I can't travel far from Fetcham. Can you please spell out why all Fetcham are not on all bank panels?

Even though it may seem unfair for banks to restrict who can represent them, from the public’s or solicitor’s point of view, the flip side is that lending institutions are increasingly anxious and regard it imperative to protect them against mortgage fraud. As a consequence of this concern banks have consolidated their panel of approved conveyancing lawyers to a size that they are happy to control.

Should commercial conveyancing searches reveal planned roadworks that could affect a commercial estate in Fetcham?

Many commercial conveyancing solicitors in Fetcham will order a SiteSolutions Highways report as it reduces the time that conveyancers spend in investigating accurate data on highways that impact buildings and development assets in Fetcham. The search result sets out definitive data 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 Fetcham.

For every commercial conveyancing transaction in Fetcham it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately can result in delays to Fetcham commercial conveyancing deals as well as present a risk to future plans for the site. These searches are not carried out for residential conveyancing in Fetcham.

I used Action Conveyancing a few years ago for my conveyancing in Fetcham. Now, I need the documents but the law firm is no longer operating. What do I do?

You should call the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Fetcham of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.

What does commercial conveyancing in Fetcham cover?

Commercial conveyancing in Fetcham covers a broad range of services, provided by regulated solicitors, relating to business premises. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, 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 mortgages and the termination of tenancies.

I am looking at a two flats in Fetcham which have approximately 50 years unexpired on the leases. Will this present a problem?

There are no two ways about it. A leasehold flat in Fetcham is a wasting asset as a result of the reducing lease term. The nearer the lease gets to zero years unexpired, the more it reduces the salability of the premises. The majority of buyers and mortgage companies, leases with less than eighty years become less and less marketable. On a more positive note, leaseholders can extend their leases by serving a Section 42 Notice. One stipulation is that they must have owned the property for two years (unlike a Section 13 notice for purchasing the freehold, when leaseholders can participate from day one of ownership). When successful, they will have the right to an extension of 90 years to the current term and ground rent is effectively reduced to zero. Before moving forward with a purchase of a property with a short lease term remaining you should talk to a solicitor specialising in lease extensions and leasehold enfranchisement. We are are happy to put you in touch with Fetcham conveyancing experts who will explain the options available to you during an initial telephone conversation free of charge. More often than not it is possible to negotiate informally with the freeholder to extend the lease. They may agree to a smaller lump sum and an increase in the ground rent, but to shorter extension terms in return. You need to ensure that the agreed terms represent good long-term value compared with the standard benefits of the Section 42 Notice and that onerous clauses are not inserted into any redrafting of the lease.

Fetcham Conveyancing for Leasehold Flats - A selection of Questions you should consider before buying

What is the length of the lease? What restrictions are contained in the Fetcham Lease? Are there any major works in the near future that will likely add a premium to the service fees?