A friend recommended that if I am purchasing in Bourton on the Water I should carry out 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 Bourton on the Water conveyancing searches. It is a large document of more than thirty pages, listing and setting out important information about Bourton on the Water around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Bourton on the Water Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Local Education with maps and statistics, Local Amenities and other useful information concerning Bourton on the Water.
Are there restrictive covenants that are commonly picked up during conveyancing in Bourton on the Water?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Bourton on the Water. 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…’
How does conveyancing in Bourton on the Water differ for newly converted properties?
Most buyers of new build premises in Bourton on the Water come to us having been asked by the seller to exchange contracts and commit to the purchase even before the premises is constructed. This is because house builders in Bourton on the Water 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 property lawyers 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 Bourton on the Water or who has acted in the same development.
Yesterday I discovered that there is a flying freehold element on a property I put an offer in two weeks back in what should have been a quick, chain free conveyancing. Bourton on the Water is the location of the property. Is there any guidance you can give?
Flying freeholds in Bourton on the Water are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Bourton on the Water you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Bourton on the Water may decide 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.
How do I identify a Bourton on the Water law firm on the Birmingham Midshires conveyancing panel? I have a car and am willing to travel upto 10kilometers to meet the lawyer.
Feel free to make use of the tool on this page. Please select a lender and your location and you will see a number of Bourton on the Water conveyancing lawyers locally. We have detailed some Bourton on the Water conveyancing firms at the bottom of this page and you can call them to see whether they are on the Birmingham Midshires panel