Should commercial conveyancing searches disclose planned roadworks that could affect a commercial land in Leicestershire?
Many commercial conveyancing solicitors in Leicestershire will order a SiteSolutions Highways report as it reduces the time that conveyancers invest in sourcing accurate data on highways that impact buildings and development assets in Leicestershire. The report 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 Leicestershire.
For every commercial conveyancing transaction in Leicestershire it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately may result in delays to Leicestershire commercial conveyancing deals as well as present a risk to future intentions for the site. These searches are not conducted for domestic conveyancing in Leicestershire.
It has been 3 months since my purchase conveyancing in Leicestershire concluded. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £180,000. 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 residence 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.
I am buying my first flat in Leicestershire benefiting from help to buy. The developers would not reduce the amount so I negotiated 6k of fixtures and fittings instead. The sale representative told me not to tell my conveyancer about this extras as it will impact my loan with the bank. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Due to the guidance of my in-laws I had a survey completed on a property in Leicestershire prior to instructing lawyers. I have been informed that there is a flying freehold element to the house. The surveyor advised that some lenders will not issue a loan on a flying freehold premises.
It varies from the lender to lender. Santander has different requirements from Halifax. Should you wish to telephone us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Leicestershire. Conveyancing may be slightly more expensive based on your lender's requirements.
I am a sole trader looking to take over a lease of a shop on the high street. Can you recommend solicitors offering fixed costs for non-domestic conveyancing in Leicestershire for less than £1,200?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Leicestershire, including the disposal and purchase of businesses as well as simply property. Whether you are looking to acquire or dispose of a shop, pub, restaurant, office, retail premises or a whole business we will find you the right solicitor. As for the charges this will depend on the structure and terms of the proposed transaction. Let us have your details or call us so that we may furnish you with comprehensive commercial conveyancing quote.
We're novice buyers - had an offer accepted, yet the agent has warned us that the seller will only go ahead if we use their recommended conveyancers as they want an ‘expedited deal’. Our preferred option is to instruct a local solicitor accustomed to conveyancing in Leicestershire
We suspect that the seller is unaware of this requirement. If they desire ‘a quick sale', taking such a hostile approach to a serious purchaser is not the way to achieve this. Speak to the vendors direct and explain that (a)you are keen to buy (b)you are ready to go, with finances arranged © you are chain free (d) you intend to proceed fast (e)but you will continue to appoint your own,trusted Leicestershire conveyancing lawyers - not the ones that will provide their negotiator at the agency a introducer fee or achieve conveyancing thresholds set by senior management.