Should commercial conveyancing searches reveal impending roadworks that could impact a commercial premises in Bromley Common?
Its becoming the norm that commercial conveyancing solicitors in Bromley Common will conduct 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 Bromley Common. The search result 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 Bromley Common.
For every commercial conveyancing transaction in Bromley Common it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately could result in delays to Bromley Common commercial conveyancing transactions as well as present a risk to future intentions for the site. These searches are not conducted for residential conveyancing in Bromley Common.
I decided to have a survey completed on a house in Bromley Common ahead of appointing solicitors. I have been informed that there is a flying freehold element to the property. My surveyor has said that some lenders will refuse to issue a loan on this type of property.
It varies from the lender to lender. Santander has different instructions for example to Halifax. Should you wish to telephone us we can look into this further via the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Bromley Common. Conveyancing will be smoother if you use a solicitor in Bromley Common especially if they are accustomed to such properties in Bromley Common.
I'm refinancing my current house to a BTL loan with Lloyds TSB Bank and intend to use the remaining equity as a deposit on further house. The area we are looking at is Bromley Common. Will your solicitors be able to act for both sets of banks and link together the two deals?
Make use of our search tool on this site to check that the lawyers are approved by both lenders. Having checked that they are your conveyancer should be able to simultaneously deal with the two transactions but you should have a chat with you conveyancer and make apparent your desired outcome and needs.
My father has recommend that I appoint his conveyancing solicitors in Bromley Common. Do I follow his advice?
Much as we are happy to recommend a Bromley Common conveyancing lawyer the ideal way to find a conveyancing solicitor is to have feedback from friends or family who have used the conveyancer that you are considering.
I am hoping to complete next month on a leasehold property in Bromley Common. Conveyancing lawyers have said that they report fully next week. What should I be looking out for?
The report on title for your leasehold conveyancing in Bromley Common should include some of the following:
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Repair and maintenance of the premises Specifying your legal entitlements in relation to the communal areas in the building.E.G., does the lease contain a right of way over an accessway or hallways? Ground rent - what is due and what the invoice dates are, and also know whether this will change in the future How long the lease is. You should be advised as what happens when the lease ends, and aware of the importance of the 80 year mark The landlord’s rights to access the flat. You should be made aware that your landlord has rights of access as well as be informed how much notice must be provided.
After months of negotiations we are unable to agree with our landlord on how much the lease extension should cost for our flat in Bromley Common. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Most certainly. We are happy to put you in touch with a Bromley Common conveyancing firm who can help.
An example of a Lease Extension decision for a Bromley Common property is 1 Southlands Court Southlands Road in September 2013. The Leasehold Valuation Tribunal determined that the premium to be paid by the tenant on the grant of a new lease, in accordance with section 56 and Schedule 13 of the Leasehold Reform, Housing and Urban Development Act 1993 was £30,541 This case affected 1 flat. The unexpired term as at the valuation date was 50.57 years.