Can the conveyancing solicitors that you recommend conduct right to buy conveyancing in Waterloo?
We work with a number of conveyancing firms who can handle right to buy conveyancing Do call us to obtain a costs calculation.
Why is leasehold purchase conveyancing in Waterloo costs more?
In summary, leasehold conveyancing in Waterloo and elsewhere usually requires extra due diligence compared to freehold conveyancing. This includes analysing the lease terms, communicating with the landlord concerning the service of required notices, obtaining current 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 owners have owned the lease since it was first granted.
Do commercial conveyancing searches disclose proposed roadworks that may impact a commercial site in Waterloo?
Many commercial conveyancing solicitors in Waterloo will conduct 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 Waterloo. The report 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 Waterloo.
For each commercial conveyancing transaction in Waterloo it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately could cause delays to Waterloo commercial conveyancing transactions as well as present a risk to future plans for the site. These searches are not carried out for residential conveyancing in Waterloo.
Me and my brother own a terraced Georgian house in Waterloo. Conveyancing practitioner represented me and Chelsea Building Society. I happened to do a free search for it on the Land Registry database and there are a couple of entries: one for freehold, the second leasehold under the exact same property. I'd like to know for sure, how can I find out??
You need to review 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 Waterloo and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the position with your conveyancing practitioner who conducted the work.
I've recently found out that there is a flying freehold issue on a house I have offered on last month in what should have been a quick, no chain conveyancing. Waterloo is where the house is located. Can you offer any guidance?
Flying freeholds in Waterloo are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Waterloo 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 Waterloo 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 property.
I'm converting the mortgage on my current property to a BTL mortgage with Clydesdale and intend to use the remaining equity as a deposit on further house. The location we are looking at is Waterloo. Will your conveyancers be able to act for the two banks and link together the two deals?
Make use of our comparison tool on this site to ensure that the lawyers are on the appropriate lender panels. Assuming that they are your solicitor will be able to tie up the two transactions but you should have a chat with you lawyer and specify your desired outcome and needs.