Will commercial conveyancing searches reveal proposed roadworks that may affect a commercial estate in Blaby?

Its becoming the norm that commercial conveyancing solicitors in Blaby will perform a SiteSolutions Highways report as it dramatically cuts the time that conveyancers spend in researching accurate data on highways that impact buildings and development assets in Blaby. The search result sets out 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 Blaby.

For every commercial conveyancing transaction in Blaby it is critical 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 Blaby commercial conveyancing transactions as well as present a risk to future plans for the site. These searches are not conducted for residential conveyancing in Blaby.

I'm purchasing my first flat in Blaby with a loan from Leeds Building Society. The builders refused to reduce the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The estate agent advised me not reveal to my conveyancer about this deal as it will affect my loan with Leeds Building Society. Do I keep my lawyer in the dark?.

All lenders require a Disclosure of Incentives Form from the developer 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 have offered on two weeks back in what should have been a simple, no chain conveyancing. Blaby is where the house is located. Can you offer any assistance?

Flying freeholds in Blaby are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Blaby you would need to get your solicitor to go 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 Blaby 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 residence.

Should I instruct a Blaby conveyancing practitioner based in the area that I am purchasing? An old friend can deal with the legal work but they are based a couple of hundredkilometers drive away.

The primary upside of using a high street Blaby conveyancing practice is that you can pop in to execute documents, deliver your ID and pester them where appropriate. Having local Blaby know how is a plus. That being said nothing is more important than finding someone that will do a good and efficient job. If other friends have instructed your friend and the majority were impressed that must outweigh using an unfamiliar Blaby conveyancing solicitor just because they are Blaby based.

Can you provide any advice for leasehold conveyancing in Blaby from the point of view of saving time on the sale process?

• A significant proportion of the frustration in leasehold conveyancing in Blaby can be avoided where you appoint lawyers the minute your agents start advertising the property and request that they start to collate the leasehold documentation which will be required by the purchasers’ solicitors.
In the event that you altered the property did you need the Landlord’s consent? In particular have you installed wooden flooring? Blaby leases often stipulate that internal structural changes or installing wooden flooring necessitate a licence issued by the Landlord acquiescing to such alterations. If you fail to have the consents to hand you should not contact the landlord without checking with your conveyancer in the first instance. The majority of landlords or managing agents in Blaby charge for supplying management packs for a leasehold home. You or your lawyers should discover 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 usual reason for delay in leasehold conveyancing in Blaby. You believe that you know the number of years remaining on your lease but it would be wise to verify this by asking your lawyers. A purchaser's lawyer will not be happy to advise their client to proceed with the purchase of a leasehold property the remaining number of years is under 75 years. It is therefore essential at an as soon as possible that you identify whether the lease term for your property needs extending. If it does, contact your solicitors before you put your home on the market for sale.

I invested in buying a ground floor flat in Blaby, conveyancing formalities finalised in 2012. Can you please calculate a probable premium for a statutory lease extension? Comparable properties in Blaby with a long lease are worth £176,000. The average or mid-range amount of ground rent is £50 invoiced annually. The lease comes to an end on 21st October 2104

With 80 years left to run we estimate the premium for your lease extension to range between £7,600 and £8,800 as well as plus your own and the landlord's "reasonable" professional fees.

The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of detailed investigations. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Neither should you take any other action based on this information before seeking the advice of a professional.