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Recently asked questions about conveyancing in Long Eaton

Do commercial conveyancing searches reveal proposed roadworks that could affect a commercial land in Long Eaton?

Its becoming the norm that commercial conveyancing solicitors in Long Eaton will order a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in researching accurate data on highways that impact buildings and development assets in Long Eaton. 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 Long Eaton.

For every commercial conveyancing transaction in Long Eaton it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately could result in delays to Long Eaton commercial conveyancing deals as well as present a risk to future intentions for the site. These searches are not ordered for domestic conveyancing in Long Eaton.

3 months have gone by since my purchase conveyancing in Long Eaton took place. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £215,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

Due to the advice of my in-laws I had a survey completed on a property in Long Eaton in advance of instructing lawyers. I have been told that there is a flying freehold element to the house. My surveyor has said that some lenders tend not give a mortgage on a flying freehold home.

It depends who your proposed lender is. Santander has different requirements from Birmingham Midshires. Should you wish to call us we can look into this further with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Long Eaton. Conveyancing will be smoother if you use a solicitor in Long Eaton especially if they are familiar with such properties in Long Eaton.

In sourcing the world wide web for the words cheap conveyancing in Long Eaton it brings up many property lawyersin the area. With so much choice what is the best way to find the right conveyancer for the sale of my house?

The ideal way of finding the right conveyancer is via trusted testimonial, so seek the opinion of friends and relatives who have bought a property in Long Eaton or the local estate agent or financial adviser. Costs for conveyancing in Long Eaton vary, so it's a good idea to request a minimum of four fee estimates from varying types of conveyancers. Be sure to seek confirmation that the fees are fixed.

In relation to leasehold conveyancing in Long Eaton what are the most common lease problems?

Leasehold conveyancing in Long Eaton is not unique. All leases are drafted differently and drafting errors can result in certain sections are missing. For example, if your lease is missing any of the following, it could be defective:

    Maintenance charge proportions which don’t add up to the correct percentage

You could encounter difficulties when selling your property if you have a defective lease primarily because it impacts on the ability to obtain a mortgage on the property. Halifax, The Royal Bank of Scotland, and Barclays Direct all have very detailed requirements when it comes to what is expected in a lease. If a mortgage lender believes that the lease is defective they may refuse to provide security, forcing the buyer to pull out.

Leasehold Conveyancing in Long Eaton - A selection of Queries before Purchasing

    Be sure to investigate if the the lease includes any unreasonable restrictions in the lease. By way of example it is reasonably common in Long Eaton leases that pets are not allowed in certain buildings in Long Eaton. If you like the propertyin Long Eaton however your cat can’t move with you then you will be presented with a hard choice. Does the lease include onerous restrictions? This question is important as a) areas could cause problems for the block as the common areas may start to deteriorate where maintenance remain unpaid b) if the tenants have a dispute with the managing agents you will need to have complete disclosure

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Find out more about how flying freehold can affect your the value of a property.