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Ready to buy a new home in Fleetwood? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Fleetwood home move at risk of delay or failure.

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Recently asked questions about conveyancing in Fleetwood

Having sold my house in Fleetwood last June yet the purchaser is e-mailing every few hours complaining that his lawyer needs to hear from myconveyancer. What should have happened now that I have sold?

After completion of your disposal your conveyancer is obliged to forward the transfer deeds and all supplemental paperwork to the buyer’s solicitors. Where relevant, your lawyer should also evidence that the mortgage has been repaid to the purchasers solicitors. There is unlikely to be post completion formalities specific conveyancing in Fleetwood.

Do commercial conveyancing searches reveal proposed roadworks that could impact a commercial site in Fleetwood?

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

For each commercial conveyancing transaction in Fleetwood it is crucial 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 Fleetwood commercial conveyancing transactions as well as pose a risk to future plans for the site. These searches are not conducted for residential conveyancing in Fleetwood.

Are there restrictive covenants that are commonly identified as part of conveyancing in Fleetwood?

Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Fleetwood. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

Yesterday I discovered that there is a flying freehold element on a house I have offered on last month in what was supposed to be a straight forward, no chain conveyancing. Fleetwood is the location of the property. Can you shed any light on this issue?

Flying freeholds in Fleetwood are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Fleetwood you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Fleetwood may ascertain 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 property.

I am looking at a couple of flats in Fleetwood which have approximately forty five years unexpired on the lease term. Do I need to be concerned?

A lease is a right to use the property for a prescribed time frame. As the lease gets shorter the marketability of the lease deteriorates and results in it becoming more expensive to extend the lease. This is why it is advisable to extend the lease term. More often than not it is difficulties arise selling premises with a short lease because mortgage lenders less inclined to grant a loan on properties of this type. Lease extension can be a protracted process. We advise that you get professional help from a solicitor and surveyor with experience in this arena.

Leasehold Conveyancing in Fleetwood - A selection of Queries Prior to buying

    This question is helpful as a) areas could result in problems in the block as the common areas may start to deteriorate where services remain unpaid b) if the leaseholders have an issue with the running of the building you will need to know about it Make sure you discover if the the lease contains any adverse restrictions in the lease. For example some leases prohibit pets being permitted in certain buildings in Fleetwood. If you love the propertyin Fleetwood yet your dog is not allowed to move with you then you will be faced hard compromise. Generally speaking the cost for major works are not included within service charges, albeit that there some managing agents in Fleetwood ask leaseholders to contribute towards a reserve fund created for the specific intention of building a fund for major works.

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Neighbouring Locations

Heysham
Fleetwood
Blackpool
Lytham St Annes
St Annes
Poulton Le Fylde

Find out more about how flying freehold can affect your the value of a property.