Should commercial conveyancing searches reveal planned roadworks that could impact a commercial land in Broadstairs?
Many commercial conveyancing solicitors in Broadstairs will carry out a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in researching accurate data on highways that impact buildings and development assets in Broadstairs. 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 Broadstairs.
For every commercial conveyancing transaction in Broadstairs it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately can cause delays to Broadstairs commercial conveyancing transactions as well as present a risk to future plans for the site. These searches are not carried out for residential conveyancing in Broadstairs.
Me and my brother own a renovated Edwardian property in Broadstairs. Conveyancing practitioner acted for me and . I did a free Land Registry search last week and there are two entries: the first freehold, another for leasehold under the exact same address. If a house is not a freehold shouldn't I have been informed?
You should assess the Freehold register you have again and check the Charges Register as there may be 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 Broadstairs and other areas of the country and poses no real issues for owners other than when they remortgage 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 solicitor who conducted the conveyancing.
Due to the guidance of my in-laws I had a survey completed on a house in Broadstairs before appointing conveyancers. I have been told that there is a flying freehold aspect to the house. Our surveyor has said that some lenders may not give a loan on a flying freehold property.
It depends who your proposed lender is. Lloyds has different requirements from Nationwide. If you contact us we can check with the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Broadstairs. Conveyancing will be smoother if you use a solicitor in Broadstairs especially if they regularly deal with such properties in Broadstairs.