I am need of leasehold conveyancing for a flat in a relatively new development (five years old) in Kenton. The vast majority the properties have already been disposed of. Do I need carry out the local searches as part of conveyancing in Kenton?
Where you are obtaining a mortgage, your bank will need some (many) of the searches so you'll have no choice. If not, then Kenton conveyancing searches are optional. Your solicitor, will 'advise', perhaps in the strongest possible terms, that you should not go ahead without searches, but he or she is duty bound in this regard. One thing to bear in mind; if you are likely to sell the house one day, it may be of interest to your future buyer what the searches contain. Sometimes houses with no practical issues can still throw up adverse search results. But if you choose to instruct your lawyer to proceed without searches then your lawyer will have to follow your instructions or ask you to appoint a different lawyer for your conveyancing in Kenton.
My lawyer in Kenton has never been on on the Coventry Building Society Solicitor Panel. Is it possible for me to continue with my prefered solicitor even though they are excluded from the Coventry Building Society list of approved lawyers?
The limited options open to you here include:
- Carry on with your existing Kenton solicitors but Coventry Building Society will need to instruct a lawyer on their list of acceptable firms. This will result in additional overall conveyancing charges and result in frustration.
- Choose a new solicitor to act in the purchase, obviously checking they are Convince your solicitor to use their best endeavours to join the Coventry Building Society conveyancing panel
A colleague suggested that where I am buying in Kenton I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is sometimes included in the estimate for your Kenton conveyancing searches. It is not a small report of more than thirty pages, listing and setting out important information about Kenton around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Kenton Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Local Education with plans and statistics, Local Amenities and other useful data concerning Kenton.
How does conveyancing in Kenton differ for new build properties?
Most buyers of new build or newly converted property in Kenton contact us having been asked by the builder to sign contracts and commit to the purchase even before the premises is built. This is because new home sellers in Kenton tend to purchase 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 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 used to new build conveyancing in Kenton or who has acted in the same development.
I bought a property in Kenton last 18/6/2018 and to date it is still not recorded with the Land Registry. It is part of a development site and my solicitor told me that it may take one year to complete the registration formalities. I have called HM Land Registry directly and they say that the initial application was cancelled due to questions not being addressed in time. What can I do?
It is your property lawyer that you must get in touch with in order to satisfy any concerns which have arisen as part of the registration process for your Kenton property. Normal Kenton conveyancing practice includes an undertaking on the part of the seller's property lawyer that they will assist in resolving any requisition raised by HMLR so it may be a case of taking action to enforce that undertaking if necessary.