I am under pressure from the owner of a property in Meopham to complete within four weeks. What can I do to expedite matters?
In the event that the seller is applying a tight deadline to complete we would recommend that your solicitor is familiar with the location as they will have local contacts and intelligence. It is even conceivable that they would have transacted otherhouses in the same street. Therefore consider using a Meopham conveyancing solicitor. Second, check that the conveyancing firm is on the on the approved list for your mortgage company. It is claimed that nearly one in five of Meopham conveyancing transactions are frustrated or jeopardised after finding out that a purchaser’s conveyancer was not on their banks member panel. This can often result in the buying process being held up by almost 21 days. It is claimed that this issue impacts in the region of one hundred thousand home moves every year. Many Meopham conveyancing practices can not represent certain lenders so do check at the outset.
Can you explain why leasehold purchase conveyancing in Meopham is more expensive?
In short, leasehold conveyancing in Meopham and Kent usually warrants more hours of investigation compared to freehold conveyancing. This includes lease investigation, corresponding with the landlord about serving required notices, securing up-to-date service charge and management information, securing the landlord’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – no matter how many different proprietor have owned the lease since it was first entered into.
Should commercial conveyancing searches reveal proposed roadworks that could affect a commercial property in Meopham?
Its becoming the norm that commercial conveyancing solicitors in Meopham will perform a SiteSolutions Highways report as it dramatically cuts the time that conveyancers spend in looking into accurate data on highways that impact buildings and development assets in Meopham. The report sets out 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 Meopham.
For each commercial conveyancing transaction in Meopham it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately could cause delays to Meopham commercial conveyancing transactions as well as present a risk to future intentions for the site. These searches are not carried out for domestic conveyancing in Meopham.
I've recently found out that there is a flying freehold issue on a house I put an offer in last month in what was supposed to be a simple, no chain conveyancing. Meopham is where the house is located. Can you offer any assistance?
Flying freeholds in Meopham are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Meopham you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Meopham may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
I have been advised by numerous estate agents in Meopham to select a conveyancer on your site. What’s the financial inducement for Estate Agents to market your services rather than a competitor’s?
We don’t give any financial incentive for sending work our way. We thought it would be too underhand to pay a commission as members of the public would think, ‘How come the agent getting a kickback? Why aren’t I getting any benefit too?’ So we decided to step away from that.
There are numerous houses in Meopham on unadopted roads. We are buying such a house. Are there any benefits to purchasing a property on a private road?
Meopham conveyancing solicitors are well versed in transacting propertieson unadopted roads. Your solicitor will review the Land Registry data to find any rights or liabilities. In many cases there is a residents association that residents pay into to maintain the road. Where there is one, the road will likely be maintained and appear nicer than publicly adopted.