Is there a reason why leasehold purchase conveyancing in Blandford Forum costs more?
Blandford Forum leasehold properties involve far more paperwork than a freehold purchase, and therefore takes more time to examine and advise upon.Conveyancing will involve the lease having to be checked which is usually a lengthy document, queries raised to ensure that the covenants and conditions have been observed. If it is a flat there will be a management company in existence and the accounts of this will need to be checked and enquiries raised to ensure it is operating efficiently and that all monies due have been paid by the Seller to the company and if not ensuring that money is paid up to date or the appropriate undertakings obtained.
My aunt advised me that in buying a property in Blandford Forum there could be various restrictions preventing external alterations to a property. Is this right?
We are aware of a number of properties in Blandford Forum which have some sort of restriction or requirement of consent to external changes. Part of the conveyancing in Blandford Forum should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Is it the case that all Blandford Forum CQS (Conveyancing Quality Scheme) solicitors are on the Co-operative conveyancing list of approved practices?
It is true that some banks and building societies now make use of the accreditation scheme as the kick off point for Panel membership such as HSBC and Santander. CQS accreditation however gives no guarantee to lender panel acceptance. That being said,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for firms wishing to join their panels.
Coventry BS have agreed my mortgage in principle, my bid on a flat in Blandford Forum has been agreed to, what happens next?
The estate agent will need to know who your solicitors are (be sure the lawyers are on the bank’s approved list). Call up Coventry BS or your broker and complete any relevant forms. Coventry BS will instruct a valuer who will get in contact with the estate agent or vendor to arrange an appointment. Once carried out (assuming no problems) it takes on average a fortnight to get a mortgage offer. Coventry BS will issue the offer to you and your property lawyers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Blandford Forum.
A relative advised me that if I am purchasing in Blandford Forum I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is usually quoted for as part of the standard Blandford Forum conveyancing searches. It is not a small document of about 40 pages, listing and detailing significant information about Blandford Forum around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Blandford Forum Education with plans and statistics, Local Amenities and other useful information regarding Blandford Forum.
Due to the encouragement of my in-laws I had a survey completed on a property in Blandford Forum prior to retaining lawyers. I have been informed that there is a flying freehold aspect to the house. The surveyor has said that some lenders tend refuse to grant a loan on a flying freehold premises.
It depends who your proposed lender is. Lloyds has different instructions from Halifax. Should you wish to call us we can look into this further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Blandford Forum. Conveyancing will be smoother if you use a solicitor in Blandford Forum especially if they are accustomed to such properties in Blandford Forum.
Given that I will soon spend over three hundred thousand on a house in Blandford Forum I would like to talk to a solicitor about myhouse move in advance of giving the go ahead to the firm. Is this something that you can arrange?
This is something that we encourage - it is our preference to talk to you we do not take any clients on without you liaising with the solicitor due to be doing your conveyancing in Blandford Forum.There is no ‘factory style conveyancing’ - every client is unique individual, not a matter reference. The practices that we put you in touch with believe that the fees you are provided with for your conveyancing in Blandford Forum should be the amount on the final invoice that you are charged.