campden