My wife and I are about to complete buying a house in Turnham Green but as a consequence of wreckage from a small fire at the property I have managed to agree reparation from the vendor in the sum of six thousand pounds in the form of a deduction in the price. This was going to be addressed as part of a side agreement however Nottingham are not allowing this. Why were they notified?
The solicitor that is on a Nottingham conveyancing panel is duty bound to advise Nottingham of any amendments to the sale price. If you were to refuse your conveyancer to notify the price change to Nottingham then they would have to discontinue acting for you. In addition, Nottingham and you would have to appoint a new lawyer for your conveyancing in Turnham Green.
Me and my brother own a renovated Georgian house in Turnham Green. Conveyancing solicitor represented me and National Westminster Bank. I did a free Land Registry search last week and I saw two entries: one for freehold, the second leasehold under the matching address. If a house is not a freehold shouldn't I have been informed?
You need to assess 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 Turnham Green and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also enquire as to the situation with the conveyancing practitioner who completed the work.
How does conveyancing in Turnham Green differ for newly converted properties?
Most buyers of new build premises in Turnham Green contact us having been asked by the builder to sign contracts and commit to the purchase even before the residence is ready to move into. This is because developers in Turnham Green typically acquire the land, 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 Turnham Green or who has acted in the same development.
I opted to have a survey carried out on a property in Turnham Green before appointing conveyancers. I have been told that there is a flying freehold aspect to the property. The surveyor advised that some mortgage companies will refuse to issue a loan on a flying freehold house.
It varies from the lender to lender. Santander has different instructions for example to Halifax. If you contact us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Turnham Green. Conveyancing may be slightly more expensive based on your lender's requirements.
Am I best advised to instruct a Turnham Green conveyancing lawyer based in the location that I am purchasing? An old friend can carry out the legal formalities but her office is 400kilometers away.
The benefit of a local Turnham Green conveyancing firm is that you can attend the office to execute documents, deliver your identification documents and apply pressure on them where appropriate. Having local Turnham Green know how is a plus. However nothing is more important than finding someone that will do a good and efficient job. If you know people who instructed your friend and on the whole were content that must trump using an unfamiliar Turnham Green conveyancing lawyer just because they are round the corner.
We are contemplating using an online property lawyer ahead of a Turnham Green conveyancing firm. Any advice?
Advantages do exist in having the option pop in to a local Turnham Green conveyancing solicitor such as
- signing documents and and when necessary
- having face-to-face explanations of things that you need help with
- the ability to raise concerns if things go pear-shaped
When comparing estimates, look out for hidden extras. Most decent Turnham Green high street solicitors give an all-inclusive figure. Many online agents appear to offer cheap prices, but have hidden 'extras' in the small print.