After reading online forums for a cheap lawyer in Somersham, most say that I should look for a CQS accredited solicitor. What is CQS?
The Conveyancing Quality Scheme (CQS) provides a kitemark for residential conveyancing practices issued by the Law Society. Membership achievement establishes a level of credibility for member firms with stakeholders (regulators, lenders, insurers and consumers) based upon: * the integrity of the senior responsible officer and other key conveyancing staff * the firm's adherence to good practice management standards * adherence to prudent and efficient conveyancing procedures through the scheme protocol It covers numerous partnerships who carry out conveyancing in Somersham.
A colleague suggested that if I am purchasing in Somersham I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is usually quoted for as part of the standard Somersham conveyancing searches. It is a large document of about 40 pages, listing and detailing important information about Somersham 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 details, Local Education with plans and statistics, Local Amenities and other useful data regarding Somersham.
Despite weeks of looking the Title Certificate and documents to our home can not be found. The solicitors who did the conveyancing in Somersham 4 years ago no longer exist. Will I be able to sell the house?
As long as you have a registered title the details of your proprietorship will be evidenced by HMLR under a Title Number. It is easy to carry out a search at the Land Registry, identify your property and order current copies of the property title for less than a fiver. Where the title is Leasehold then the Land Registry will also normally hold a file copy of the Registered Lease and again, a copy can be ordered for £20 inclusive of VAT.
About to purchase a new build flat in Somersham. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here is a sample of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Somersham
-
Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please supply a car parking plan.
Due to the guidance of my in-laws I had a survey completed on a property in Somersham before appointing lawyers. I have been advised that there is a flying freehold overhang to the house. Our surveyor has said that some banks will not issue a mortgage on a flying freehold property.
It varies from the lender to lender. Bank of Scotland has different instructions for example to Nationwide. Should you wish to telephone us we can check with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Somersham. Conveyancing will be smoother if you use a solicitor in Somersham especially if they are familiar with such properties in Somersham.
What are your top tips when it comes to choosing a Somersham conveyancing firm to deal with our lease extension?
When appointing a property lawyer for lease extension works (regardless if they are a Somersham conveyancing firm) it is imperative that he or she should be familiar with the legislation and specialises in this area of conveyancing. We suggest that you speak with several firms including non Somersham conveyancing practices before you instructing a firm. If the firm is ALEP accredited then so much the better. The following questions might be helpful:
-
If the firm is not ALEP accredited then why not? Can they put you in touch with clients in Somersham who can give a testimonial?
Leasehold Conveyancing in Somersham - A selection of Queries Prior to Purchasing
-
Does the lease have onerous restrictions? In the main the cost for major works are not incorporated into the maintenance charges, although some managing agents in Somersham ask leasehold owners to contribute towards a reserve fund and this is used to offset against major repairs or maintenance. Its a good idea to discover as much as you can regarding the company managing the block as they will impact your use and enjoyment of the property. As the proprietor of a leasehold property you are frequently at the mercy of the managing agents from a financial perspective and when it comes to daily issues like the upkeep of the common parts. You should not be afraid to ask prospective neighbours what they think of them. In conclusion, find out the dates that you are obliged pay the service charge to the appropriate party and specifically how they are spending that money.