Why is leasehold purchase conveyancing in Mudeford is more expensive?

In short, leasehold conveyancing in Mudeford and Dorset usually necessitates additional work compared to freehold conveyancing. This includes reviewing the lease, corresponding with the landlord concerning the service of appropriate notices, securing current service charge and management information, obtaining the freeholder’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – regardless of the fact the lease has passed through many different property solicitors hands since it was first granted.

How do I investigate if the solicitor conducting my conveyancing in Mudeford is on the bank’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Aldermore thus paying £175.00 in another set of legal bill.

Please do take advantage of the search tool on this page. Please choose the lender and type ‘Mudeford’ or your location and you will be presented with a number of lawyer based in Mudeford or near you.

Should commercial conveyancing searches reveal planned roadworks that may impact a commercial premises in Mudeford?

Many commercial conveyancing solicitors in Mudeford will perform a SiteSolutions Highways report as it reduces the time that conveyancers invest in researching accurate data on highways that impact buildings and development assets in Mudeford. The report 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 Mudeford.

For every commercial conveyancing transaction in Mudeford it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately could cause delays to Mudeford commercial conveyancing deals as well as pose a risk to future plans for the site. These searches are not ordered for domestic conveyancing in Mudeford.

I have a terraced Edwardian property in Mudeford. Conveyancing practitioner represented me and Alliance & Leicester . I did a free Land Registry search last week and there are two entries: one for freehold, the second leasehold under the exact same property. I'd like to know for sure, how can I find out??

You need to assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Mudeford and other locations in the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the position with the conveyancing practitioner who conducted the conveyancing.

I'm purchasing my first flat in Mudeford with the aid of help to buy. The builders refused to budge the price so I negotiated £7000 of fixtures and fittings instead. The property agent advised me not reveal to my solicitor about this deal as it will adversely affect my mortgage with the bank. Should I keep quiet?.

All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.