We were about to retain a conveyancing solicitor in Chatham found by you but have come across alternative costs illustrations via the web look cheaper – why is this?
You can find plenty of conveyancers marketing what appear to be the cheapest conveyancing in Chatham. We would urge you to think long and hard about how important this transaction is to you that you are willing to be penny wise pound foolish in relation to the quality of the conveyancing. Many of them highlight a budget quote to tease you but conceal additional charges in the small print..
Would the conveyancing lawyers listed on your site handle auction conveyancing in Chatham?
We know of a few niche practitioners we can put you in touch with those who can conduct auction conveyancing. Chatham is just one of our locations where our lawyers have offices.
How up to date is your database of Chatham solicitors on the Principality conveyancing panel? Do Principality send you an updated list?
Chatham conveyancing firms themselves provide us confirmation that they are on the Principality conveyancing panel as opposed to being supplied with a list from Principality directly.
Should my conveyancer be raising enquiries regarding flooding as part of the conveyancing in Chatham.
The risk of flooding is if increasing concern for solicitors conducting conveyancing in Chatham. Plenty of people will acquire a house in Chatham, completely aware that at some time, it may suffer from flooding. However, leaving to one side the physical damage, where a house is at risk of flooding, it may be difficult to get a mortgage, suitable insurance cover, or sell the premises. Steps can be carried out during the course of a property purchase to forewarn the buyer.
Conveyancers are not qualified to offer advice on flood risk, however there are a various searches that may be carried out by the buyer or by their solicitors which should give them a better understanding of the risks in Chatham. The conventional set of property information forms sent to a buyer’s lawyer (where the Conveyancing Protocol is adopted) contains a usual inquiry of the vendor to determine whether the property has suffered from flooding. If the residence has been flooded in past and is not notified by the vendor, then a buyer could bring a claim for damages stemming from an misleading reply. The buyer’s lawyers should also conduct an enviro report. This should higlight if there is any known flood risk. If so, more detailed investigations should be initiated.
About to purchase a new build apartment in Chatham. 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 is a sample of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Chatham
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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. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. There must be mutual enforceability of lessee’s covenants. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore.
Last July I purchased a leasehold flat in Chatham. Am I liable to pay service charges relating to a period prior to my ownership?
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 ensure 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).
Leasehold Conveyancing in Chatham - Examples of Questions you should ask Prior to buying
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It is important to be aware if redecorating or some other major work is anticipated to be shared amongst the leaseholders and could well materially impact the level of the maintenance fees or result in a one time invoice. For many Chatham leaseholds the outlay for major works tend not to be wrapped into the maintenance charges, albeit that some managing agents in Chatham ask leaseholders to contribute towards a reserve fund created for the specific purpose of building a fund for larger works.