Is it necessary to take out insurance to protect me from financial exposure to chancel repairs when purchasing a residence in East Dean?
Unless a prior acquisition of the premises completed post 12 October 2013 you could assume that conveyancing practitioners handling conveyancing in East Dean to continue to advocate a chancel search and or chancel repair liability insurance.
How does conveyancing in East Dean differ for new build properties?
Most buyers of new build premises in East Dean contact us having been asked by the seller to sign contracts and commit to the purchase even before the property is finished. This is because house builders in East Dean tend to buy the land, 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 East Dean or who has acted in the same development.
I've recently found out that there is a flying freehold issue on a property I have offered on two weeks back in what should have been a quick, no chain conveyancing. East Dean is where the house is located. Can you offer any advice?
Flying freeholds in East Dean are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside East Dean you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in East Dean 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 premises.
Should I be suspicious that brokers that I am dealing with are suggesting a web based conveyancing firm rather than a local East Dean conveyancing firm?
As is the case with many professional services, often recommendations from relatives can be extremely useful or valuable. Nevertheless there are lots of parties with a vested interest in a conveyancing matter; estate agents, mortgage brokers and banks may put forward lawyers to instruct. On occasion these solicitors might be known to one of the organisations as experts in their field, but occasionally there may be a commercial relationship behind the endorsement. You are free to select your preferred lawyer. However, bear in mind that some mortgage providers operate an approved list of solicitors you are obliged to use for the lender aspect of your house move.
I need to instruct a conveyancing solicitor for my conveyancing in East Dean. I happened to land on a site which looks to be the ideal solution If there is a chance to get all formalities done via web that would be ideal. Should I be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?