I am intent on selling our home in Chorleywood and the buyers lawyers are claiming that there is a risk of it being built land that was not decontaminated. A local lawyer would know this is not the case. For the life of me I don't know why the buyers used a factory type conveyancing firm rather than a conveyancing solicitor in Chorleywood. We have lived in Chorleywood for many years we know of no issue. Do we contact our local Authority to seek clarification that the buyers are looking for.
It would appear that you have a conveyancing solicitor currently acting for you. What do they say? You must 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 life insurance to cover that same illness)
Have purchased a a terraced house in Chorleywood , how long should it take for the Land Registry to deal with the formalities evidencing the transfer to my name? My Chorleywood conveyancing solicitor has been very slow, so I want to check that my purchase is registered.
There is nothing unique about conveyancing in Chorleywood registration formalities. As opposed to being determined by geographic area, timescales can differ depending on who lodges the application, whether there are errors and if the Land registry communicate with any 3rd persons or bodies. As of today roughly three quarters of such applications are fully addressed within 12 days but occasionally there can be longer hold-ups. Historically registration occurs once the new owner has moved in to the premises therefore an expedited registration is not typically primary concern yet where there is a degree of urgency associated with the registration then you or your conveyancer can communicate with the Registry to express the reasoning for the application to be prioritised.
The estate agent has sent us the confirmation of our purchase of a new build flat in Chorleywood. Conveyancing is a frightening process 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.
Set out below are examples of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Chorleywood
Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? There must be mutual enforceability of lessee’s covenants. 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. Forfeiture - bankruptcy or liquidation must not apply under this provision.
I am a sole trader planning to lease a unit on the high street. Can you recommend solicitors offering competitive fees for commercial conveyancing in Chorleywood for below 1500k?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Chorleywood, including the sale and purchase of businesses as well as simply property. If you are intending to buy or dispose of a shop, pub, restaurant, office, retail premises or a whole business we will put you in touch with the right firm. Regarding the charges these will vary based on the structure and terms of the proposed transaction. Please provide us with your details or telephone us so that we may supply you with comprehensive commercial conveyancing calculation.
Last March I purchased a leasehold flat in Chorleywood. Do I have any liability for service charges for periods before my ownership?
In a situation 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. However, your landlord may still be able to take action to forfeit the lease. A critical element 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).
I have attempted and failed to negotiate with my landlord to extend my lease without getting anywhere. Can the Leasehold Valuation Tribunal decide on such issues? Can you recommend a Chorleywood conveyancing firm to help?
Where there is a missing freeholder or if there is disagreement about what the lease extension should cost, under the relevant statutes you can apply to the LVT to make a decision on the price.
An example of a Lease Extension matter before the tribunal for a Chorleywood premises is Flats 8, 11 and 15 Craigmore Court 46 Murray Road in December 2013. The tribunal held that the price payable by the Applicant tenant of Flat 8 to acquire an extended lease shall be £26,438 plus £1 to the intermediate lessee . The tribunal held that the price payable by the Applicant tenants of Flat 11 to acquire an extended lease shall be £26,791 plus £1 to the intermediate lessee. The tribunal held that the price payable by the Applicant tenant of Flat 15 to acquire an extended lease shall be £26,638 plus £1 to the intermediate lessee . This case was in relation to 3 flats. The unexpired term as at the valuation date was 71 years.
I am purchasing a flat with all finances in place. I have provided lawyer with two distinct proof of photographic identification, bank statement, multiple utility bills. Now he requires a copy from a probate lawyer advising that the money is in place and that it has come from inheritance and not selling fake DVD.
In today’s world you will not be able to complete any Chorleywood conveyancing transaction without first providing evidence of your identity to your lawyers. This usually takes the form of a either your passport or driving licence and a utility bill. Remember if you are providing your driving licence as evidence of ID it must be both the paper part and photo card part, one is not acceptable without the other. Proof of your source of funds is required under Money Laundering Regulations.