Are the Deal conveyancing solicitors identified as being on the Coventry BS conveyancing panel, together with their details provided by Coventry BS?
Deal conveyancing firms themselves provide us confirmation that they are on the Coventry BS conveyancing panel as opposed to being supplied with a list from Coventry BS directly.
How does conveyancing in Deal differ for new build properties?
Most buyers of new build or newly converted property in Deal approach us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the residence is finished. This is because new home sellers in Deal typically acquire 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 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 Deal or who has acted in the same development.
I decided to have a survey completed on a property in Deal in advance of instructing solicitors. I have been advised that there is a flying freehold element to the property. Our surveyor has said that some banks will not give a mortgage on such a house.
It depends who your proposed lender is. Bank of Scotland has different requirements for example to Halifax. Should you wish to call us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Deal. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Deal to see if the conveyancing costs will increase in light of this.
I was pointed in your direction by a number of property agents in Deal to find a solicitor using your seach tool. What’s the financial inducement for Estate Agents to recommend your site ahead of alternative conveyancing organisations?
We don’t make any referral fee for sending work to this site. We thought it would be too underhand a fee as a client could think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.
I am in need of some leasehold conveyancing in Deal. Before I get started I want to be sure as to the remaining lease term.
Assuming the lease is registered - and most are in Deal - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Leasehold Conveyancing in Deal - Sample of Questions you should ask before buying
If a Deal lease has less than eighty years it will have adverse implications on the salability of the flat. It is worth checking with your lender that they are willing to lend given the lease term. Leases with fewer than 80 years remaining means that you will almost definitely have to extend the lease sooner rather than later and it is worth discovering how much this would cost. Remember, in most cases you will need to own the property for two years before you are eligible to extend the lease. Are any of leasehold owners in dispute over their service charge payments?