I'm in the process of swapping over from my existing standard loan to a BTL Britannia mortgage. The bank has said that I require a conveyancer for this. I spoke to the same Southwick conveyancing solicitor who dealt with the legals when I initially bought the house. The costs illustration sent of £450 plus VAT has surprised me as its a refinance than a sale or purchase.
The estimate fees are a bit high. If you are happy to spend time comparing costs you may be able to shave off some of the cost by as much as £125. That being said, if you were happy with the service the firm offered you mightcome to regret opting for an a cheaper lawyer. Don't forget to ensure that the firm can represent Britannia. Do make use of our search tool to locate a Southwick conveyancing firm on the Britannia approved list of lawyers, which can often include conveyancing solicitors in Southwick.
Last November we completed a house move in Southwick. We have since encountered a number of issues with the property which we consider were missed in the conveyancing searches. What action can we take? Can you clarify the nature of searches that needed to have been ordered for conveyancing in Southwick?
The query is vague as to the nature of the problems and if they are unique to conveyancing in Southwick. Conveyancing searches and due diligence initiated as part of the legal transfer of property are carried out to help avoid problems. As part of the process, a property owner fills in a form known as a SPIF. answers proves to be misleading, then you may have a claim against the seller for any losses that you have suffered. The survey should have identified any problems with the structure of the property. Assuming a detailed survey was carried out and the issues were not identified, you may have a claim against the surveyor. However, if you did not have a full survey, you may be responsible for fixing any defects that have now been noted. We would always encourage buyers to take every possible step to ensure they are completely aware of the condition of a property before purchase regardless of whether they are buying in Southwick.
What is the difference between a licensed conveyancer and conveyancing solicitor in Southwick
There are two types of lawyers who can perform conveyancing in Southwick namely licenced conveyancers or solicitors. The two can provide conveyancing services that required to complete the sale or purchase of property. They are both obliged to handle Southwick conveyancing on similar quality and guidelines so you may be safe in the knowledge that your conveyancing will be properly conducted and that the requisite procedures will be suitably followed.
I'm spending time viewing flats in Southwick and I am now considering a potential offer. Should I already have a property lawyer in place at this point? I will be getting a home loan with UBS.
It would be sensible to start your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their contact information on to the estate agent. As you are taking out a mortgage with UBS, make sure you remember to check that your lawyer is on the UBS conveyancing panel.
I am currently in the process of buying my council flat in Southwick. I have a mortgage offer with Clydesdale. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Clydesdale, you will need to appoint a solicitor on the Clydesdale conveyancing panel.
What will a local search inform me regarding the property my wife and I buying in Southwick?
Southwick conveyancing often starts with the submitting local authority searches directly from your local Authority or through a personal search organisations such as PSG The local search plays an important part in many a Southwick conveyancing purchase; that is if you don’t want any nasty once you have moved into your new home. The search will provide information on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject headings.
Are there restrictive covenants that are commonly picked up during conveyancing in Southwick?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Southwick. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in two weeks back in what should have been a simple, chain free conveyancing. Southwick is where the house is located. Can you offer any advice?
Flying freeholds in Southwick are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Southwick you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Southwick may decide 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 property.