Should commercial conveyancing searches reveal proposed roadworks that could impact a commercial premises in Chertsey?
Many commercial conveyancing solicitors in Chertsey 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 Chertsey. The search result provides definitive information 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 Chertsey.
For every commercial conveyancing transaction in Chertsey 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 result in delays to Chertsey commercial conveyancing transactions as well as pose a risk to future intentions for the site. These searches are not carried out for domestic conveyancing in Chertsey.
The estate agent has sent us the confirmation of our purchase of a new build flat in Chertsey. Conveyancing is daunting 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 legal work.
Here are examples of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Chertsey
-
The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Forfeiture - bankruptcy or liquidation must not apply under this provision.
In what way does the Landlord & Tenant Act 1954 impact my business offices in Chertsey and how can your lawyers assist?
The 1954 Act gives protection to commercial tenants, granting the right to make a request to court for a new lease and remain in occupation at the end of the lease term. There are limited grounds where a landlord can refrain from granting a lease renewal and the rules are involved. Fees are different for commercial conveyancing. Chertsey is one of our numerous locations in which the firms we work with have offices
I need to instruct a conveyancing solicitor in Chertsey for my home move. Can I review a solicitor's record with the profession’s regulator?
Members of the public may see published Solicitor Regulator Association (SRA) determinations arising from inquisitions started on or after Jan 2008. Go to Check a solicitor's record. To find records about the period before 1 January 2008, or to check a firm's history, ring 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, use +44 (0)121 329 6800. The SRA may recorded call for training purposes.
We are midway through buying a residence in Chertsey. Conveyancing solicitor has phoned to say the title is "Leasehold". Will this likely make a difference on the salability of the house?
Chertsey conveyancing does not usually involve leasehold houses. The main factor here is the remaining lease term and the ground rent. If it's 999 years with a peppercorn rent, it's virtually freehold, so it shouldn't impact the value too much.
On the flip side, if it's, say, fifty five years it will have a material effect on the saleability, and probably wouldn't be mortgageable. The remaining lease term and ground rent will be set out in the lease which should be made available to your property lawyer.