I have given 8 weeks notice to my current landlord and have to be out of my let out flat in Banstead by the end of next month. Conveyancing on my purchase has just started. Is it possible to complete in a couple of weeks as don't want to have to move into temporary accommodation?
Generally one should not serve notice for your letting until your lawyer suggests that you should. Assuming that you have not previously done so, speak to your conveyancer and urge them to they apply pressure on the owners side, try to an acceptable time-line that all parties will look towards
We hope to to buy with Earl Shilton BS. We have called around locally yet am struggling to find a Banstead conveyancing firm on the Earl Shilton BS approved list. Can you assist?
Please do take advantage of the find a lender approved solicitor tool on this page. Please choose the mortgage company and type Banstead or your location and you will be presented with a number of lawyer located in Banstead or by proximity to you.
Forgive me if this question is silly but I am unseasoned as FTB of a ground floor flat in Banstead. Do I pick up the keys to the house on the completion date from my conveyancer? If so, I will use a local conveyancing solicitor in Banstead?
On the day of completion you will not be required to go to the conveyancers office in Banstead. Your solicitors will arrange to send the completion advance to the vendor’s conveyancers, and once they have received this, you should be invited to pick up the keys from the Estate Agents and start moving into the property. This tends to happen early afternoon.
A colleague pointed out to me me that in buying a property in Banstead there may be a number of restrictions limiting what one can do in terms of external alterations to the property. Is this right?
There are anumerous of properties in Banstead which have some sort of restriction or requirement of consent to carry out external variations. Part of the conveyancing in Banstead should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Having read lots of mortgage guides, I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my local Banstead solicitor - who is on the Yorkshire BS conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
Yorkshire BS will need an independent valuation of the property. Your lawyer will not arrange this. Usually Yorkshire 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 Banstead postcode. As you are getting a mortgage with Yorkshire BS, you could contact them to see if they have a list of approved surveyors in Banstead.
How does conveyancing in Banstead differ for new build properties?
Most buyers of new build property in Banstead come to us having been asked by the builder to sign contracts and commit to the purchase even before the residence is finished. This is because house builders in Banstead usually 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 accustomed to new build conveyancing in Banstead or who has acted in the same development.
I've recently found out that there is a flying freehold issue on a house I put an offer in last month in what should have been a simple, chain free conveyancing. Banstead is the location of the property. What do you suggest?
Flying freeholds in Banstead are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Banstead you would need to get your solicitor to go through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Banstead 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.
There are a lot of houses in Banstead on unadopted lanes. My wife and I are buying such a property. What are the pros and cons of buying a property on a privately owned road?
Banstead conveyancing firms will be used to conveyancing homeson unadopted roads. The solicitor should investigate title to identify any rights or liabilities. It is possible that there is a management company (wholly owned by residents) that owners pay into to maintain the road. If one exists, the road should be maintained and appear nicer than council maintained.