I am purchasing a house and the lawyer has mentioned Chancel Repair to which the property could be liable as it falls into the area of such a church.He has mentioned insurance. Is this strictly warranted for conveyancing in Bredon
Unless a prior acquisition of the property completed after 12 October 2013 you may expect solicitors delivering conveyancing in Bredon to remain recommending a chancel search and or chancel repair liability insurance.
Yesterday I discovered that there is a flying freehold element on a property I put an offer in a fortnight ago in what should have been a straight forward, chain free conveyancing. Bredon is the location of the property. Is there any guidance you can give?
Flying freeholds in Bredon are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Bredon you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Bredon may determine 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 residence.
What does commercial conveyancing in Bredon cover?
Commercial conveyancing in Bredon incorporates a broad range of advice, provided by regulated solicitors, relating to business property. For example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing business tenancies 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.