Completed the sale of my flat in Sedbergh last May but the buyer keeps e-mailing daily to moan that his conveyancer needs to hear from mine. What should have happened following completion?
Following your house sale your solicitor is duty bound to forward the transfer deeds and all of the paperwork to the buyer’s solicitors. Depending on the transaction, your lawyer should also confirm that the home loan has been paid off to the buyers lawyers. There are no post completion procedures peculiar conveyancing in Sedbergh.
Will commercial conveyancing searches reveal impending roadworks that could impact a commercial premises in Sedbergh?
Its becoming the norm that commercial conveyancing solicitors in Sedbergh will order a SiteSolutions Highways report as it dramatically cuts the time that conveyancers spend in sourcing accurate data on highways that impact buildings and development assets in Sedbergh. The report provides 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 Sedbergh.
For every commercial conveyancing transaction in Sedbergh it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately may result in delays to Sedbergh commercial conveyancing transactions as well as pose a risk to future intentions for the site. These searches are not ordered for residential conveyancing in Sedbergh.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Sedbergh?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Sedbergh. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
How does conveyancing in Sedbergh differ for new build properties?
Most buyers of new build residence in Sedbergh come to us having been asked by the builder to sign contracts and commit to the purchase even before the premises is built. This is because developers in Sedbergh tend to acquire the real estate, 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 property lawyers 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 accustomed to new build conveyancing in Sedbergh or who has acted in the same development.
I've recently found out that there is a flying freehold element on a property I put an offer in a fortnight ago in what should have been a simple, chain free conveyancing. Sedbergh is where the house is located. Is there any guidance you can give?
Flying freeholds in Sedbergh are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Sedbergh you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Sedbergh 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 premises.
How can the Landlord & Tenant Act 1954 impact my commercial offices in Sedbergh and how can you help?
The 1954 Act gives protection to business leaseholders, granting the dueness to apply to court for a renewal tenancy and continue in occupation when the lease comes to an end. There are limited grounds that a landlord can refuse a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing practices who use the act for protection and assist with commercial conveyancing in Sedbergh