I require conveyancing for an apartment in a relatively new development (seven years built) in Castleton and Blacktown. 95% of the appartments are already sold. Is it really necessary to order neighbourhood searches as part of conveyancing in Castleton and Blacktown?
Where you are obtaining a mortgage, your mortgage company will insist on some (many) of the searches so you'll have no choice. If not, then Castleton and Blacktown conveyancing searches are for you to decide upon. No doubt your conveyancer, will ’encourage’, perhaps in the strongest possible terms, that you should not go ahead without searches, but he or she is duty bound in this regard. One thing to bear in mind; if you are likely to sell the house one day, it may be of interest to your future buyer what the searches contain. Sometimes houses with no practical issues can still throw up adverse search results. But if you insist that your lawyer to proceed without searches then your lawyer will have to follow your instructions or you will need to switch to another solicitor for your conveyancing in Castleton and Blacktown.
I am the registered owner of a freehold premises in Castleton and Blacktown but still pay rent, why is this and what is this?
It is rare for properties in Castleton and Blacktown and has limited impact for conveyancing in Castleton and Blacktown but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back hundreds of years, but the Rent Charge Act 1977 barred the establishment of fresh rentcharges from 1977 onwards.
Old rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 is to be extinguished.
We wanted to use a property lawyer in Castleton and Blacktown for our house move. Our financial adviser has since notified us that our mortgage lenders Birmingham Midshires won't deal with them. Why is this not regarded as unduly restrictive?
A mortgage company will require an approved solicitor act for it. Borrowers are expected to bear the charges for this. Do use our search facility to get a quote from a solicitor to conduct conveyancing in Castleton and Blacktown on the Birmingham Midshires member panel.
How does conveyancing in Castleton and Blacktown differ for new build properties?
Most buyers of new build or newly converted property in Castleton and Blacktown come to us having been asked by the seller to sign contracts and commit to the purchase even before the property is ready to move into. This is because developers in Castleton and Blacktown tend to 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 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 Castleton and Blacktown or who has acted in the same development.
I have been recommended by three or four local selling agents in Castleton and Blacktown to locate a conveyancer using your seach tool. Is there a financial advantage for Estate Agents to market your site rather than another?
We don’t give any referral fee for sending work in our direction. We found it would be just too difficult to pay a commission because members of the public would think, ‘Why is the agent getting a kickback? Why aren’t I getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
I need to find a conveyancing solicitor for some conveyancing in Castleton and Blacktown. I have chance upon a site which looks to be the ideal answer If it is possible to get all this stuff completed via phone that would be ideal. Do I need to be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?