As a first time buyer what is the most important piece of guidance you can impart regarding purchase conveyancing in Anston?
Not many law firms shout this from the rooftops but conveyancing in Anston or throughout England and Wales is often a confrontational experience. Put another way, when it comes to conveyancing there is an abundance of opportunity for conflict between you and other parties involved in the transaction. For instance, the vendor, selling agent and on occasion the lender. Appointing a law firm for your conveyancing in Anston is a critical decision as your conveyancer is your adviser, and is the ONE person in the legal process whose interest is to protect your best interests and to protect you.
Every so often a potential adversary may attempt to convince you that it is in your interests to do things their way. For instance, the selling agent may claim to be helping by claiming that your conveyancer is wrong. Or your mortgage broker may try to convince you to do take action that is against your lawyers advice. You should always trust your lawyer above all other parties when it comes to the legal transfer of property.
My colleague recommended that where I am buying in Anston I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is usually included in the estimate for your Anston conveyancing searches. It is a large report of more than thirty pages, listing and detailing important information about Anston around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Anston Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Anston Education with maps and statistics, Local Amenities and other useful information regarding Anston.
Just had an offer accepted on a new build flat in Anston. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here is a sample of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Anston
Please confirm the Lease plans are architect prepared. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. There must be mutual enforceability of lessee’s covenants. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.
Due to the input of my in-laws I had a survey completed on a property in Anston before retaining solicitors. I have been informed that there is a flying freehold element to the property. The surveyor has said that some mortgage companies will refuse to give a mortgage on this type of premises.
It varies from the lender to lender. Bank of Scotland has different instructions for example to Nationwide. If you contact us we can check with the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Anston. Conveyancing may be slightly more expensive based on your lender's requirements.
I was pointed in your direction by a couple of local property agents in Anston to locate a conveyancer on your site. What’s the financial advantage for Estate Agents to promote your site rather than a competitor’s?
We don’t offer any commission for directing people in our direction. We found it would be just too difficult to pay a commission as a client could think, ‘How come the agent getting a kickback? Why am I not getting any benefit too?’ So we decided to step away from that.