My fiancee and I are purchasing our first home. Our property lawyer has e-mailedto ask if we would like to take out additional conveyancing searches. Frankly we are clueless as to what's recommended for conveyancing in Epping
The extent of Epping conveyancing searches should be triggered based entirely on the property, the location, the possibility of any of these risks, your knowledge of the locality and risks, your overall attitude to risk. What matters is that you properly understand what information the searches could supply. You may then decide if you consider that you need that information. If in doubt, ask your conveyancer to offer guidance.
I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Epping. My lender is Platform
Platform have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 17/4/2024, the requirements read as follows :
I have recentlydiscovered that Action Conveyancing have been shut down. They conducted my conveyancing in Epping for a purchase of a leasehold apartment 10 months ago. How can I check that my home is in my name in the name of the former proprietor?
The easiest method to see if the premises is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Epping conveyancing specialists.
I have been recommended by a number of selling agents in Epping to get a quote from a conveyancer using your seach tool. What’s the financial upside for Estate Agents to recommend your services rather than a competitor’s?
We refuse to give any commission for directing people our way. We thought it would be too underhand a fee as members of the public would think, ‘How come the agent getting a kickback? Why aren’t I receiving any benefit too?’ So we decided to step away from that.
My husband and I hope to buy our 1st home in Epping. Conveyancing lawyer already chosen. The broker advised that a survey is not necessary as the property was only built 22 years ago.
The bare minimum you need a Home Buyer's Report. As the premises is over ten years old the property will not come with a warranty, so you don't want to take a risk. Where a property of this age shows no signs of defects a Home Buyer's report may suffice. They will highlight any apparent issues and recommend additional investigation if relevant. If there are any indications of material issues seek a comprehensive structural survey.