Are there restrictive covenants that are commonly picked up as part of conveyancing in Denbighshire?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Denbighshire. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I am buying a new build flat in Denbighshire. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here is a sample of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Denbighshire
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Forfeiture - bankruptcy or liquidation must not apply under this provision.
Please provide evidence that the form of Lease proposed has been approved by the Land Registry.
Please confirm the Lease plans are surveyor prepared.
Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore.
Yesterday I discovered that there is a flying freehold issue on a property I have offered on two weeks back in what should have been a straight forward, chain free conveyancing. Denbighshire is the location of the property. Can you offer any guidance?
Flying freeholds in Denbighshire are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Denbighshire you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Denbighshire may ascertain 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 residence.
In what way does the Landlord & Tenant Act 1954 affect my commercial premises in Denbighshire and how can you help?
The 1954 Act provides security of tenure to commercial tenants, giving them the right to make a request to court for a renewal lease and continue in occupation when the lease reaches an end. There are certain specified grounds that a landlord can refuse a lease renewal and the rules are involved. Fees are different for commercial conveyancing. Denbighshire is one of our numerous areas of the UK in which the firms we work with are located
I am in the process of purchasing my 1st home in Denbighshire. Conveyancing lawyer already chosen. The mortgage adviser pointed out that a survey is not necessary as the property was only built in 2001.
You would be best advised to take a Home Buyer's Report. As the property was constructed more than a decade ago the property will not come with a warranty, so you would be well advised not to take a risk. For a property that age with no signs of problems a Home Buyer's report could suffice. They will highlight any apparent issues and suggest further investigation where relevant. If there are any indications of material issues obtain a comprehensive Building Survey from the beginning.