I am purchasing a house for cash in Symonds Yat. I have lived for the last 15 years in Symonds Yat. Conveyancing searches are a lot of money. As I have knowledge of the road and vicinity intimately should I not bother getting the solicitor to do all the conveyancing searches?
Provided that you do not need a home loan, then the vast majority of the Symonds Yat conveyancing searches are optional. Your lawyer will try and steer you, perhaps strongly, that you should have searches carried out, but she is duty bound to do this. One thing to bear in mind; if you are going to sell the house one day, it could be of relevance to your prospective purchaser what the searches disclose. Sometimes houses with functional issues can still throw up adverse search results. A good conveyancing solicitor in Symonds Yat should be able to give you some sensible guidance in this regard.
The Symonds Yat conveyancing solicitors that just started acting on my purchase in Symonds Yat have suddenly shut down. I chose them because I had to have a solicitor on the Skipton conveyancing panel and my previous Symonds Yat lawyer was not. I paid them 275 plus VAT in advance. What do I do now?
If you have an estate agent involved then let them know straight away so that they advise the vendors that there may be a slight delay due to the problems encountered. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Skipton conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers may be able to assist.
What will a local search inform me concerning the house my wife and I buying in Symonds Yat?
Symonds Yat conveyancing often starts with the submitting local authority searches directly from your local Authority or via a personal search company for example Searches UK The local search is essential in every Symonds Yat conveyancing purchase; as long as you don’t want any nasty surprises after you move into your property. The search will supply data on, amongst other things, details on planning applications relevant 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 areas.
Due to the encouragement of my in-laws I had a survey completed on a house in Symonds Yat ahead of appointing solicitors. I have been informed that there is a flying freehold overhang to the property. The surveyor advised that some lenders tend refuse to give a loan on such a home.
It depends who your proposed lender is. Santander has different requirements for example to Halifax. If you 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 Symonds Yat. Conveyancing will be smoother if you use a solicitor in Symonds Yat especially if they are familiar with such properties in Symonds Yat.
My partner has recommend that I use his conveyancing solicitors in Symonds Yat. Should I use them?
Much as we are happy to recommend a Symonds Yat conveyancing lawyer it’s preferable to choose a conveyancing practitioner is to seek referrals from friends or family who have actually used the firm you're are thinking of instructing.
New build sellers have put forward a solicitor and I've sought a quote from them. It's nearly £300 less expensive than my family Symonds Yat solicitor. Should I use them?
Housebuilders normally have panels of property lawyers who are quick and who know the builder's contract and conveyancer. As many developers offer an incentive to choose their approved conveyancing practitioner for this reason, any increased cost can be avoided and a developer won't suggest a conveyancing warehouse and run the risk of having the transaction delayed when they need an exchange within a tight deadline. The argument for not opting for the suggested property lawyer is that they may be hesitant to fight for your interests for fear of alienating the housebuilder. Where you have concerns that this may be the situation you should stick with your high street Symonds Yat solicitor.