Category Archives: Buying a property

Hiring Chelmsford Solicitor for house buying is the best option

chelmsford solicitor for house buyingWe need solicitors whether we are buying a house or buying a commercial property in Chelmsford City. Each of these property types has their own pros and cons. Getting each of these properties, you need the help of property lawyers such as solicitors or licensed conveyancers. Buying commercial property needs more care as the property has a high price and could have more than one buyer waiting on the list. While residential properties required less concentration, solicitors wouldn’t take much time to get the house you want in the UK. Read about the different aspects of home conveyancing in both cases of buying commercial properties and residential properties.

Hire Chelmsford solicitor for house buying: Commercial vs Residential

Today, you will learn a few differences between residential conveyancing and commercial conveyancing. Before we get into details, let’s talk about the definition of both the residential properties and commercial properties.

Residential Properties

Residential properties are strictly used for housing or living of families or any group of people living together. These include leasehold properties and freehold properties. Also, there are different types of residential properties such as standalone or detached houses, semi-detached building, bungalow, or terrace properties. People can use them for their own living or they can give them on lease to other UK residents.

Commercial Building

There are different types of commercial buildings such as office building, hotels, commercial stores, shopping malls, etc.

Combined buildings

In some towns, people might find combined buildings that are used both for commercial as well as housing purposes. Such as a living apartment on the 2nd floor and a store on the first floor.

Conveyancing Residential properties in Chelmsford

Buying homes for a living is an easy to do thing for solicitors. They will take two to three weeks to wind up the entire deal. The home buying deal usually goes in two steps, i.e. signing draft contracts and sign and exchange of documents between buyers and sellers.

Conveyancing Commercial Properties in the Chelmsford

Buying commercial property is very much similar to that of residential property. There are some extra searches that solicitor will do on the behalf of the buyer.

Title Search

The solicitor will check the title of the commercial property, i.e. whether the property is titled to the seller who is buying the property.

CPSE Enquiries

  1. CPSE 1
    It is designed to cover search for all types of properties such as freehold, leasehold, vacant, or tenanted properties
  2. CPSE 2
    It is only covers tenant based properties
  3. CPSE 3
    Where the lease grant is applicable
  4. CPSE 4
    It is the search for leasehold based properties
  5. CPSE 5
    Where the lease of a property is being surrendered

Zoning Search

It is very important that a property lawyer search the building for zoning rules and restriction. If the building comes under restricted zone, you should not buy such buildings.

Building Structural Surveys

Building survey helps find any fault in the structure of the build and the attached appliances to the building of the property.

Environment survey

It is the search that help buyer understand the health and safety issue of the environment surrounding the building. Safe environment is very important for the people who will work in the building.

Mining search

Mining search finds any kind of hazard in the land of the commercial building. If there is any issue with the land of the building, Proper measures should be taken to avoid any kind of hazards from the property land.

Final Words

Conveyancing of commercial building is almost similar to that of residential building. You can hire a Chelmsford solicitor for house buying skills, he/she will help you buy your dream house in the UK. For more information, you can visit our website.

Questions to Ask When Buying a New Home in Chelmsford

Buying a new home in Chelmsford
Snag an Idyllic home in Chelmsford

Buying a new home can be a very exciting time in a person’s life. There are many considerations one should be aware of before taking the plunge into new home ownership. Before you make this huge life investment, you should ask yourself the following questions:

Is buying a new home in Chelmsford affordable?

When buying a new home, you have to consider the financial implications of home ownership. You have to consider the mortgage payments, the down payment, fees such as closing costs and lawyer expenses, taxes, and other costs. Use an online financial calculator that takes your income and debt and calculated it to determine how much you can afford.

Does the new home meet my requirements?

Make a list of all your needs. Consider children and pets. Are there enough bedrooms and bathrooms? Is the yard big enough for a pet? Do you need a home office? If you have children, check to see if parks and schools are close by. Do you have to travel a long distance to work? What is the crime rate like in the neighbourhood? How close is your home to supermarkets and malls? Is there a neighbourhood development association that imposes strict rules?

Are there any hazards?

Check to see if the home is in a high risk area such as flooding, earthquakes, tornados, and hurricanes. You may have to pay higher insurance premiums. Also, find out what home inspections are needed.

What are the sale closing costs?

Closing costs are the costs associated with the sale transaction. This can include fees for legal documents, recording deeds, escrow fee, real estate commission fee, reconveyance fee, and Title Insurance.

Is the exterior of the house in good condition?

When assessing the exterior of the house, ask such questions as: What materials were used for the exterior? Do the trim or walls require painting? Is weather-stripping installed? Do windows and doors have insulated glass or storm windows? What is the condition of the gutters? Is the foundation in good condition? Is the ground sloped away from the foundation? What material is used for the foundation?

Is the interior of the house in good condition?

Are there cracks in the walls and/or ceilings? Has the interior been recently painted?

Are the kitchen cabinets installed properly? Do the doors open and close properly? Are there exhaust fans in the kitchen and baths? Is the interior trim in good condition? What is the condition of the door knobs and locks? Are there any visible structural defects? Is the attic area insulated? Are there any sloping floors in the home? Is there an attic fan for ventilation?

What is the condition of the heating, electric system, and hot water system?

Is the incoming electric service properly installed? Is the main electric panel easily accessible? Are there adequate light fixtures throughout the home? Are lighting fixtures installed at all exterior entrances? Is the number of electrical receptacles in each room sufficient for modern living? Are ground fault circuit interrupters (GFCI) installed?

What type of furnace or boiler is installed? (Hot air, hot water, heat pump, etc. ) What type of fuel is used for heat? Does the home have central air conditioning? Is the size water heater adequate for your needs? Are there heating/cooling outlets in each room?

What is the condition of the plumbing system?

What is the source for water and sewer? (City, private, well, septic) What materials are used for water and sewer pipes? (Copper, PVC, iron, etc.) What is the quality and quantity of the well water? Do the plumbing fixtures work properly? Is the water pressure adequate?

Buying a new home is a serious life commitment with lasting costs. Before buying a home, make sure you consider all of the positive and negative aspects of home ownership with London legal fees buying house so that your final decision will be the right one.

Conveyancing in Chelmsford: A Brief Overview

Conveyancing in Chelmsford
Chelmsford Cathedral

Chelmsford is an average sized town in Essex only 30 miles North of London. It is a great place to live with many nearby villages with their traditional charm. The short distance from London also makes it easier for residents to commute to London. If you are planning to move in Chelmsford and buying a house, you are better off hiring an experienced Chelmsford conveyancing specialist who will make the property buying process easier and smoother for you.

Buying a house or a property is a big commitment to most of the people. This can be one of the biggest milestones of someone’s life which involves huge financial commitment. People are often unaware of the process that involves process of exchanging the ownership of the property. Most people often fail to find faults in the contract, property or don’t do the necessary research before buying the property in an unfamiliar place. There are a lot of documents to exchange and the property must be checked for any faults and clear of any future concerns that may be hard to figure out for who has never been involved in conveyancing. With a small conveyancing fee, a solicitor with a wealth of knowledge of conveyancing will help you move faster through the process.

Conveyancing fees depend on whether you are; the buyer, seller or if you are remortgaging in Chelmsford. It also depends on a number of other things like the number of sellers, the sale price, sale postcode and the type of the sale property.

If you are unfamiliar with the conveyancing process, the conveyancing specialist on property conveyancing in Chelmsford will guide you through the three crucial steps. After you have agreed upon the seller to buy the house and the sale price, the first step for the licensed conveyancer is to check if the property is free of any defects, they will check legal documents of the property to see if the property is clear of any misuse, mortgage or legal concerns. They will let you know if there are any concerns that should worry you in the future. The property will also be checked by the authorities to check if it is free to be transferred.

Once the inspections are done, contracts and documents are made to accurately lay out the terms of the transfer detailing sale price, deposit and other legal requirements. Then the contracts are sent to solicitors of the both side. When both parties agree, the contract is signed by the both parties and exchanged. The legal documents from the seller are transferred to the buyer. After this the buyer can move in to the new property in Chelmsford.

Buying a house or a property isn’t what people do many times in their life. And the conveyancing process is long time consuming process. Which is why hiring a conveyancing specialist at a small conveyancing fee will save you a lot of trouble going through legal documents, contracts and making sure everything is done right and mistakes avoided.