My fiancee and I are acquiring our first house. Our lawyer has messagedto enquire if we would like to order extra conveyancing searches. We are really unsure what's appropriate for conveyancing in Saltdean
The type of Saltdean conveyancing searches should be triggered based primarily on the premises, the location, the likelihood of any of these risks, your familiarity of the area and risks, your overall attitude to risk. What matters is that you adequately appreciate what information the searches could give you. You may then decide if you consider that you need that search. Where you are unsure, ask your lawyer to advise.
What is the best way to investigate if the solicitor handling my conveyancing in Saltdean is on the mortgage lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Aldermore thus paying £175.00 in supplemental legal fees.
Feel free to make use of the find a lender approved solicitor tool on this web page. Pick the mortgage company and type ‘Saltdean’ or your location and you will be presented with numerous conveyancers based in Saltdean or nearest you.
Due to the input of my in-laws I had a survey completed on a property in Saltdean before instructing lawyers. I have been advised that there is a flying freehold overhang to the property. Our surveyor has said that some banks may refuse to grant a mortgage on this type of property.
It varies from the lender to lender. Bank of Scotland has different instructions for example to Nationwide. Should you wish to call us we can look into this further with 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 Saltdean. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Saltdean to see if the conveyancing costs will increase in light of this.
What does commercial conveyancing in Saltdean cover?
Commercial conveyancing in Saltdean incorporates a wide array of advice, given by regulated solicitors, relating to business property. For instance, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.
Am I best advised to choose a Saltdean conveyancing solicitor based in the area that I am purchasing? We have a good friend who can execute the legal work however they are based a couple of hundredmiles drive away.
The benefit of a high street Saltdean conveyancing firm is that you can pop in to execute paperwork, hand in your identification documents and pester them where appropriate. They will also have local knowledge which is a benefit. However it's more important to get someone that will do a good and efficient job. If other friends have instructed your friend and on the whole were happy that should outweigh using an unfamiliar Saltdean conveyancing solicitor just because they are based in the area.
I today plan to offer on a house that appears to tick a lot of boxes, at a great price which is making it all the more appealing. I have just found out that the title is leasehold as opposed to freehold. I am assuming that there are issues buying a house with a leasehold title in Saltdean. Conveyancing advisers have not yet been appointed. Will they explain the issues?
The majority of houses in Saltdean are freehold rather than leasehold. This is one of the situations where having a local conveyancer used to dealing with such properties who can assist with the conveyancing process. It is clear that you are buying in Saltdean in which case you should be shopping around for a Saltdean conveyancing solicitor and check that they have experience in advising on leasehold houses. First you will need to check the number of years remaining. As a leaseholder you will not be at liberty to do whatever you want with the house. The lease comes with conditions for example obtaining the freeholder’spermission to carry out changes to the property. You may also be required to pay a maintenance charge towards the upkeep of the communal areas where the property is part of an estate. Your solicitor should report to you on the legal implications.