I hired a local lawyer for my conveyancing in Cheshire yesterday. Looking through the Terms it is apparent thatI am responsible for costs even if the sale doesn't happen. Would I be best advised to instruct a web based conveyancing company promoting no move no charge conveyancing in Cheshire?
It is usually a trade off in that if "No Sale No Fee" is advertised then the fee levels will tend to be be uplifted to counteract the transactions that do not go ahead. You should be mindful that these offerings tend not to cover disbursements for example Cheshire conveyancing search charges.
About to place a bid on a leasehold apartment in Cheshire. The estate agents assure me that it is normal for flats in Cheshire to have less than 75 years unexpired on the lease. I am obtaining a mortgage with Platform. Will the property be mortgageable given that the lease has 69 years to go.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Platform have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 10/2/2024 the requirements read as follows :
We are selling our property in Cheshire and according to the buyers it appears that there is a risk of it being built land that was not decontaminated. Any high street Cheshire lawyer would know this is not the case. For the life of me I don't know why the buyers used an internet conveyancing practice rather than a conveyancing solicitor in Cheshire. We have lived in Cheshire for many years we know that this is a non issue. Do we contact our local Authority to seek clarification that the buyers are looking for.
It would appear that you have a conveyancing firm already. Are they able to advise? You need to enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same illness)
I have justfound out that Stirling Law have closed. They carried out my conveyancing in Cheshire for a purchase of a leasehold flat 10 months ago. How can I establish that the property is in my name in the name of the former proprietor?
The quickest method to see if the property is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Cheshire conveyancing specialists.
How does conveyancing in Cheshire differ for new build properties?
Most buyers of new build residence in Cheshire contact us having been asked by the seller to sign contracts and commit to the purchase even before the premises is constructed. This is because developers in Cheshire tend to acquire the land, 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 conveyancers 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 Cheshire or who has acted in the same development.
Due to the advice of my in-laws I had a survey completed on a property in Cheshire prior to retaining lawyers. I have been advised that there is a flying freehold aspect to the house. My surveyor advised that some banks will refuse to give a loan on this type of property.
It varies from the lender to lender. Santander has different requirements for example to Birmingham Midshires. Should you wish to telephone us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Cheshire. Conveyancing will be smoother if you use a solicitor in Cheshire especially if they are accustomed to such properties in Cheshire.