I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Clifton. My lender is Chelsea Building Society
Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 17/3/2025, the requirements read as follows :
What does a local search tell me about the property I am purchasing in Clifton?
Clifton conveyancing often starts with the submitting local authority searches directly from your local Authority or through a personal search organisations for instance Xpress Legal The local search plays a central role in most Clifton conveyancing purchase; as long as you wish to avoid any nasty surprises after you move into your new home. The search will provide information on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic areas.
four months have elapsed following my purchase conveyancing in Clifton took place. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does conveyancing in Clifton differ for new build properties?
Most buyers of new build or newly converted property in Clifton approach us having been asked by the builder to exchange contracts and commit to the purchase even before the property is finished. This is because builders in Clifton tend to buy 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 property lawyers 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 Clifton or who has acted in the same development.
I have been on the look out for a ground for flat up to £245,000 and identified one near me in Clifton I like with open areas and station in the vicinity, however it only has 49 remaining years left on the lease. There is not much else in Clifton suitable, so just wondered if I would be making a grave error purchasing a short lease?
If you require a mortgage that many years will be an issue. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the existing owner has owned the property for at least 2 years you may request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should consult your conveyancing solicitor regarding this.
Back In 2003, I bought a leasehold house in Clifton. Conveyancing and The Royal Bank of Scotland mortgage are in place. I have received a letter from someone claiming to own the freehold. Attached was a ground rent demand for rent dating back to 1992. The conveyancing practitioner in Clifton who previously acted has now retired. Any advice?
First make enquiries of HMLR to make sure that the individual claiming to own the freehold is in fact the new freeholder. You do not need to incur the fees of a Clifton conveyancing practitioner to do this as it can be done on-line for £3. You should note that regardless, even if this is the rightful freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
Clifton Leasehold Conveyancing - A selection of Questions you should ask before Purchasing
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It is important to be aware whether fixing the lift or some other major work is anticipated that will be shared between the tenants and will dramatically increase the the service costs or require a one off invoice. How is the lease structured? How many of the leaseholders are in arrears for their maintenance charge payments?