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Recently asked questions about conveyancing in Kempshott

We are buying a house and the lawyer has raised the issue of Chancel Repair for which the property may be liable as it falls into the area of such a church. She has suggested insurance. Is this really warranted for conveyancing in Kempshott

Unless a prior purchase of the property completed post 12 October 2013 you may assume that lawyers delivering conveyancing in Kempshott to remain encouraging a chancel search and or chancel repair liability policy.

It has been 3 months following my purchase conveyancing in Kempshott took place. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £170,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

I am buying a new build flat in Kempshott. Conveyancing is necessary evil 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.

Set out below is a sample of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Kempshott

    Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. 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. 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.

Over the last few months I have been searching for a leasehold apartment up to £235,500 and identified one near me in Kempshott I like with amenity areas and transport links in the vicinity, the downside is that it's only got 49 years unexpired on the lease. I can't really find anything else in Kempshott suitable, so just wondered if I would be making a grave error buying a short lease?

Should you need a home loan the remaining unexpired lease term will likely be problematic. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the existing owner has owned the property for a minimum of twenty four months you could request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this matter.

I am a sole trader intending to lease a unit on a shopping parade. Can you recommend conveyancers offering fixed fees for non-domestic conveyancing in Kempshott for less than 2k?

We can recommend firms who have well rounded knowledge of commercial conveyancing in Kempshott, including the sale and acquisition of businesses as well as simply property. If you are hoping to buy or lease a shop, pub, restaurant, office, retail premises or a whole business we can put you in touch with the right firm. As for the charges this will depend on the structure and terms of the proposed transaction. Please provide us with your contact information or phone so as to enable us to supply you with a fixed commercial conveyancing quote.

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