I require conveyancing for an apartment in a relatively new development (6 years old) in Canons Park. The vast majority the properties are already disposed of. Do I need carry out the local searches as part of conveyancing in Canons Park?
You would be putting yourself at risk in failing carrying out Canons Park conveyancing searches. Without searches you have no clarity over flooding, environmental etc which may mean you walk away due to potential problems down the line. If you are buying mortgage free there is no legal necessity to have them, but we would seriously advise in the strongest possible terms that your conveyancer conducts them. If accelerating the process and cost are primary issues you should consider with your solicitor about the options such as lack of search insurance available to you
Do banks and building societies provide you with an approved list of Canons Park conveyancing solicitors? How do you know who is on the Skipton conveyancing panel?
Canons Park conveyancing firms themselves provide us confirmation that they are on the Skipton conveyancing panel as opposed to being supplied with a list from Skipton directly.
What does a local search reveal about the property I am buying in Canons Park?
Canons Park conveyancing often commences with the applying for local authority searches directly from your local Authority or via a personal search organisations for instance PSG The local search is essential in every Canons Park conveyancing purchase; that is if you wish to avoid any unpleasant surprises after you move into your property. The search should provide information 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 topic areas.
I’m about to sell my 2 bed flat in Canons Park. Conveyancing has not commenced, but I have recently received a quarterly service charge invoice – what should I do?
It best that you clear the invoice as normal because all ground rent and service payments should be allotted on completion, so you will be reimbursed by the purchaser for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
Canons Park Leasehold Conveyancing - Examples of Queries before buying
If a Canons Park lease has no more than eighty years it will impact the value of the property. Check with your mortgage company that they are willing to go ahead with the loan given the lease term. A short lease means that you will most likely require a lease extension at some point and you need to have some idea of what this would cost. Remember, in most cases you would be be obliged to have owned the residence for 24 months before you are legally able to carry out a lease extension. Make sure you investigate if the the lease contains any adverse restrictions in the lease. For instance plenty of leases prohibit pets being permitted in in a block in Canons Park. If you like the propertyin Canons Park however your cat is not allowed to move with you then you have a very difficult compromise. Is anyone aware of any major works in the near future that will likely add a premium to the maintenance charges?
My partner and I hope to purchase our first home in Canons Park. Conveyancing practitioner already selected. The mortgage adviser advised that a survey is not necessary as the house was only built in 2002.
At the very least you should order a Home Buyer's Report. As the premises was constructed over a decade ago the property will not come with a warranty, so you would be well advised not to take a risk. Where a property of this age shows no signs of problems a Home Buyer's report may be enough. The report should highlight any apparent issues and recommend further investigation where appropriate. If there are any indications of problems seek a full structural survey.