I am buying a property without a mortgage in Waterhouses. I have resided for the previous dozen years in Waterhouses. Conveyancing searches are exorbitant. As I have knowledge of the road and vicinity very well should I not bother getting the solicitor to do all the conveyancing searches?
Provided that you do not need a home loan, then all but one or two of the Waterhouses conveyancing searches are at your discretion. Your lawyer will ’encourage you, perhaps strongly, that you should have searches completed, but he is duty bound to take that path of encouragement . One thing to consider; if you are going to sell the house one day, it will be of importance to your future buyer what the searches contain. Sometimes properties with no practical issues can still show up unfavourable search results. A good conveyancing solicitor in Waterhouses should be able to give you some practical guidance here.
We note that you have a post code search directory listing firms on the Leeds Building Society conveyancing panel. Do firms pay you a referral fee if I appoint them for our own conveyancing in Waterhouses?
We are a listing service only for law firms wishing to communicate if they are on the Leeds Building Society conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Waterhouses.
Should commercial conveyancing searches reveal proposed roadworks that may affect a commercial estate in Waterhouses?
Its becoming the norm that commercial conveyancing solicitors in Waterhouses will perform a SiteSolutions Highways report as it dramatically cuts the time that conveyancers spend in sourcing accurate data on highways that impact buildings and development assets in Waterhouses. The search result provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Waterhouses.
For every commercial conveyancing transaction in Waterhouses it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately may result in delays to Waterhouses commercial conveyancing deals as well as present a risk to future plans for the site. These searches are not carried out for residential conveyancing in Waterhouses.
My wife and I purchased a terraced Georgian property in Waterhouses. Conveyancing solicitor represented me and Birmingham Midshires. I did a free Land Registry search last week and I saw two entries: one for freehold, the second leasehold under the exact same property. If a house is not a freehold shouldn't I have been informed?
You should read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Waterhouses and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the position with your conveyancing solicitor who conducted the work.
Yesterday I discovered that there is a flying freehold issue on a property I have offered on a fortnight ago in what should have been a quick, chain free conveyancing. Waterhouses is the location of the property. Can you shed any light on this issue?
Flying freeholds in Waterhouses are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Waterhouses you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Waterhouses 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.