I require conveyancing for a flat in a fairly new development (6 years old) in Great Missenden. 95% of the properties are already occupied. Is it strictly necessary to order conveyancing searches for my conveyancing in Great Missenden?
A big part of the Great Missenden legal transfer of property is the conveyancing searches. There are hundreds search providers delivering Great Missenden conveyancing searches, as well direct from the local authority. These are usually referred to as personal search companies and they produce, not surprisingly, personal searches. However, all Local Authority Search conveyancing products have one thing in common - they must obtain their data from the local authority.
I purchased a freehold premises in Great Missenden yet pay rent, why is this and what is this?
It’s unusual for properties in Great Missenden and has limited impact for conveyancing in Great Missenden but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back many centuries, but the Rent Charge Act 1977 barred the generation of fresh rentcharges post 1977.
Previous rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 is to be dispensed with completely.
Should my conveyancer be making enquiries about flooding as part of the conveyancing in Great Missenden.
Flooding is a growing risk for lawyers dealing with homes in Great Missenden. There are those who buy a house in Great Missenden, completely aware that at some time, it may suffer from flooding. However, aside from the physical damage, where a property is at risk of flooding, it may be difficult to get a mortgage, adequate insurance cover, or dispose of the property. Steps can be carried out during the course of a house purchase to forewarn the buyer.
Lawyers are not best placed to give advice on flood risk, but there are a numerous searches that can be carried out by the buyer or by their solicitors which will give them a better understanding of the risks in Great Missenden. The conventional set of information sent to a purchaser’s lawyer (where the solicitors are adopting what is known as the Conveyancing Protocol) incorporates a usual question of the vendor to find out if the premises has ever been flooded. In the event that the property has been flooded in past and is not disclosed by the vendor, then a buyer may commence a compensation claim as a result of such an inaccurate answer. The purchaser’s lawyers should also conduct an enviro search. This should higlight if there is a recorded flood risk. If so, more detailed investigations will need to be initiated.
I acquired my house on 5 April and the transaction details is not yet registered. Should I be concerned? My conveyancing solicitor in Great Missenden said it should be concluded inside ten days. Are properties in Great Missenden particularly slow to register?
As far as conveyancing in Great Missenden registration is no faster or slower than anywhere else in the country. As opposed to being determined by geographic area, timescales can adjust depending on the party submitting the application, whether there are errors and if the Land registry need to notify any interested parties. Currently in the region of 80% of submission are completed within 12 days but occasionally there can be extensive hold-ups. Historically registration is effected once the purchaser is living at the premises so post completion formalities is not typically an essential issue but where there is a degree of urgency associated with the registration then you or your conveyancer could contact the land registry and explain the circumstances.
I need to find a conveyancing solicitor for freehold conveyancing in Great Missenden. I have chance upon a web site which seems to have the ideal offering If it is possible to get all this stuff completed via phone that would be preferable. Do I need to be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
How varied are the property law services that Great Missenden conveyancing solicitors deal with?
In the main Great Missenden conveyancing solicitors tend to conduct a number of services to residential and agricultural land proprietors, vendors, purchasers, landlords and tenants assistingwith some of the following:
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Residential sale conveyancing in Great Missenden and beyond
Residential purchase conveyancing in Great Missenden and also around the country
Property investment and purchasing to Let Leasehold conveyancing sales and purchases Auction property conveyancing - selling and acquiring Statutory Declarations