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.
Do I need a solicitor?
The quick and easy answer is that you don’t. There is no legal imperative for you to employ a solicitor to handle the conveyancing when dealing with property. However, it would be rather unwise for you to carry out the work yourself because you probably won’t have the skills, knowledge and experience to perform many of the complex tasks, and you won’t possess the indemnity insurance that all solicitors are obliged to carry to protect clients in the event that something goes wrong.
You need to appoint a solicitor who is experienced, proactive and focused so that you have the best chance of completing your transaction as early as possible. You should also look for such a solicitor who also offers ‘No Completion, No Fee’ protection so that you will only be invoiced for the fees once your transaction has completed successfully.
Worried about the conveyancing process? Looking at a tight budget? Let Homeward Legal help you with our low fees without compromising our service values. Call us now on 0800 038 6699.
A right of way on the property I’m buying is redundant, but how do I get it removed from the deeds and registry?
A right of way through the grounds of a property is probably an inheritance before other building in the vicinity occurred that has since made the passage through redundant.
But, while having the right of way registered with the deeds means that feasibly someone could insist that they use it (as their public right), but, if they can’t access where the right of way originally led, it makes it a pointless activity.
It’s so unlikely that anyone will want to do this that you have to weigh up the cost of the legal process to get the right of way officially removed against not proceeding. However, if you are at all worried, talk to your solicitor so that it can be investigated further as part of the conveyancing, at which point they can guide you on the appropriate action and the associated costs (this will be in addition to the standard fees for the conveyancing and your solicitor will advise of this additional cost).
Homeward Legal's solicitors provide transparent quotes, detailing what is included in the fees and disbursements and will help with estimates for additional legal work. So, now is the best time to get your conveyancing under way on 0800 038 6699.
Does Homeward Legal look after the conveyancing for auction properties in High Barnet?
Our company is very competent with buyers at auction. Typically unusual properties for example derelict homes, are bought in property auctions which tend to need greater exploration. Homeward Legal therefore strongly advise purchasers to formally appoint a lawyer prior to the day of the auction to allow enough time for a full report of the property's legal title.
Subsequently, immediately after the day of bidding your instructed property lawyer is fully geared up to concluding the legal work in as short a time frame as typically required .
Is it advisable that we get a chancel search when you are purchasing near a church furlong in High Barnet?
In High Barnet, where land was once owned by a lay rectors, new owners of that property may be obliged to fund upkeep of a church in the area. Indemnity policies can be arranged if chancel liability is likely to be enforced. The solicitor handling your conveyancing will confirm that a chancel search is appropriate.
Should we get a chancel search if I am purchasing in the parish of St Botolph without Aldersgate?
Your lawyer may suggest that a chancel search be ordered, whichever parish where the building being bought is found. Although some Parochial Church Councils (PCCs) have decided to charge chancel repairs on the current owners of lay rectorships, there is no guarantee that a parish where chancel repair fees have not been paid previously will not automatically be the case for future owners. It is not safe to rely on the historical behaviour of the parish council alone as a guide.
Where do I discover more information on the standard of the conservation areas in High Barnet?
Conservation are issues including area development or modern telephone boxes are maintain by Barnet. English Heritage have assembled information in relation to the state of conservation areas as well as the trend of the area.
What kind of research as respects the risk of local flooding at Barnet will the High Barnet solicitor check for an Edwardian house I am going to buy?
The conveyancing solicitor will apply for formal property conveyancing searches that incorporate High Barnet area flood risk information. An inexpensive (around twenty pounds) and more thorough Barnet database search, for instance the Landmark search, might be suggested by a qualified lawyer in High Barnet if in the event that the environmental search highlight flood risk to the property. At the time of writing (24/02/13) publication on the UK Environment Agency do not list any flood warnings in High Barnet.