I am need of leasehold conveyancing for a flat in a relatively new development (five years old) in Caterham. The vast majority the flats have already been occupied. Do I need carry out the neighbourhood searches for my conveyancing in Caterham?
If you getting a loan, your bank will insist on some (many) of the searches so you'll have no choice. If not, then Caterham conveyancing searches are for you to decide upon. Your solicitor, will ’encourage’, perhaps strongly, that you should have the searches done, 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 it may be necessary to instruct a new lawyer for your conveyancing in Caterham.
Are the BSA planning on creating a online directory to list firms on the Darlington Building Society conveyancing panel for instance in Caterham?
Lexsure has not been advised of any plans on the part of the BSA to develop such a tool.
Are there restrictive covenants that are commonly identified as part of conveyancing in Caterham?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Caterham. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I opted to have a survey carried out on a property in Caterham in advance of appointing solicitors. I have been informed that there is a flying freehold aspect to the property. Our surveyor has said that some mortgage companies will refuse to grant a loan on this type of property.
It depends who your proposed lender is. HSBC has different instructions from Nationwide. Should you wish to telephone us we can investigate further with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Caterham. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Caterham to see if the conveyancing will be more expensive.
Am I best advised to appoint a Caterham conveyancing lawyer in close proximity to the house I am buying? I have an old university friend who can perform the legal formalities but they are based over three hundred miles drive away.
The benefit of a local Caterham conveyancing firm is that you can attend the office to execute documents, hand in your ID and apply pressure on them where appropriate. Having local Caterham know how is a benefit. However nothing is more important than finding someone that will do a good and efficient job. If you know people who used your friend and they were impressed that should surpass using an unfamiliar Caterham conveyancing solicitor solely due to them being local.
How do I establish who is the owner of a property in Caterham?
Provided the property is recorded at HMLR, and you have the specifics of the location of the property, you will be able to see results from the the Land Registry of the recorded proprietor for a for less than a fiver.