Do commercial conveyancing searches reveal proposed roadworks that may affect a commercial site in Fenstanton?

Its becoming the norm that commercial conveyancing solicitors in Fenstanton will carry out a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in investigating accurate data on highways that impact buildings and development assets in Fenstanton. 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 Fenstanton.

For every commercial conveyancing transaction in Fenstanton it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately could cause delays to Fenstanton commercial conveyancing transactions as well as present a risk to future intentions for the site. These searches are not conducted for residential conveyancing in Fenstanton.

How does conveyancing in Fenstanton differ for new build properties?

Most buyers of new build or newly converted property in Fenstanton contact us having been asked by the builder to sign contracts and commit to the purchase even before the premises is ready to move into. This is because house builders in Fenstanton usually 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 property lawyers 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 accustomed to new build conveyancing in Fenstanton or who has acted in the same development.

We're FTB’s - had an offer accepted, but the estate agent has warned us that the vendor will only issue a contract if we appoint the agent's recommended lawyers as they are insisting on a ‘quick sale’. We would rather use a local conveyancer with experience of conveyancing in Fenstanton

It is improbable the owners are behind this. If they desire ‘a quick sale', alienating a genuine buyer is not the way to achieve this. Speak to the vendors direct and explain that (a)you are genuine buyers (b)you are excited to move forward, with finances arranged © you have nothing to sell (d) you intend to proceed fast (e)however you will continue to instruct your own,trusted Fenstanton conveyancing lawyers - rather thanthe ones that will provide their estate agent a kickback or hit his conveyancing targets demanded by senior management.

I am intending to rent out my leasehold apartment in Fenstanton. Conveyancing solicitor who did the purchase is retired - so can't ask him. Is permission from the freeholder required?

A small minority of properties in Fenstanton do contain a provision to say that subletting is only allowed with permission. The landlord cannot unreasonably withhold but, in such cases, they would need to review references. Experience suggests that problems are usually caused by unsatisfactory tenants rather than owner-occupiers and for that reason you can expect the freeholder to take up the references and consider them carefully before granting consent.

Fenstanton Leasehold Conveyancing - A selection of Queries before Purchasing

Generally speaking the cost for major works tend not to be incorporated into the service charges, albeit that a few managing agents in Fenstanton require tenants to contribute towards a reserve fund created for the specific purpose of building a fund for larger repairs or maintenance. It would be wise to find out as much as possible regarding the company managing the building as they will affect your use and enjoyment of the property. Being a leasehold owner you are often at the mercy of the managing agents both financially and when it comes to every day matters such as the tidiness of the communal areas. Enquire of prospective neighbours what they think of their management. On a final note, investigate as to the dates that the service charges are due to the appropriate party and specifically what it includes. The prefered form of lease structure is a share of the freehold. In this scenario the tenants enjoy being in charge if their destiny and even though a managing agent is often employed if the building is bigger than a house conversion, the managing agent retained by the leaseholders.

Me and my husband are purchasing a leasehold flat in Fenstanton. Conveyancing estimates are averaging around £1650. Is that reasonable?

The average fee in 2014 for conveyancing in Fenstanton was £1,419 not including Land Tax and HMLR charges.