A colleague suggested that where I am purchasing in Petersfield I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is sometimes quoted for as part of the standard Petersfield conveyancing searches. It is a large report of more than thirty pages, listing and setting out important information about Petersfield 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, Petersfield Education with maps and statistics, Local Amenities and other useful data about Petersfield.
How does conveyancing in Petersfield differ for new build properties?
Most buyers of new build or newly converted property in Petersfield contact us having been asked by the seller to exchange contracts and commit to the purchase even before the residence is completed. This is because builders in Petersfield tend to buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Petersfield or who has acted in the same development.
I've recently found out that there is a flying freehold element on a house I have offered on last month in what should have been a simple, no chain conveyancing. Petersfield is where the house is located. Can you shed any light on this issue?
Flying freeholds in Petersfield are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Petersfield you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Petersfield may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
I am downsizing from my house. My past lawyers have shut. I would be grateful for any recommendation of a conveyancing firm. Im based in Petersfield if that affects matters.
Please use our search tool to help you choose a solicitor for your conveyancing in Petersfield. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
My brother has recommend that I appoint his conveyancers in Petersfield. Should I choose my own solicitor?
No doubt the ideal way to select a conveyancing practitioner is to get guidance from friends or family who have actually previously instructed the solicitor you're are thinking of instructing.
I have just started marketing my 2 bed apartment in Petersfield. Conveyancing lawyers have not yet been instructed, however I have recently had a half-yearly maintenance charge demand – Do I pay up?
The sensible thing to do is clear the maintenance contribution as you normally would because all rents and service payments should be apportioned as part of the financial calculations for completion monies, so you will be reimbursed by the purchaser for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
Petersfield Conveyancing for Leasehold Flats - Sample of Questions you should ask Prior to buying
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It is important to be aware whether a new roof is being put on or some other significant cost is due in the near future to be shared by the leasehold owners and will dramatically impact the level of the maintenance costs or result in a specific invoice. What is the the remaining lease term? This question is useful as a) areas may cause problems in the block as the common areas may start to deteriorate if repairs are not paid for b) if the tenants have an issue with the managing agents you will want to have complete disclosure