Our Datchet lawyer has spotted a difference when comparing the assumptions in the valuation report and what is in the title deeds. My lawyer informs me that he is duty bound to check that the lender is OK with this discrepancy and is content to go ahead. Is my lawyer’s approach correct?
Your lawyer must comply with the UK Finance Lenders’ Handbook provisions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
Can I use your services to recommend a Conveyancing solicitor in Datchet even if I’m not purchasing or selling a house, for example if I wish to acquire an office in Datchet with a mortgage from Bank of Ireland?
Our search tool is mainly there to find domestic conveyancing solicitors in Datchet but we have listed towards the end of this page some Datchet commercial conveyancing firms. You should speak with the firm directly to check if they can also act for Bank of Ireland
I am intent on selling our house in Datchet and according to the buyers it appears that there is a risk of it being built land that was not decontaminated. Any local lawyer would know that there is no such problem. For the life of me I don't know why the buyers instructed an internet conveyancing firm rather than a conveyancing solicitor in Datchet. We have lived in Datchet for 4 years we know that this is a non issue. Should we contact our local Authority to seek confirmation need.
It sounds as though you may have a conveyancing solicitor already. 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)
About to purchase a new build apartment in Datchet. 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 selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Datchet
The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. There must be mutual enforceability of lessee’s covenants. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.
We're novice buyers - agreed a price, yet the selling agent has warned us that the seller will only issue a contract if we use the agent's preferred solicitors as they are insisting on an ‘expedited deal’. We would rather use a local conveyancer accustomed to conveyancing in Datchet
We suspect that the owner is unaware of this ultimatum. Should the vendor want ‘a quick sale', turning down a serious buyer is counter productive. Speak to the vendors direct and explain that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you do not need to sell (d) you wish to move quickly (e)however you will continue to use your own,trusted Datchet conveyancing solicitors - rather thanthose that will earn their estate agent a kickback or meet his conveyancing figures set by senior management.
Last June I purchased a leasehold property in Datchet. Do I have any liability for service charges for periods before my ownership?
Where the service charge has already been demanded from the previous owner 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. It is an essential part of leasehold conveyancing for your conveyancer to be sure 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).
Datchet Conveyancing for Leasehold Flats - Examples of Questions you should ask before buying
How is the lease structured? It would be sensible to discover as much as you can about the company managing the block as they can either make your living at the property much simpler or uncomfortable. As the owner of a leasehold property you are often in the clutches of the managing agents from a financial perspective and when it comes to daily issues like the cleanliness of the common parts. Enquire of other people whether they are happy with their management. On a final note, find out the dates that you are obliged pay the service charge to the relevant party and precisely what you get for your money. It would be wise to investigate if there are any onerous prohibitions in the lease. By way of example it is fairly common in Datchet leases that pets are not allowed in certain buildings in Datchet. If you like the flatin Datchet but your cat can’t make the move with you then you will be faced hard determination.