Can your site be used to recommend a Conveyancing solicitor in Sevenoaks even if I’m not purchasing or disposing of a house, for instance if I wish to acquire an office in Sevenoaks with a mortgage from Norwich and Peterborough Building Society?
The service is primarily used to select residential conveyancing solicitors in Sevenoaks but we have set out at the end of this page a few Sevenoaks commercial conveyancing firms. You should speak with the company directly to establish if they can also act for Norwich and Peterborough Building Society
Should commercial conveyancing searches reveal impending roadworks that may affect a commercial estate in Sevenoaks?
Many commercial conveyancing solicitors in Sevenoaks will perform a SiteSolutions Highways report as it reduces the time that conveyancers expend in sourcing accurate data on highways that impact buildings and development assets in Sevenoaks. The search result provides definitive information 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 Sevenoaks.
For each commercial conveyancing transaction in Sevenoaks it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately can cause delays to Sevenoaks 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 Sevenoaks.
How does conveyancing in Sevenoaks differ for new build properties?
Most buyers of new build premises in Sevenoaks come to us having been asked by the developer to sign contracts and commit to the purchase even before the house is completed. This is because builders in Sevenoaks usually 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 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 accustomed to new build conveyancing in Sevenoaks or who has acted in the same development.
Yesterday I discovered that there is a flying freehold issue on a house I have offered on last month in what was supposed to be a quick, chain free conveyancing. Sevenoaks is the location of the property. Can you shed any light on this issue?
Flying freeholds in Sevenoaks are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Sevenoaks you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Sevenoaks may determine 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 premises.
In my capacity as executor for the will of my grandmother I am selling a house in Newport but I am based in Sevenoaks. My solicitor (based 260 miles from mehas requested that I execute a statutory declaration ahead of completion. Can you recommend a conveyancing lawyer in Sevenoaks to witness and place their company stamp on the document?
Technically speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Normally any notary public or solicitor will suffice regardless of whether they are located in Sevenoaks
I've recently bought a leasehold property in Sevenoaks. Do I have any liability for service charges for periods before completion of my purchase?
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 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).
I acquired a split level flat in Sevenoaks, conveyancing formalities finalised September 1998. Can you give me give me an indication of the likely cost of a lease extension? Corresponding flats in Sevenoaks with over 90 years remaining are worth £211,000. The ground rent is £50 per annum. The lease runs out on 21st October 2089
With just 68 years unexpired we estimate the premium for your lease extension to span between £9,500 and £11,000 as well as professional fees.
The figure that we have given is a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure in the absence of comprehensive due diligence. You should not use the figures in tribunal or court proceedings. There may be other concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward based on this information before seeking the advice of a professional.