My wife and I buying a detached bungalow in Longthorpe. We would like to carry out an extension to the side at the house.Will the conveyancing process include checks to ascertain if these works are prohibited?
Your conveyancer should review the registered title as conveyancing in Longthorpe can occasionally reveal restrictions in the title deeds which prevent certain alterations or need the permission of a 3rd party. Some additions require local authority planning consent and approval under the building regulations. Some areas are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. You should check these issues with a surveyor ahead of any purchase.
I have a mortgage with Bank of Ireland for my property in Longthorpe. Conveyancing was finalised a year ago. In the event that I decide to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Bank of Ireland?
You must advise Bank of Ireland prior to letting out your property as this is likely to be a breach of Bank of Ireland’s mortgage conditions. It may be that Bank of Ireland will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Bank of Ireland directly. It should not be necessary to do this via a Bank of Ireland conveyancing panel solicitor.
After shopping around on the internet I have found a Longthorpe property lawyer having checked that they are on the Coventry BS conveyancing panel. Does my lawyer arrange the survey of the property?
Coventry BS will need an independent valuation of the property. Your lawyer will not arrange this. Usually Coventry BS will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your property lawyer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Longthorpe postcode. As you are getting a mortgage with Coventry BS, you could contact them to see if they have a list of approved surveyors in Longthorpe.
How does conveyancing in Longthorpe differ for new build properties?
Most buyers of new build or newly converted property in Longthorpe contact us having been asked by the developer to exchange contracts and commit to the purchase even before the property is constructed. This is because new home sellers in Longthorpe usually 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 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 accustomed to new build conveyancing in Longthorpe or who has acted in the same development.
Given that I will soon part with hundreds of thousands of pounds on a property in Longthorpe I wish to talk to a lawyer regarding thehome move in advance of appointing the firm. Can this be arranged?
Absolutely - it is our preference to talk to you we do not take any clients on without you liaising with the lawyer due to be carrying out your conveyancing in Longthorpe.There is no ‘factory style conveyancing’ - each client is an important person, not a file reference. The law firms that we put you in touch with believe that the fees you are provided with for your conveyancing in Longthorpe should be the amount on the final invoice that you are charged.
My husband and I are novice buyers - had an offer accepted, but the property agent told us that the owners will only proceed if we use the agent's recommended lawyers as they are insisting on a ‘quick sale’. Our preferred option is to instruct a high street conveyancer accustomed to conveyancing in Longthorpe
It is highly unlikely the owners are driving this. If they desire ‘a quick sale', taking such a hostile approach to a serious purchaser is not the way to achieve this. Contact the sellers directly and explain that (a)you are serious purchasers (b)you are ready to go, with mortgage lined up © you have nothing to sell (d) you wish to move quickly (e)however you will continue to appoint your own,trusted Longthorpe conveyancing lawyers - not the ones that will earn their negotiator at the agency a referral fee or hit his conveyancing figures pre-set by corporate headquarters.
Why do Longthorpe conveyancing charges are higher for leasehold and freehold properties?
Leasehold conveyancing in Longthorpe more often than not will involve additional due diligence such as investigating the lease, corresponding with the freeholder, obtaining up to date rent receipts, landlord’s consents, management company’s accounts amongst other tasks.