I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Melbourne. My lender is Bank of Ireland
Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 18/11/2024, the requirements read as follows :
A friend suggested that if I am buying in Melbourne I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is occasionally included in the estimate for your Melbourne conveyancing searches. It is a large document of more than thirty pages, listing and detailing important information about Melbourne around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Melbourne Education with plans and statistics, Local Amenities and other useful data regarding Melbourne.
Due to the guidance of my in-laws I had a survey completed on a house in Melbourne prior to appointing lawyers. I have been informed that there is a flying freehold overhang to the property. Our surveyor advised that some banks will refuse to issue a loan on this type of premises.
It varies from the lender to lender. Santander has different requirements from Nationwide. Should you wish to telephone us we can check via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Melbourne. Conveyancing will be smoother if you use a solicitor in Melbourne especially if they are familiar with such properties in Melbourne.
In what way does the Landlord & Tenant Act 1954 affect my commercial property in Melbourne and how can you help?
The 1954 Act gives protection to commercial tenants, giving them the legal entitlement to apply to court for a continuation of occupancy when the lease comes to an end. There are certain specified grounds where a landlord can refrain from granting a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. Melbourne is one of our numerous locations in which the firms we work with are located
My brother has encouraged me to instruct his conveyancers in Melbourne. Should I use them?
There are no two ways about it the best way to select a conveyancing practitioner is to have referrals from friends or family who have experience in using the conveyancer you're considering.
My wife and I have just become aware that one of the directors of the law firm handling the purchase conveyancing in Melbourne is an aunty of the owners that we are purchasing from. Is this acceptable?
On the basis that no conflict arises this should be fine. If you are needing a home loan then the bank may have a say as many banks have specific requirements concerning this. For example for RBS (One Account) as of 18/11/2024, the requirements read as follows :