I am purchasing a property for cash in Castle Eden. I have lived for the previous 20 years in Castle Eden. Conveyancing searches are exorbitant. As I have knowledge of the area and road intimately should I not bother getting the solicitor to do all the conveyancing searches?
If you not getting a mortgage, then all but one or two of the Castle Eden conveyancing searches are non-obligatory. Your solicitor will ’encourage you, perhaps strongly, that you should have searches completed, but he has a professional duty to take that path of guidance. Do consider; if you are intend to dispose of the house in the future, it will be of interest to your prospective buyer what the searches determine. Sometimes premises with no practical issues can still throw up unpredicted search results. A good conveyancing solicitor in Castle Eden should provide you some helpful guidance concerning this.
Have just purchased a repossessed house at auction in Castle Eden. Conveyancing is needed. What is next?
Given that you have now for all intents and purposes signed on the dotted line you should appoint a conveyancing practitioner as a matter of urgency as you are faced with a tight a drop dead date to complete the purchase. All auction property should have an associated legal set of papers. This will likely include evidence of title and search results. If you have purchased leasehold premises the conveyancing pack may include a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork relating to leasehold premises. You need to pass this on to your appointed conveyancing solicitor ASAP. Do make sure that that you have the requisite funding in order to complete on the date specified in the contract.
Completion of my purchase has taken place for my property in Castle Eden. Conveyancing was a necessary evil but I would like to complain about the lender. How do I make a complaint?
All banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Department at head office. We understand that complaints to a lender are resolved very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
Intending to buy a flat in Castle Eden. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Barclays conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Castle Eden lawyer is on the Barclays conveyancing panel.
My relative recommended that if I am buying in Castle Eden I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is occasionally included in the estimate for your Castle Eden conveyancing searches. It is not a small document of about 40 pages, listing and detailing significant information about Castle Eden around the property and the people living there. It includes 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, Local Education with maps and statistics, Local Amenities and other useful information concerning Castle Eden.
How does conveyancing in Castle Eden differ for new build properties?
Most buyers of new build premises in Castle Eden contact us having been asked by the developer to exchange contracts and commit to the purchase even before the house is constructed. This is because developers in Castle Eden usually 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 conveyancing solicitors 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 used to new build conveyancing in Castle Eden or who has acted in the same development.
Due to the input of my in-laws I had a survey completed on a property in Castle Eden in advance of retaining conveyancers. I have been advised that there is a flying freehold overhang to the house. Our surveyor has said that some lenders may not give a loan on a flying freehold premises.
It depends who your proposed lender is. Lloyds has different requirements for example to Nationwide. Should you wish to call us we can investigate further via the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Castle Eden. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Castle Eden to see if the conveyancing costs will increase in light of this.