Do the conveyancing solicitors that you recommend carry out conveyancing in Ellesmere Port by way of an attended exchange?
There are a few conveyancing specialists carrying out one day exchanges. You should e-mail us to get a conveyancing quote and details as to dates.
My wife and I have recently appointed a conveyancing solicitor in Ellesmere Port. I I am struggling to find out whether they are accepted on the Chelsea Building Society approved list of lawyers. Can you help?
The first thing to do is contact your lawyer and enquire if they are on the lender panel. Alternatively you should call Chelsea Building Society who may be able to confirm.
Do commercial conveyancing searches disclose proposed roadworks that may affect a commercial land in Ellesmere Port?
Many commercial conveyancing solicitors in Ellesmere Port will order a SiteSolutions Highways report as it dramatically cuts the time that conveyancers spend in sourcing accurate data on highways that impact buildings and development assets in Ellesmere Port. The search result provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Ellesmere Port.
For each commercial conveyancing transaction in Ellesmere Port it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately may cause delays to Ellesmere Port commercial conveyancing deals as well as present a risk to future intentions for the site. These searches are not carried out for domestic conveyancing in Ellesmere Port.
How does conveyancing in Ellesmere Port differ for newly converted properties?
Most buyers of new build premises in Ellesmere Port contact us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the premises is constructed. This is because new home sellers in Ellesmere Port tend to purchase 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 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 Ellesmere Port or who has acted in the same development.
In relation to leasehold conveyancing in Ellesmere Port what are the most common lease problems?
Leasehold conveyancing in Ellesmere Port is not unique. Most leases are unique and drafting errors can result in certain clauses are wrong. For example, if your lease is missing any of the following, it could be defective:
Maintenance charge proportions which don’t add up to the correct percentage
A defective lease can cause issues when trying to sell a property as they can affect a potential buyer’s ability to obtain a mortgage. Barclays , Virgin Money, and Alliance & Leicester all have express requirements when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is defective they may refuse to grant the mortgage, forcing the purchaser to withdraw.
Ellesmere Port Leasehold Conveyancing - Sample of Queries Prior to Purchasing
How much is the ground rent and service charge? It is important to be aware if a new roof is being installed or some other major work is pending that will be shared by the leaseholders and could well materially increase the the service fees or result in a one off payment. Who are the managing agents?
My conveyancers in Ellesmere Port have advised me that they can not locate my conveyancing file. At the time of my purchase I took out a mortgage with the mortgage company. Is it case that being on the bank conveyancing panel they need to have retained the file for a number of years?
Different lenders have different requirements but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the mortgage company Conveyancing Panel Terms. It might be worth you contacting the lender directly.