Should commercial conveyancing searches reveal impending roadworks that may affect a commercial land in Marsden?

Many commercial conveyancing solicitors in Marsden will carry out a SiteSolutions Highways report as it reduces the time that conveyancers invest in investigating accurate data on highways that impact buildings and development assets in Marsden. 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 Marsden.

For each commercial conveyancing transaction in Marsden it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately can cause delays to Marsden commercial conveyancing transactions as well as present a risk to future intentions for the site. These searches are not ordered for residential conveyancing in Marsden.

I've recently found out that there is a flying freehold issue on a property I have offered on last month in what should have been a quick, chain free conveyancing. Marsden is the location of the property. Can you shed any light on this issue?

Flying freeholds in Marsden are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Marsden you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Marsden 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 premises.

Taking into account that I am about to part with 450k on a house in Marsden I wish to have a conversation with the solicitor about myconveyancing in advance of instructing the firm. Can this be arranged?

This is something that we encourage - it is our preference to talk to you we do not take any clients on without you liaising with the conveyancer who will be conducting your conveyancing in Marsden.There is no ‘factory style conveyancing’ - each client is an important person, not a file reference. The solicitors that we put you in touch with believe that the figure you are calculated and presented to you for your conveyancing in Marsden should be the figure that you are charged.

I've found a house that seems to tick a lot of boxes, at a great price which is making it more attractive. I have subsequently found out that it's a leasehold rather than freehold. I would have thought that there are particular concerns purchasing a house with a leasehold title in Marsden. Conveyancing solicitors have are soon to be instructed. Will my lawyers set out the implications of buying a leasehold house in Marsden ?

Most houses in Marsden are freehold rather than leasehold. In this scenario it’s worth having a local conveyancer used to dealing with such properties who can help the conveyancing process. We note that you are purchasing in Marsden in which case you should be looking for a Marsden conveyancing practitioner and be sure that they are used to dealing with leasehold houses. As a matter of priority you will need to check the number of years remaining. As a leaseholder you will not be entirely free to do whatever you want with the house. The lease will likely included provisions such as obtaining the freeholder’sconsent to carry out changes to the property. You may also be required to pay a contribution towards the maintenance of the estate where the house is located on an estate. Your solicitor should appraise you on the various issues.

I purchased a leasehold flat in Marsden, conveyancing formalities finalised 6 years ago. How much will my lease extension cost? Similar flats in Marsden with over 90 years remaining are worth £185,000. The ground rent is £65 charged once a year. The lease ceases on 21st October 2085

With 61 years unexpired the likely cost is going to be between £18,100 and £20,800 plus professional fees.

The figure that we have given is a general guide to costs for extending a lease, but we are not able to supply a more accurate figure without more detailed due diligence. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Neither should you move forward based on this information before seeking the advice of a professional.

Our lender agreed in principle to issue us a mortgage. We have retained a reputable conveyancer in Marsden last week. A couple of hours ago, our financial adviser phoned to advise us that the mortgage company said that we cannot use our solicitor as they aren't on their 'approved list'. As FTB's, we had no idea that the lender had a say Is this legal?

You can actually choose any lawyer you prefer to use including the said conveyancer in Marsden nevertheless if your lender aren't happy with them you will have to fork out additional cost so your bank can instruct their own solicitors as well to protect their interest. It may be possible your preferred conveyancing firm to get included on to the bank list of approved firms. You can use internet search facilities such as lenderpanel.com to find a conveyancing solcitor in Marsden on the lender panel. You can go into your high street bank branch in Marsden. They can recommend conveyancing solicitors in Marsden on the approved list.