What is the first thing I need to know regarding purchase conveyancing in Costessey?
You may not hear this from too many lawyers but conveyancing in Costessey and elsewhere in England and Wales is often a confrontational experience. Put another way, when it comes to conveyancing there exists lots of room for confrontation between you and others involved in the legal transfer of property. For instance, the seller, estate agent and sometimes your bank. Choosing a law firm for your conveyancing in Costessey should not be taken lightly as your conveyancer is your adviser, and is the ONE party in the legal process whose interest is to act in your legal interests and to protect you.
There is a definite ongoing adversarial element to conveyancing- someone has to be at fault for the process being so protracted. We recommend that you must always trust your lawyer ahead of all other parties when it comes to the legal transfer of property.
My father pointed out to me me that in buying a property in Costessey there may be various restrictions prohibiting external changes to a property. Is this right?
We are aware of a number of properties in Costessey which have some sort of restriction or requirement of consent to carry out external alterations. Part of the conveyancing in Costessey should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
We have agreed to purchase a house in Costessey. A rare aspect is that the roof has a solar panel. Co-operative have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As your lender is Co-operative your lawyer must check the formal requirements set out in Part 2 of UK Finance Lenders’ Handbook for Co-operative. The CML Handbook sets out minimum specifications for solar panel roof-space leases, and conveyancers are required to report to Co-operative where a lease fails to comply with these specifications. The requirements relate to the installation of panels on properties nationwide and is not limited to Costessey.
Having digested plenty of house buying guides, I note that they all recommend that you should get your house surveyed prior to buying it. When I asked my local Costessey solicitor - who is on the Santander conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
Santander will need an independent valuation of the property. Your lawyer will not arrange this. Usually Santander 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. You may wish to consider appointing your own Costessey surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
What can a local search inform me about the house my wife and I purchasing in Costessey?
Costessey conveyancing often starts with the applying for local authority searches directly from your local Authority or via a personal search organisations for instance Onsearch The local search is essential in every Costessey conveyancing purchase; as long as you don’t want any nasty surprises after you move into your new home. The search should reveal information on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject headings.
I have recentlydiscovered that Stirling Law have been shut down. They conducted my conveyancing in Costessey for a purchase of a leasehold apartment 12 months ago. How can I check that the property is in my name in the name of the previous owner?
The easiest method to see if the premises is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Costessey conveyancing specialists.
I decided to have a survey completed on a house in Costessey ahead of instructing solicitors. I have been told that there is a flying freehold overhang to the property. Our surveyor has said that some lenders tend refuse to issue a loan on this type of home.
It varies from the lender to lender. Santander has different instructions from Birmingham Midshires. Should you wish to telephone us we can look into this further with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Costessey. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Costessey to see if the conveyancing will be more expensive.
Harry (my fiance) and I may need to sub-let our Costessey 1st floor flat for a while due to taking a sabbatical. We used a Costessey conveyancing practice in 2003 but they have since shut and we did not think at the time get any guidance as to whether the lease allows us to sublet. How do we find out?
Notwithstanding that your previous Costessey conveyancing solicitor is not around you can check your lease to check if it allows you to sublet the property. The rule is that if the deeds are silent, subletting is allowed. There may be a precondition that you are obliged to obtain consent from your landlord or some other party prior to subletting. This means that you cannot sublet in the absence of prior permission. Such consent must not not be unreasonably turned down. If the lease prohibits you from letting out the property you will need to ask your landlord for their consent.
Costessey Conveyancing for Leasehold Flats - Sample of Questions you should ask Prior to Purchasing
-
This information is helpful as a) areas may result in problems for the building as the communal areas may start to deteriorate where services are not paid for b) if the leaseholders have an issue with the running of the building you will need to know about it How long is the Lease? How much is the ground rent and service charge?