We see that you have a search directory identifying law firms on the Leeds Building Society conveyancing panel. Do companies pay you a commission if I appoint them for our conveyancing in Montacute?
We are a listing service only for law firms wishing to communicate if they are on the Leeds Building Society conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Montacute.
Will commercial conveyancing searches disclose proposed roadworks that could affect a commercial land in Montacute?
Many commercial conveyancing solicitors in Montacute will perform a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in looking into accurate data on highways that impact buildings and development assets in Montacute. The search result sets out definitive information 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 Montacute.
For every commercial conveyancing transaction in Montacute it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately may cause delays to Montacute commercial conveyancing deals as well as present a risk to future intentions for the site. These searches are not ordered for domestic conveyancing in Montacute.
The deeds to our home can not be found. The lawyers who dealt with the conveyancing in Montacute 5 years ago are no longer around. What do I do?
You no longer need to hold title official documentation to prove you are the owner of your registered land or property, as the Land Registry have everything they need in a digital format.
How does conveyancing in Montacute differ for newly converted properties?
Most buyers of new build premises in Montacute approach us having been asked by the builder to sign contracts and commit to the purchase even before the residence is constructed. This is because house builders in Montacute tend to acquire the land, 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 conveyancing solicitors 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 Montacute or who has acted in the same development.
Due to the advice of my in-laws I had a survey completed on a property in Montacute ahead of instructing lawyers. I have been advised that there is a flying freehold aspect to the property. Our surveyor has said that some mortgage companies will refuse to issue a loan on such a house.
It depends who your proposed lender is. Santander has different instructions for example to Nationwide. Should you wish to call us we can investigate further via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Montacute. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Montacute to see if the conveyancing will be more expensive.
Last January I purchased a leasehold flat in Montacute. Am I liable to pay service charges relating to a period prior to completion of my purchase?
In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
Montacute Leasehold Conveyancing - Sample of Queries Prior to Purchasing
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Its a good idea to find out as much as possible regarding the company managing the block as they will affect your use and enjoyment of the property. Being a leasehold owner you will be at the mercy of the managing agents both financially and when it comes to practical issues like the tidiness of the common parts. You should not be afraid to ask other tenants whether they are happy with their management. Finally, be sure you discover the dates that the maintenance fees are due to the relevant party and precisely what you get for your money. Best to be warned whether a new roof is being put on or some other significant cost is due shortly to be shared between the leaseholders and will dramatically increase the the maintenance costs or necessitate a specific invoice.