I am buying a house mortgage free in Covent Garden. I have resided for the last 15 years in Covent Garden. Conveyancing searches are expensive. As I know the area and road intimately should I not bother getting the solicitor to do all the conveyancing searches?
Provided that you do not need a mortgage, then almost all of the Covent Garden conveyancing searches are at your discretion. Your lawyer will 'advise', no-doubt strongly, that you should have searches done, but she has a professional duty to do this. Do bear in mind; if you are intend to dispose of the house at a future date, it could be of importance to your prospective buyer what the searches disclose. On occasion houses with functional issues can still throw up detrimental search results. A good conveyancing solicitor in Covent Garden should provide you some helpful guidance concerning this.
We are close to exchanging contracts on the sale of our house in Covent Garden and according to the buyers it appears that there is a possibility that the property was constructed land that was not decontaminated. A local conveyancer would know this is not the case. For the life of me I don't know why the purchasers are using an online conveyancing practice as opposed to a conveyancing solicitor in Covent Garden. We have lived in Covent Garden for 5 years we know that this is a non issue. Should we contact our local Authority to seek clarification that the buyers are looking for.
It sounds as though you may have a conveyancing firm currently acting for you. Are they able to advise? You need to enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same sickness)
Just had an offer accepted on a new build flat in Covent Garden. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here is a sample of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Covent Garden
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Please confirm the Lease plans are architect prepared. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?
I decided to have a survey completed on a house in Covent Garden before appointing solicitors. I have been informed that there is a flying freehold element to the property. My surveyor advised that some lenders may refuse to issue a loan on this type of property.
It varies from the lender to lender. Lloyds has different requirements for example to Halifax. If you call us we can check with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Covent Garden. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Covent Garden to see if the conveyancing costs will increase in light of this.
I have been advised by a number of estate agents in Covent Garden to get a quote from a property lawyer on your site. Is there a financial incentive for Estate Agents to offer your services rather than another?
We refuse to offer any referral fee for pointing buyers and sellers in our direction. We found it would be just too difficult to pay a commission as a client could think, ‘How come the agent getting a kickback? Why am I not getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
I need to find a conveyancing solicitor for purchase conveyancing in Covent Garden. I happened to discover a web site which seems to have the perfect offering If it is possible to get all the legals completed via phone that would be preferable. Should I be concerned? What should out be looking out for?
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?