I am purchasing a 3 bedroom semi in Fetcham. The intention is to an extension at the rear at the property.Will legal due diligence on the property involve investigations to see if these works are prohibited?
Your property lawyer will check the deeds as conveyancing in Fetcham can on occasion reveal restrictions in the title documents which prohibit certain changes or need the consent of a 3rd party. Certain additions require local authority planning consent and approval under the building regulations. Some locations are designated conservation areas and special planning restrictions apply which frequently prevent or affect extensions. It would be wise to check these issues with a surveyor ahead of any purchase.
I happen to be the sole beneficiary of my late mum's will with all property in now in my sole name, including the my former home in Fetcham. The Fetcham property was put into my name in May. I plan to dispose of the property. I do know about the Mortgage Lenders six month 'rule', meaning my property ownership may be regarded the same way as if I'd bought the property in May. Do I have to wait half a year to sell?
The Council of Mortgage Lenders’ handbook requires conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be caught by that. How practical a view lenders take of it, depend on the lender as this obligation chiefly exists to identify subsales or the quick reselling of properties.
We expect to receive a DIP from UBS this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do UBS recommend any Fetcham solicitors on the UBS conveyancing panel, or is it better to go independently?
You will need to appoint Fetcham solicitors independently although you'll need to choose one on the UBS conveyancing panel. The solicitor represents both you and UBS through the process.
My partner and I are selling our property in Fetcham and the buyers lawyers are claiming that there is a risk of it being constructed on contaminated land. A local lawyer would know this is not the case. It does beg the question why the buyers instructed a factory type conveyancing outfit as opposed to a conveyancing solicitor in Fetcham. We have lived in Fetcham for 5 years we know of no issue. Should we get in touch with our local Authority to get clarification that the buyers are looking for.
It would appear that you have a conveyancing firm currently acting for you. What do they say? You need to enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
I have been on the look out for a ground for flat up to £235,500 and identified one close by in Fetcham I like with open areas and railway links in the vicinity, however it only has 51 years on the lease. There is not much else in Fetcham for this price, so just wondered if I would be making a mistake purchasing a short lease?
Should you require a home loan the shortness of the lease may be a potential deal breaker. Discount the offer by the anticipated lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for a minimum of 2 years you can ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing lawyer concerning this matter.
I am a sole trader looking to lease a unit on the high street. Can you recommend solicitors offering no-sale-no costs for non-domestic conveyancing in Fetcham for under 1500k?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Fetcham, including the disposal and acquisition of businesses as well as simply property. Whether you are hoping to purchase or lease a shop, pub, restaurant, office, retail unit or a complete business we can put you in touch with the right solicitor. Regarding the fees this will depend on the structure and complexity of the deal. Please provide us with your details or phone us so that we can supply you with a detailed commercial conveyancing quote.
My father has recommend that I appoint his lawyers for conveyancing in Fetcham. Should I find my own conveyancer?
Much as we are happy to recommend a Fetcham conveyancing lawyer it’s preferable to choose a conveyancing practitioner is to seek guidance from friends or family who have previously instructed the firm that you are considering.
Is there a reason that Fetcham conveyancing charges are more expensive for leasehold and freehold properties?
When purchasing a leasehold property there is more work involved purely due to the fact that usually there are further parties involved in the form of the freeholder and/or Management Agents. As part of a lawyers enquiries they will check that all ground rent and service charges are paid up to date amongst other general leasehold matters. For this reason, the Sellers lawyers usually have to refer to the freeholder or Managing Agent for their replies to our questions. This may be time consuming and beyond the lawyers control