My fiancee and I are purchasing our first home. Our conveyancing practitioner has messagedto check if we want to purchase extra conveyancing searches. We are really unsure what's relevant for conveyancing in Ravenshead
The scope of Ravenshead conveyancing searches should be dictated primarily on the premises, the location, the possibility of any of these risks, your familiarity of the area and risks, your overall appetite to risk. What is important is that you adequately appreciate what information the searches could give you. Then you can decide if you personally think you need that information. Where you are unclear, ask the conveyancing practitioner to recommend.
Can you clarify what the consequences are if my solicitor is removed from the Kent Reliance Solicitor panel ahead of completing my conveyancing in Ravenshead?
First, this is a very rare occurrence. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
I have justbeen informed that Wolstenholmes have closed. They carried out my conveyancing in Ravenshead for a purchase of a freehold house 9 months ago. How can I be sure that my home is registered correctly in the name of the former proprietor?
The easiest way to see if the premises is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Ravenshead conveyancing specialists.
How does conveyancing in Ravenshead differ for new build properties?
Most buyers of new build premises in Ravenshead contact us having been asked by the seller to sign contracts and commit to the purchase even before the property is completed. This is because developers in Ravenshead usually acquire the site, 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 conveyancers 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 used to new build conveyancing in Ravenshead or who has acted in the same development.
My company is looking to lease a unit on a shopping parade. Can you recommend solicitors offering no-sale-no fees for non-domestic conveyancing in Ravenshead for less than 2k?
We are happy to recommend firms who have well rounded knowledge of commercial conveyancing in Ravenshead, including the disposal and purchase of businesses as well as simply property. If you are looking to purchase or sell a shop, pub, restaurant, office, retail premises or a complete business we can put you in touch with the right solicitor. As for the fees this will depend on the structure and heads of terms of the deal. Please provide us with your details or email us so that we can supply you with comprehensive commercial conveyancing calculation.
I've recently bought a leasehold house in Ravenshead. Am I liable to pay 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. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to ensure 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).
Ravenshead Leasehold Conveyancing - Examples of Queries before buying
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Many Ravenshead leasehold flats will be liable to pay a service charge for the upkeep of the building set by the landlord. Should you acquire the property you will have to pay this liability, usually periodically during the year. This may differ from a couple of hundred pounds to thousands of pounds for bigger purpose-built blocks. There will also be a ground rent for you to pay yearly, ordinarily this is not a significant figure, say approximately £50-£100 but you should to check as on occasion it could be many hundreds of pounds. Are any of leasehold owners in arrears of their service charge liability? Be sure to discover if there is anything that is prohibited in the lease. By way of example it is fairly common in Ravenshead leases that pets are not permitted in in a block in Ravenshead. If you like the propertyin Ravenshead however your cat can’t make the move with you then you will be presented with a difficult choice.