Should commercial conveyancing searches disclose impending roadworks that could impact a commercial site in Stamford Hill?
Many commercial conveyancing solicitors in Stamford Hill will carry out a SiteSolutions Highways report as it reduces the time that conveyancers expend in investigating accurate data on highways that impact buildings and development assets in Stamford Hill. The report sets out 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 Stamford Hill.
For each commercial conveyancing transaction in Stamford Hill it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately could result in delays to Stamford Hill commercial conveyancing deals as well as pose a risk to future intentions for the site. These searches are not carried out for domestic conveyancing in Stamford Hill.
My wife and I purchased a terraced Victorian house in Stamford Hill. Conveyancing solicitor represented me and Birmingham Midshires. I happened to do a free search for it on the Land Registry database and there are two entries: one for freehold, the second leasehold with the exact same address. I'd like to know for sure, how can I find out??
You should read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Stamford Hill and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the position with the conveyancing solicitor who conducted the conveyancing.
Over the last few months I have been searching for a ground for flat up to £195,000 and identified one round the corner in Stamford Hill I like with amenity areas and transport links nearby, the downside is that it only has 61 years on the lease. There is not much else in Stamford Hill suitable, so just wondered if I would be making a mistake purchasing a lease with such few years left?
If you need a home loan the shortness of the lease will likely be a potential deal breaker. Discount the price by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for a minimum of 2 years you may ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should consult your conveyancing solicitor about this.
What does commercial conveyancing in Stamford Hill cover?
Commercial conveyancing in Stamford Hill covers a broad range of guidance, offered by qualified solicitors, relating to business property. For example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.
If all goes to plan we aim to complete the sale of our £150,000 flat in Stamford Hill in just under a week. The landlords agents has quoted £384 for Landlord’s certificate, building insurance schedule and 3 years statements of service charge. Is the landlord entitled to charge such fees for a flat conveyance in Stamford Hill?
Stamford Hill conveyancing on leasehold apartments usually involves the purchaser’s lawyer sending questions for the landlord to answer. Although the landlord is not legally bound to answer these enquiries the majority will be willing to do so. They may levy a reasonable administration fee for responding to enquiries or supplying documentation. There is no set fee. The average fee for the paperwork that you are referring to is over three hundred pounds, in some cases it is above £800. The management information fee invoiced by the landlord must be sent together with a summary of rights and obligations in relation to administration fees, without which the invoice is not strictly payable. Reality however dictates that you have little choice but to pay whatever is requested of you if you want to sell the property.
I have given up negotiating a lease extension in Stamford Hill. Can the Leasehold Valuation Tribunal adjudicate on premiums?
Absolutely. We are happy to put you in touch with a Stamford Hill conveyancing firm who can help.
An example of a Lease Extension decision for a Stamford Hill premises is Flat 25, Stamford Hill Mansions Stamford Hill in April 2010. The Tribunal therefore determined that the premium to be paid by the lessee to the freeholder for the extension of the lease should be £28,984.00 This case affected 1 flat. The remaining number of years on the lease was 59 years.
My a decade ago. He has been married, divorced and is now married again. He will be marketing the property in a couple of months. I think he will simply be requested to supply copies of his marriage certificates to the solicitor however he is anxious it could frustrate the home sale. Should he instruct a solicitor to update the land title details for the property?
The is no need to update the register on the basis that you have the proof required to demonstrate how the change of name has come about.
Any buyer’s property lawyer should review the title information and ask for evidence by way of proof of the change of name for instance marriage certificates.