I am buying a property mortgage free in Crowle. I have resided for the last dozen years in Crowle. Conveyancing searches are a lot of money. Given that I know the road and vicinity very well must I have all the conveyancing searches?
Provided that you do not need a mortgage, then all but one or two of the Crowle conveyancing searches are optional. Your solicitor will try and sway you, perhaps strongly, that you should have searches carried out, but she is duty bound to do this. Do consider; if you are likely to sell the house at a future date, it will likely be be of interest to your future purchaser what the searches disclose. Sometimes properties with day to day issues can still throw up unfavourable search results. A competent conveyancing solicitor in Crowle should provide you some helpful guidance here.
My partner and I are selling our house in Crowle and according to the buyers it appears that there is a risk of it being constructed land that was not decontaminated. Any local conveyancer would know that there is no such problem. For the life of me I don't know why the buyers instructed a nationwide conveyancing practice as opposed to a conveyancing solicitor in Crowle. Having lived in Crowle for 4 years we know that this is a non issue. Should we contact our local Authority to seek clarification that the buyers are looking for.
It would appear that you have a conveyancing solicitor already. What do they say? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
How does conveyancing in Crowle differ for new build properties?
Most buyers of new build or newly converted property in Crowle contact us having been asked by the developer to exchange contracts and commit to the purchase even before the house is ready to move into. This is because developers in Crowle tend to buy the site, 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 used to new build conveyancing in Crowle or who has acted in the same development.
I have been on the look out for a flat up to £195,000 and identified one near me in Crowle I like with amenity areas and station in the vicinity, the downside is that it's only got 51 remaining years left on the lease. I can't really find anything else in Crowle for this price, so just wondered if I would be making a grave error buying a lease with such few years left?
If you require a home loan the shortness of the lease will be a potential deal breaker. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for a minimum of 2 years you could ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should speak to your conveyancing solicitor about this matter.
How much experience do your Crowle conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?
Crowle conveyancing lawyers help thousands of buyers move home every year and assisted lots of clients through the Help To Buy scheme. The chances are that whatever makes your case unique Crowle conveyancers have worked on recent similar cases.