I am buying a house without a mortgage in Bloxham. I have lived for the last 15 years in Bloxham. Conveyancing searches are expensive. Given that I have knowledge of the area and road very well must I have all the conveyancing searches?
Provided that you do not need a home loan, then almost all of the Bloxham conveyancing searches are non-obligatory. Your conveyancer will ’encourage you, no-doubt strongly, that you should have searches completed, but she has a professional duty to take that path of guidance. Do bear in mind; if you are likely to dispose of the house at a future date, it will be of importance to your prospective buyer what the searches disclose. On occasion properties with apparent issues can still reveal detrimental search results. A competent conveyancing solicitor in Bloxham will provide you some sensible advice in this regard.
A colleague advised me that where I am buying in Bloxham I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is sometimes included in the estimate for your Bloxham conveyancing searches. It is not a small document of more than thirty pages, listing and setting out important information about Bloxham around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Bloxham Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Bloxham Education with plans and statistics, Local Amenities and other useful data regarding Bloxham.
The deeds to our home are lost. The conveyancers who did the conveyancing in Bloxham 4 years ago no longer exist. Will I be able to sell the house?
Assuming you have a registered title the details of your ownership will be documented by the Land Registry with a Title Number. It is easy to perform a search at the Land Registry, find your property and secure current copies of the Registered Entries for a small fee. If the property is Leasehold then the Land Registry will usually retain a certified duplicate of the Registered Lease and again, a copy can be retrieved for twenty pounds.
How does conveyancing in Bloxham differ for new build properties?
Most buyers of new build or newly converted property in Bloxham come to us having been asked by the seller to exchange contracts and commit to the purchase even before the premises is built. This is because developers in Bloxham tend to acquire the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Bloxham or who has acted in the same development.
Why do I have to provide my solicitor with a list of items of identification before I can commence with my conveyancing in Bloxham?
Bloxham conveyancing practitioners are duty bound by the Law Society, SRA, the Land Registry and current Money Laundering legislation to record that the have verified the identity of their clients. It is also sometimes a requirement of your lender where you are obtaining a mortgage. In addition they have to complete various forms, particularly those relating to SDLT and need to have information such as your full names, NI number and DOB.