Should commercial conveyancing searches reveal proposed roadworks that may impact a commercial land in Pitstone?

Its becoming the norm that commercial conveyancing solicitors in Pitstone will order a SiteSolutions Highways report as it reduces the time that conveyancers spend in sourcing accurate data on highways that impact buildings and development assets in Pitstone. The search result sets out 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 Pitstone.

For every commercial conveyancing transaction in Pitstone it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately could cause delays to Pitstone commercial conveyancing deals as well as present a risk to future plans for the site. These searches are not conducted for domestic conveyancing in Pitstone.

It has been four months following my purchase conveyancing in Pitstone completed. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £180,000. 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 premises 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.

How does conveyancing in Pitstone differ for new build properties?

Most buyers of new build or newly converted property in Pitstone approach us having been asked by the developer to exchange contracts and commit to the purchase even before the house is finished. This is because builders in Pitstone tend to acquire the site, 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 conveyancing solicitors 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 Pitstone or who has acted in the same development.

I've recently found out that there is a flying freehold element on a property I put an offer in a fortnight ago in what should have been a quick, chain free conveyancing. Pitstone is where the house is located. Is there any advice you can impart?

Flying freeholds in Pitstone are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Pitstone you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Pitstone 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.

My husband and I are new to the buying process - agreed a price, but the agent has warned us that the vendor will only proceed if we instruct their chosen conveyancers as they want a ‘quick sale’. Our preferred option is to instruct a family solicitor used to conveyancing in Pitstone

We suspect that the seller is unaware of this ultimatum. If they want ‘a quick sale', alienating a motivated purchaser is likely to cause more damage than good. Avoid the agents and go straight to the owners and explain that (a)you are keen to buy (b)you are excited to move forward, with finances in place © you are chain free (d) you intend to proceed fast (e)but you will continue to instruct your preferred Pitstone conveyancing firm - rather thanthose that will give the estate agent a introducer fee or meet his conveyancing figures set by head office.