I am purchasing a 3 bedroom semi in Rushden. The intention is to carry out an extension to the side at the house.Will the conveyancing process involve investigations to see if these works were previously refused?

Your solicitor should review the registered title as conveyancing in Rushden will sometimes reveal restrictions in the title documents which prevent categories of changes or necessitated the consent of another owner. Many extensions require local authority planning permissions and approval in accordance building regulations. Some locations are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. It would be sensible to check these things with a surveyor prior to committing yourself to a purchase.

I happen to be the only beneficiary of my late grandmother’s will and I have everything in my name alone, including the my former home in Rushden. Conveyancing formalities meant that the Land Registry date was in March. I plan to dispose of the property. I do know about the CML six month 'rule', meaning my property ownership could be regarded the same way as if I'd bought the house in March. Will no one buy the property for half a year?

The Council of Mortgage Lenders’ handbook requires solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be affected by that. How sensible a view lenders take of it, depend on the mortgage company as this clause primarily exists to pick up on subsales or the wholesaling and assigning of property.

I recently had an offer accepted on a house in Rushden. My financial adviser pressured me to appoint their conveyancer. I paid an advanced payment of £175. Soon after, the conveyancing practitioner called me to say that they were not on the Clydesdale conveyancing panel. Am I right in thinking that I should be due a refund?

You should be able to recover this from the law firm if they were not on the Clydesdale panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.

Should commercial conveyancing searches disclose impending roadworks that may affect a commercial land in Rushden?

Its becoming the norm that commercial conveyancing solicitors in Rushden will conduct a SiteSolutions Highways report as it dramatically cuts the time that conveyancers spend in looking into accurate data on highways that impact buildings and development assets in Rushden. 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 Rushden.

For each commercial conveyancing transaction in Rushden 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 could result in delays to Rushden commercial conveyancing deals as well as present a risk to future plans for the site. These searches are not ordered for residential conveyancing in Rushden.

Just had an offer accepted on a new build apartment in Rushden. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.

Here are examples of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Rushden

Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Forfeiture - bankruptcy or liquidation must not apply under this provision. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?

What does commercial conveyancing in Rushden cover?

Non domestic conveyancing in Rushden incorporates a wide array of services, supplied by qualified solicitors, relating to business property. For instance, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.

I am looking at a couple of apartments in Rushden which have in the region of forty five years left on the leases. Should I regard a short lease as a deal breaker?

A lease is a legal document that entitles you to use the premises for a period of time. As a lease shortens the marketability of the lease reduces and results in it becoming more expensive to acquire a lease extension. For this reason it is generally wise to increase the term of the lease. It is often difficulties arise selling premises with a short lease as mortgage lenders may be reluctant to lend money on properties of this type. Lease extension can be a protracted process. We recommend you get professional assistance from a conveyancer and surveyor with experience in this field.

Leasehold Conveyancing in Rushden - Examples of Questions you should ask Prior to Purchasing

How many of the leaseholders are in arrears for their maintenance charge payments? If a Rushden lease has less than eighty years it will impact the value of the flat. Check with your lender that they are willing to to proceed given the lease term. A short lease means that you will almost definitely require a lease extension at some point and you need to have some idea of what this would cost. Remember, in most cases you will need to own the premises for a couple of years in order to be entitled to extend the lease. It is important to be aware whether a new roof is being put on or some other major work is coming up to be shared amongst the tenants and will materially increase the the service fees or result in a one time invoice.