In the event thatI were to acquire a simple residential housein Cheshire for cash and have no survey and no local authority searches how much would I expect to to save on my conveyancing in Cheshire?
The only reduction in fees you would make on is the disbursement for searches. The property lawyer still got to do everything else - money laundering, correspond with the sellers lawyer, SDLT submission, register the title etc. A slight saving might be made by not needing to register a charge however it will not be meaningful.
How does conveyancing in Cheshire differ for newly converted properties?
Most buyers of new build or newly converted property in Cheshire approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the premises is finished. This is because builders in Cheshire tend to acquire the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Cheshire or who has acted in the same development.
I am looking for a flat up to £235,500 and found one round the corner in Cheshire I like with a park and railway links in the vicinity, the downside is that it's only got 52 years on the lease. I can't really find anything else in Cheshire in this price bracket, so just wondered if I would be making a mistake buying a short lease?
If you need a mortgage the shortness of the lease will be a potential deal breaker. Discount the offer by the anticipated lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for a minimum of twenty four months you could ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should consult your conveyancing solicitor regarding this matter.
We're new to the buying process - agreed a price, yet the agent told us that the owners will only proceed if we instruct their chosen conveyancers as they need an ‘expedited deal’. We would rather use a local solicitor who is familiar with conveyancing in Cheshire
It is improbable the vendors are driving this. Should the vendor desire ‘a quick sale', taking such a hostile approach to a serious purchaser is going to damage their objectives. Contact the sellers directly and make the point that (a)you are keen to buy (b)you are excited to move forward, with finances arranged © you do not need to sell (d) you intend to proceed fast (e)however you are going to instruct your preferred Cheshire conveyancing solicitors - not the ones that will earn the estate agent a referral fee or hit his conveyancing figures set by head office.
My hope is to acquire a garden apartment in Cheshire. Conveyancing lawyer is awaiting, from the owner, building insurance paperwork. I was told today I was advised that the seller must send the insurance paperwork for the flat above also. Why does my conveyancing practitioner need to review the insurance for the flat above? Is it really required? We have been waiting for the previous 3 weeks…
It is not impossible in leasehold conveyancing in Cheshire to discover Conveyancing in Cheshire in a minority of cases reveals that the lease provides for the leasehold owners to insure their individual flats as opposed to the freeholder insuring the complete property - which is definitely preferable. You should contact your property lawyer but it would appear that your conveyancer is looking to establish that the whole building is insured. Insuring a ground floor residence is no help when it comes to rebuilding after a fire if the 1st floor cannot be reconstructed for lack of insurance cover.