We are purchasing a 3 bedroom semi in Timsbury. The intention is to an extension at the rear at the property.Will the conveyancing process include enquiries to see if these works are permitted?
Your conveyancer should check the registered title as conveyancing in Timsbury will on occasion reveal restrictions in the title deeds which prevent categories of works or necessitated the permission of a 3rd party. Certain additions require local authority planning consent and approval in accordance building regulations. Some locations are designated conservation areas and special planning restrictions apply which frequently prevent or impact extensions. You should check these things with a surveyor ahead of any purchase.
I am being advised by my solicitor that lack of right of way insurance is required on my purchase. What is the typical level of cover needed for conveyancing in Timsbury?
The appropriate level of lack of right of way indemnity insurance should be dictated by who who your lender is. It would differ for example between Barclays and The Royal Bank of Scotland. Conveyancing practitioners as opposed to members of the public take out such insurances.
I am expecting a AIP from Leeds Building Society this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Leeds Building Society recommend any Timsbury solicitors on the Leeds Building Society conveyancing panel, or is it better to go independently?
You will need to appoint Timsbury solicitors independently although you'll need to choose one on the Leeds Building Society conveyancing panel. The solicitor represents both you and Leeds Building Society through the process.
I note that there are debates on Chancel Insurance on online forums. Do I require this when acquiring a property in Timsbury? or Apparently there is an ancient law that could mean that house owners living in a parish church boundary may be liable to contribute towards repairs to the chancel within the church. Is this applicable for conveyancing in Timsbury?
Unless a prior purchase of the house took place post 12 October 2013 you can take it that conveyancing practitioners handling conveyancing in Timsbury to remain recommending a chancel search and or insurance against a claim.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Timsbury. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below are examples of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Timsbury
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Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.
I have been on the look out for a flat up to £245,000 and identified one close by in Timsbury I like with amenity areas and railway links nearby, the downside is that it's only got 61 remaining years left on the lease. I can't really find anything else in Timsbury for this price, so just wondered if I would be making a grave error buying a lease with such few years left?
Should you need a home loan the remaining unexpired lease term will be an issue. Discount the price by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the property for a minimum of 2 years you may request that they commence the lease extension formalities and pass it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer about this.
My business partner and I are looking to lease a unit on a shopping parade. Can you recommend conveyancers offering fixed charges for commercial conveyancing in Timsbury for under £2000?
We can recommend firms who have well rounded knowledge of commercial conveyancing in Timsbury, including the disposal and purchase of businesses as well as simply property. If you are hoping to acquire or dispose of a shop, pub, restaurant, office, retail unit or a complete business we will put you in touch with the right solicitor. Regarding the fees these will vary based on the structure and complexity of the deal. Please provide us with your details or email so as to enable us to furnish you with comprehensive commercial conveyancing quote.
My husband and I are FTB’s - had an offer accepted, yet the property agent has warned us that the seller will only proceed if we use the agent's recommended lawyers as they are insisting on a ‘quick sale’. Our preferred option is to instruct a family solicitor accustomed to conveyancing in Timsbury
It is highly unlikely the sellers are behind this. If they desire ‘a quick sale', taking such a hostile approach to a motivated purchaser is likely to cause more damage than good. Speak to the vendors direct and make the point that (a)you are genuine purchasers (b)you are excited to move forward, with mortgage lined up © you are chain free (d) you intend to proceed fast (e)however you will continue to appoint your preferred Timsbury conveyancing lawyers - not the ones that will give their estate agent a commission or hit his conveyancing figures pre-set by senior management.