I am acquiring a property without a mortgage in Southwater. I have resided for the previous 20 years in Southwater. Conveyancing searches are exorbitant. As I have knowledge of the area and road very well must I have all the conveyancing searches?
Provided that you do not need a mortgage, then almost all of the Southwater conveyancing searches are at your discretion. Your conveyancer will 'advise', no-doubt strongly, that you should have searches carried out, but she is duty bound to do this. Do bear in mind; if you are likely to sell the house at a future date, it could be of relevance to your future purchaser what the searches reveal. On occasion houses with functional issues can still throw up unexpected search results. A competent conveyancing solicitor in Southwater should provide you some helpful advice in this regard.
Do banks and building societies provide you with an approved list of Southwater conveyancing solicitors? How do you know who is on the RBS conveyancing panel?
Southwater conveyancing firms themselves provide us confirmation that they are on the RBS conveyancing panel as opposed to being supplied with a list from RBS directly.
My colleague suggested that if I am purchasing in Southwater I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is sometimes included in the estimate for your Southwater conveyancing searches. It is not a small document of more than thirty pages, listing and detailing significant information about Southwater around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Southwater Education with plans and statistics, Local Amenities and other useful data regarding Southwater.
I've recently found out that there is a flying freehold element on a property I put an offer in two weeks back in what should have been a quick, no chain conveyancing. Southwater is where the house is located. Can you offer any opinion?
Flying freeholds in Southwater are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Southwater you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Southwater may determine 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 property.
What type of premises does your Southwater conveyancing quotes relate to?
Our conveyancing quotes are only appropriate to standard residential premises in England & Wales. If you have any different needs for example industrial or agricultural property or commercial conveyancing in Southwater do telephone us to discuss your requirements .