I have been referred to a conveyancing solicitor in Sychdyn. I I would like to check whether they are accepted on the Nationwide Building Society approved list of lawyers. Could you assist?
You should phone the solicitor and ask them if they can act for the lender. Otherwise you should get in touch with Nationwide Building Society who may be able to help.
My friend advised me that where I am buying in Sychdyn I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is usually included in the estimate for your Sychdyn conveyancing searches. It is not a small document of more than thirty pages, listing and detailing important information about Sychdyn around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Sychdyn Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Local Education with maps and statistics, Local Amenities and other useful information regarding Sychdyn.
I have a terraced Georgian house in Sychdyn. Conveyancing solicitor represented me and Barnsley Building Society. I did a free Land Registry search last week and there are a couple of entries: the first freehold, another for leasehold with the matching address. If a house is not a freehold shouldn't I have been informed?
You should read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Sychdyn and other locations in the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with purchasers. You can also enquire as to the position with your conveyancing practitioner who conducted the conveyancing.
How does conveyancing in Sychdyn differ for newly converted properties?
Most buyers of new build property in Sychdyn come to us having been asked by the developer to sign contracts and commit to the purchase even before the property is ready to move into. This is because developers in Sychdyn typically buy the site, 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 conveyancing solicitors 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 used to new build conveyancing in Sychdyn or who has acted in the same development.
I opted to have a survey carried out on a house in Sychdyn ahead of retaining solicitors. I have been told that there is a flying freehold element to the house. Our surveyor has said that some banks may refuse to issue a loan on a flying freehold premises.
It depends who your proposed lender is. Santander has different requirements for example to Nationwide. Should you wish to call us we can look into this further with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Sychdyn. Conveyancing will be smoother if you use a solicitor in Sychdyn especially if they are accustomed to such properties in Sychdyn.
What are your top tips when it comes to appointing a Sychdyn conveyancing firm to carry out our lease extension conveyancing?
When appointing a property lawyer for your lease extension (regardless if they are a Sychdyn conveyancing practice) it is imperative that they be familiar with the legislation and specialises in this area of work. We advise that you speak with two or three firms including non Sychdyn conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions could be useful:
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Can they put you in touch with clients in Sychdyn who can give a testimonial? If the firm is not ALEP accredited then what is the reason?
Sychdyn Conveyancing for Leasehold Flats - Examples of Questions you should ask Prior to buying
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How many years are left on the lease? It is important to be aware whether redecorating or some other major work is coming up to be shared by the leaseholders and could well materially increase the the service charges or result in a one off invoice.