A friend advised me that if I am buying in Cheam I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is occasionally included in the estimate for your Cheam conveyancing searches. It is a large report of about 40 pages, listing and setting out important information about Cheam around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Cheam 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 about Cheam.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Cheam?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Cheam. 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 Cheam differ for new build properties?
Most buyers of new build property in Cheam approach us having been asked by the developer to exchange contracts and commit to the purchase even before the residence is finished. This is because house builders in Cheam tend to buy 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 conveyancing solicitors 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 used to new build conveyancing in Cheam or who has acted in the same development.
How do I use your search app to find a conveyancing solicitor in Cheam on the panel for my bank?
Step one is to select a mortgage company such as Birmingham Midshires, Chelsea Building Society or TSB then specify your preferred area such as Cheam. Conveyancing practices in Cheam and across England and Wales will then be listed.
What advice can you give us when it comes to appointing a Cheam conveyancing firm to carry out our lease extension conveyancing?
If you are instructing a solicitor for your lease extension (regardless if they are a Cheam conveyancing practice) it is essential that he or she should be familiar with the legislation and specialises in this area of conveyancing. We advise that you make enquires with several firms including non Cheam conveyancing practices before you instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions could be helpful:
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Can they put you in touch with clients in Cheam who can give a testimonial? How familiar is the practice with lease extension legislation?
Following months of negotiations we are unable to agree with our landlord on how much the lease extension should cost for our flat in Cheam. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
in cases where there is a missing freeholder or where there is dispute about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the Leasehold Valuation Tribunal to judgment on the sum to be paid.
An example of a Lease Extension case for a Cheam residence is 33 The Maisonettes Alberta Avenue in June 2014. the Tribunal decided that the premium payable for the grant of a new lease be the sum of £20,680 (Twenty Thousand six hundred and eighty pounds). This case affected 1 flat. The unexpired term as at the valuation date was 60.43 years.
There are numerous houses in Cheam on unadopted lanes. We are acquiring one such house. What are the advantages and disadvantages of purchasing a residence on a private road?
Cheam conveyancing lawyers are used to dealing houseson private. Your solicitor should investigate title to find any rights or liabilities. In many cases there is a residents association that owners make annual payments to maintain the road. Where one exists, the road should be maintained and appear better than council owned.