What’s the difference between residential and commercial conveyancing?
In essence, there is very little difference between the tasks needed for residential conveyancing against commercial conveyancing. The real difference comes in the type of property and the purpose for which it is intended to be used.
The majority of residential transactions are freehold, whereas commercial transactions are almost exclusively leasehold, and commercial property conveyancing searches will tend to be more expensive because the structure and land will occupy a greater space on average than that for residential property.
Please give reasons why Euston sale conveyancing goes on for so long?
The legal work undertaken to transfer a home in Euston could be exposed to significant delays. We endeavour to minimise the burden of these delays where feasible by using fast search providers.
Is there any comprehensive online data on the upkeep of Euston conservation areas?
English Heritage keep a list of the state of conservation areas in England. Conservation area concerns including what can be developed, the addition of stone cladding or poorly maintained pavements are overseen by the local authority (Camden).
Does the Euston solicitor do any property on the London Fifties terraced building I am intending to purchase?
When applying for a mortgage the lender mandates particular searches, including the following for properties in Euston: Local Authority (personal or official), Drainage Search (Con29DW) and Environmental, and, depending on certain criteria, area-specific searches, like a SIM.
Can I agree a sale price without involving an estate agent or solicitor?
This depends on whether you have signed up with an estate agent and what agreement is already in place. While it might seem unfair if you’ve found a buyer outside of the estate agency process and you’re expected to still pay the agent their fees on sale, you should be very careful about stepping outside the agreed terms and conditions since this is legally binding and you may face penalties as a result. Therefore, if you want to follow this course, it’s worth checking the details with a solicitor to ensure you’re following the letter of the law.
If you’re not with an agent, you can publicise your house details with a number of publications and online sites (some are free, others require a fee), but you’ll need to do all the legwork and administration. For a legal standpoint, you don’t need to appoint a solicitor to perform the conveyancing, but it would be an unwise option to pursue as you will probably have neither the training or experience in some its complexities, and you won’t have the protective indemnity insurance in the event of a problem arising with your work.