I require conveyancing for a flat in a relatively new development (five years built) in Great Shelford. Almost all the properties are already occupied. Is it really necessary to order neighbourhood searches as part of conveyancing in Great Shelford?
A big part of the Great Shelford conveyancing process is the conveyancing searches. There are a large number of companies conducting Great Shelford conveyancing searches, as well straight from the local authority. These are known collectively as personal search organisation due to them carrying out, personal searches. Nevertheless, all Local Authority Search conveyancing products have one thing in common - they must secure their information from the local authoritative source.
Why is leasehold purchase conveyancing in Great Shelford costs more?
The conveyancing charges on a leasehold property in Great Shelford is inevitably higher than on a freehold transaction. This is due to the additional investigations necessary in dealing with the landlord and management company to obtain evidence concerning whether the rent and service charges have been paid and whether there are any significant expenditure in the foreseeable future on repairs or maintenance of the building.
How do I discover of the solicitor carrying out my conveyancing in Great Shelford is on the bank’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Godiva Mortgages Ltd thus paying £192.00 in supplemental conveyancing costs.
You should make use of the find a conveyancing panel solicitor tool on this web page. Pick the lender and type ‘Great Shelford’ or your location and you will be presented with a number of lawyer located in Great Shelford or near you.
Should my solicitor be making enquiries about flooding as part of the conveyancing in Great Shelford.
The risk of flooding is if increasing concern for conveyancers dealing with homes in Great Shelford. There are those who buy a property in Great Shelford, fully aware that at some time, it may suffer from flooding. However, leaving to one side the physical destruction, where a property is at risk of flooding, it may be difficult to get a mortgage, suitable building insurance, or dispose of the property. There are steps that can be taken as part of the conveyancing process to forewarn the buyer.
Conveyancers are not qualified to offer advice on flood risk, however there are a number of checks that can be carried out by the buyer or on a buyer’s behalf which should give them a better appreciation of the risks in Great Shelford. The standard property information forms given to a purchaser’s solicitor (where the Conveyancing Protocol is adopted) includes a standard inquiry of the vendor to determine if the premises has suffered from flooding. In the event that flooding has previously occurred which is not notified by the seller, then a purchaser could bring a claim for damages stemming from an incorrect reply. The purchaser’s solicitors may also order an enviro report. This will disclose whether there is any known flood risk. If so, more detailed investigations should be carried out.
I've recently found out that there is a flying freehold issue on a property I have offered on a fortnight ago in what was supposed to be a straight forward, no chain conveyancing. Great Shelford is the location of the property. What do you suggest?
Flying freeholds in Great Shelford are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Great Shelford you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Great Shelford may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
In what way does the Landlord & Tenant Act 1954 affect my business premises in Great Shelford and how can your lawyers assist?
The 1954 Act provides a safeguard to commercial leaseholders, granting the right to apply to court for a new tenancy and continue in occupation at the end of an expired lease. There are certain specified grounds that a landlord can refuse a lease renewal and the rules are complicated. We are happy to direct you to commercial conveyancing solicitors who use the act to your advantage and help with commercial conveyancing in Great Shelford