We are buying our first home. Our property lawyer has texted usto check if we would like to take out supplemental conveyancing searches. Frankly we are clueless as to what's appropriate for conveyancing in Glastonbury
The type of Glastonbury conveyancing searches should be triggered based primarily on the property, the location, the probability of any of these risks, your familiarity of the area and risks, your general appetite to risk. What matters is that you adequately appreciate what information each search could supply. You may then decide if you personally think you need that search. Should you be in doubt, ask your conveyancer to recommend.
A relative pointed out to me me that in purchasing a property in Glastonbury there may be a number of restrictions prohibiting external alterations to the property. Is this right?
There are a number of properties in Glastonbury which have some sort of restriction or requirement of consent to external variations. Part of the conveyancing in Glastonbury should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
We had selected conveyancing lawyers based in Glastonbury on the Aldermore solicitor panel. They have just invoiced me an additional charge for dealing with the Aldermore mortgage. Is this an additional conveyancing fee set by Aldermore?
Provided it is contained in their Terms and Conditions or estimate then yes your solicitor can levy a fee for this. This fee is not dictated by Aldermore but by your Glastonbury conveyancer. Some firms on the Aldermore panel will levy an ‘acting for lender’ fee but plenty of practices incorporate it on their overall fee.
Two weeks ago we had a mortgage agreed in principle with Santander. Glastonbury conveyancing practitioners were appointed. What is the average time that one could expect to receive a mortgage offer from Santander?
Some lenders take longer than others. Have Santander completed the survey? Have you informed Santander as to your lawyers' details and checked that your lawyers are on the Santander conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
Should commercial conveyancing searches disclose planned roadworks that may affect a commercial site in Glastonbury?
Its becoming the norm that commercial conveyancing solicitors in Glastonbury will perform a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in sourcing accurate data on highways that impact buildings and development assets in Glastonbury. The search result sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Glastonbury.
For every commercial conveyancing transaction in Glastonbury it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately could cause delays to Glastonbury commercial conveyancing transactions as well as pose a risk to future plans for the site. These searches are not carried out for residential conveyancing in Glastonbury.
The deeds to our house are lost. The conveyancers who did the conveyancing in Glastonbury 10 years ago are no longer around. What do I do?
Assuming you have a registered title the details of your ownership will be documented by the Land Registry with a Title Number. It is easy to execute a search at the Land Registry, identify your property and get current copies of the Registered Entries for a small fee. Where the property is Leasehold then the Land Registry will also normally hold a certified copy of the Registered Lease and again, a copy can be retrieved for £20 inclusive of VAT.
I decided to have a survey carried out on a property in Glastonbury in advance of retaining lawyers. I have been told that there is a flying freehold element to the house. Our surveyor has said that some lenders will refuse to issue a mortgage on this type of property.
It varies from the lender to lender. Bank of Scotland has different requirements for example to Birmingham Midshires. Should you wish to call us we can check with 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 Glastonbury. Conveyancing will be smoother if you use a solicitor in Glastonbury especially if they regularly deal with such properties in Glastonbury.
I'm converting the mortgage on my existing house to a buy to let mortgage with Yorkshire Building Society and intend to use the remaining equity towards a second house. The location we are looking at is Glastonbury. Will your solicitors be able to act for the two banks and link together the transactions?
Make use of our search tool on this page to ensure that the lawyers are approved by both lenders. On the basis that they are your conveyancer will be able to connect the two transactions but you should have a chat with you solicitor and make apparent your expectations and requirements.