Should commercial conveyancing searches disclose planned roadworks that may impact a commercial estate in Consett?

Many commercial conveyancing solicitors in Consett will order a SiteSolutions Highways report as it reduces the time that conveyancers spend in looking into accurate data on highways that impact buildings and development assets in Consett. The report provides definitive data 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 Consett.

For each commercial conveyancing transaction in Consett it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately can result in delays to Consett commercial conveyancing deals as well as present a risk to future plans for the site. These searches are not ordered for residential conveyancing in Consett.

I'm purchasing my first flat in Consett with a loan from Norwich and Peterborough Building Society. The developers would not budge the amount so I negotiated five thousand pounds worth of additionals instead. The property agent advised me not reveal to my lawyer about the side-deal as it will jeopardize my mortgage with the bank. Do I keep my lawyer in the dark?.

All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

Yesterday I discovered that there is a flying freehold issue on a house I put an offer in a fortnight ago in what should have been a simple, chain free conveyancing. Consett is where the house is located. Can you offer any advice?

Flying freeholds in Consett are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Consett you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Consett may decide 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.

How does the Landlord & Tenant Act 1954 affect my commercial property in Consett and how can you help?

The particular law that you refer to gives protection to business lessees, giving them the a statutory right to make a request to court for a continuation of occupancy at the end of the lease term. There are limited grounds where a landlord can refuse a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing solicitors who use the act for protection and help with commercial conveyancing in Consett

I bought a flat in Consett last 30/5/2024 and to date it is still not recorded with HMLR. It was part of a development site and my property lawyer told me that it can take 12 months to complete the registration formalities. I have spoken with the Land Registry directly and they say that the initial application was cancelled due to failure to reply to requisitions. What can I do?

Call your conveyancing practitioner - Where you are unsatisfied with the responses, enquire as to their firm’s complaints protocol and amplify your concerns to a Complaints Manager. Registrations for Consett conveyancing are not known to be especially complex.