I am purchasing a house mortgage free in Birtley. I have lived for the last 20 years in Birtley. Conveyancing searches are a lot of money. Given that I know the road and vicinity intimately should I not bother getting the solicitor to do all the conveyancing searches?
In the absence of a home loan, then all but one or two of the Birtley conveyancing searches are non-obligatory. Your solicitor will 'advise', no-doubt strongly, that you should have searches done, but he is duty bound to take that path of advice. One thing to take into account; if you are likely to dispose of the house one day, it will likely be be of interest to your future purchaser what the searches determine. There are plenty of instances where houses with day to day issues can still reveal unpredicted search results. A competent conveyancing solicitor in Birtley will provide you some helpful advice concerning this.
My mortgage company has suggested a law firm on their panel based in Birtley but I would rather choose a conveyancing lawyer in Birtley or nearer to where I live. Can you help?
Far from all Birtley conveyancing solicitors are on all lender’s conveyancing panel. Please make use of the above search tool to identify a Birtley conveyancing solicitor on the on the lender panel.
I require quick conveyancing in Birtley as I am faced with an ultimatum to exchange contracts in less than 3 weeks. A mortgage is not required. Can I escape the need for conveyancing searches to save fees and time?
If.Given you are not taking a mortgage you have the choice not to have searches conducted although no lawyer would advise that you don't. With lots of history conveyancing in Birtley the following are examples of what can be revealed and therefore affect market value: Enforcement Actions, Overdue Charges, Outstanding Grants, Unadopted Roads,...
How does conveyancing in Birtley differ for new build properties?
Most buyers of new build or newly converted property in Birtley contact us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the house is ready to move into. This is because new home sellers in Birtley usually acquire the site, 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 used to new build conveyancing in Birtley or who has acted in the same development.
I decided to have a survey carried out on a house in Birtley before retaining lawyers. I have been told that there is a flying freehold overhang to the house. My surveyor advised that some lenders may refuse to issue a mortgage on a flying freehold home.
It depends who your proposed lender is. HSBC has different requirements for example to Nationwide. Should you wish to call us we can investigate further via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Birtley. Conveyancing may be slightly more expensive based on your lender's requirements.
We are in the process of purchasing a property in Birtley. Conveyancing is not over but we wish to keep the amount we are are buying for a secret from sites such as Zoopla. How can this be achieved ?
HMLR as a matter of law bound to disclose price paid information on a register of the title for domestic properties countrywide which includes homes in Birtley. The register of title is a public document, so HMLR would be breaching their statutory duty excluded certain homes such as the one in Birtley.
You can ask HMLR to withhold the amount paid entry yet the response would be in the negative.