My fiance and I wish to acquire a newbuild flat in Blaenavon with a mortgage from Coventry Building Society.We like our Blaenavon conveyancing practitioner but Coventry Building Society advised that she’s not on their approved list of member firms. We have to appoint a Coventry Building Society panel solicitor or retain our preferred solicitor and fork out for one of their panel ones to act for them. This seems very unfair; Can we not simply insist that Coventry Building Society use our lawyer?
No, not really. The home loan issued to you is subject to its terms and conditions, one of which will be that conveyancers will be on the Coventry Building Society solicitor panel. Until recently, most lenders had large numbers of solicitors on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your lawyer to apply to be on the conveyancing panel for Coventry Building Society
What does a local search reveal regarding the house I am buying in Blaenavon?
Blaenavon conveyancing often commences with the ordering local authority searches directly from your local Authority or through a personal search organisations for instance Searches UK The local search plays an important role in most Blaenavon conveyancing purchase; that is if you don’t want any unpleasant surprises after you move into your property. The search will provide data on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject areas.
Are there restrictive covenants that are commonly identified as part of conveyancing in Blaenavon?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Blaenavon. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Yesterday I discovered that there is a flying freehold element on a house I have offered on two weeks back in what was supposed to be a quick, chain free conveyancing. Blaenavon is the location of the property. Can you shed any light on this issue?
Flying freeholds in Blaenavon are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Blaenavon you must be sure that your lawyer goes through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Blaenavon 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.
My father-in-law has suggested that I use his conveyancing solicitors in Blaenavon. Do I take his recommendation?
There are no two ways about it the best way to select a conveyancing practitioner is to have recommendations from friends or family who have actually previously instructed the firm you're contemplating using.