Due to the encouragement of my in-laws I had a survey completed on a property in Chelmsford before appointing solicitors. I have been told that there is a flying freehold overhang to the property. My surveyor advised that some banks will refuse to give a mortgage on such a property.

It depends who your proposed lender is. HSBC has different requirements from Birmingham Midshires. If you e-mail us we can look into this further with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Chelmsford. Conveyancing will be smoother if you use a solicitor in Chelmsford especially if they regularly deal with such properties in Chelmsford.

What does commercial conveyancing in Chelmsford cover?

Commercial conveyancing in Chelmsford incorporates a broad range of services, provided by qualified solicitors, relating to business premises. For instance, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer 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.

I am 17 days into a freehold purchase having been recommend to solicitors by the local agent to perform conveyancing in Chelmsford. I am am extremely frustrated with the quality of service. Can you help me find new conveyancers?

A conveyancer would need to be really bad in order to consider replacing them. Has the loan offer been issued? In the event that it has you will need to advise them of the replacement conveyancer and have the offer are re-sent. Your solicitor ideally should be on the lenders panel to avoid escalating fees and frustration. That should be your first question of the new lawyers. Our find a solicitor tool will assist you in finding a bank approved conveyancer for your home move in Chelmsford

Can you provide any top tips for leasehold conveyancing in Chelmsford with the purpose of expediting the sale process?

• Much of the delay in leasehold conveyancing in Chelmsford can be avoided if you instruct lawyers the minute your agents start marketing the property and request that they start to put together the leasehold documentation which will be required by the buyers’ representatives.
If there is a history of conflict with your freeholder or managing agents it is essential that these are settled prior to the flat being marketed. The purchasers and their solicitors will be concerned about purchasing a flat where there is a current dispute. You may have to bite the bullet and pay any arrears of service charge or resolve the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You will still have to reveal particulars of the dispute to the purchasers, but it is clearly preferable to reveal the dispute as historic as opposed to ongoing. The majority of freeholders or managing agents in Chelmsford levy fees for supplying management packs for a leasehold premises. You or your lawyers should find out the fee that they propose to charge. The management information sought on or before finding a buyer, thus accelerating the process. The typical amount of time it takes to receive management information is three weeks. It is the most frequent cause of delay in leasehold conveyancing in Chelmsford. You believe that you know the number of years remaining on your lease but it would be advisable double-check via your lawyers. A buyer’s conveyancer will be unlikely to recommend their client to where the lease term is below 80 years. In the circumstances it is essential at an as soon as possible that you consider whether the lease for your property needs extending. If it does, contact your solicitors before you put your premises on the market for sale.

Chelmsford Conveyancing for Leasehold Flats - Examples of Questions you should ask before Purchasing

How long is the Lease? How is the lease structured? It is important to be aware whether changing the roof or some other major work is anticipated that will be shared by the leasehold owners and will dramatically impact the level of the service fees or require a specific invoice.

Can I establish who owns a property in Chelmsford?

Assuming that the property is registered with the Land Registry, and you have the specifics of the location of the property, you will be able to view results from the HM Land Registry of the registered proprietor for a fee.