A colleague suggested that if I am purchasing in Reddish I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is sometimes included in the estimate for your Reddish conveyancing searches. It is not a small document of about 40 pages, listing and detailing significant information about Reddish around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Reddish Education with maps and statistics, Local Amenities and other useful data about Reddish.
Due to the advice of my in-laws I had a survey completed on a house in Reddish before instructing solicitors. I have been advised that there is a flying freehold element to the house. Our surveyor has said that some mortgage companies will refuse to give a mortgage on this type of house.
It varies from the lender to lender. Lloyds has different requirements from Halifax. If you contact us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Reddish. Conveyancing may be slightly more expensive based on your lender's requirements.
What does commercial conveyancing in Reddish cover?
Reddish conveyancing for business premises covers a broad array of guidance, provided by regulated solicitors, relating to business property. For example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.
My husband and I are FTB’s - agreed a price, but the property agent told us that the vendor will only move forward if we appoint the agent's preferred conveyancers as they want an ‘expedited deal’. We would rather use a local conveyancer accustomed to conveyancing in Reddish
We suspect that the seller is not behind this ultimatum. Should the seller require ‘a quick sale', alienating a genuine buyer is is going to put the whole deal at risk. Speak to the owners direct and make sure they understand (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you are chain free (d) you intend to proceed fast (e)however you intend to instruct your preferred Reddish conveyancing firm - rather thanthose that will give the estate agent a kickback or meet his conveyancing figures demanded by corporate headquarters.
Back In 2006, I bought a leasehold house in Reddish. Conveyancing and Godiva Mortgages Ltd mortgage are in place. A letter has just been received from someone claiming to own the reversionary interest in the property. It included a ground rent demand for rent dating back to 1997. The conveyancing practitioner in Reddish who acted for me is not around. Any advice?
The first thing you should do is make enquiries of HMLR to make sure that this person is indeed the new freeholder. There is no need to instruct a Reddish conveyancing solicitor to do this as it can be done on-line for £3. You should note that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Reddish Leasehold Conveyancing - A selection of Queries before Purchasing
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Where a Reddish lease has no more than 80 years it will impact the salability of the flat. It is worth checking with your lender that they are willing to lend given the lease term. Leases with fewer than 80 years remaining means that you will almost definitely have to extend the lease sooner rather than later and it is worth finding out how much this will be. For most Reddishlease extensions you will need to own the premises for two years in order to be eligible to extend the lease. For many Reddish leaseholds the outlay for major works tend not to be included within service charges, although some managing agents in Reddish ask tenants to pay into a reserve fund created for the specific intention of building a fund for larger works.
Do online conveyancing organisations cover everything a high street Reddish solicitor does or must I employ a solicitor for the final stages for my conveyancing in Reddish?
Where you instruct an online conveyancer they should undertake all the things your Reddish solicitor will cover.