I am acquiring a property mortgage free in South Hornchurch. I have been living for the previous twelve years in South Hornchurch. Conveyancing searches are expensive. As I have knowledge of the road and vicinity intimately must I have all the conveyancing searches?
In the absence of a home loan, then almost all of the South Hornchurch conveyancing searches are at your discretion. Your conveyancer will try and steer you, no-doubt strongly, that you should have searches done, but she is duty bound to do this. Do take into account; if you are intend to sell the house in the future, it will be of interest to your prospective purchaser what the searches contain. On occasion properties with day to day issues can still reveal negative search results. A good conveyancing solicitor in South Hornchurch will provide you some sensible guidance here.
What can a local search tell me regarding the property we're purchasing in South Hornchurch?
South Hornchurch conveyancing often starts with the applying for local authority searches directly from your local Authority or through a personal search organisations for instance Onsearch The local search plays an important part in most South Hornchurch conveyancing purchase; that is if you don’t want any nasty surprises after you move into your new home. The search will provide information on, amongst other things, details on planning applications relevant to the premises (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 thirteen subject areas.
How does conveyancing in South Hornchurch differ for new build properties?
Most buyers of new build property in South Hornchurch approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the house is completed. This is because developers in South Hornchurch typically acquire 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 accustomed to new build conveyancing in South Hornchurch or who has acted in the same development.
Due to the advice of my in-laws I had a survey completed on a property in South Hornchurch before instructing lawyers. I have been told that there is a flying freehold aspect to the property. My surveyor advised that some mortgage companies will not issue a loan on this type of home.
It varies from the lender to lender. Santander has different requirements for example to Halifax. If you e-mail us we can look into this further with the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in South Hornchurch. Conveyancing will be smoother if you use a solicitor in South Hornchurch especially if they are accustomed to such properties in South Hornchurch.
In what way does the Landlord & Tenant Act 1954 affect my commercial offices in South Hornchurch and how can your lawyers assist?
The 1954 Act provides security of tenure to business tenants, granting the right to make a request to court for a continuation of occupancy at the end of an expired lease. There are limited grounds that a landlord can refuse a lease renewal and the rules are complicated. We are happy to direct you to commercial conveyancing firms who use the act for protection and handle your commercial conveyancing in South Hornchurch
The estate agent has suggested using their conveyancing practitioner for the conveyancing in South Hornchurch - Is it not simpler advisable to just instruct them?
You need to establish if the estate agent is recommending a conveyancing practitioner or introducing to a property lawyer. There are plenty of South Hornchurch selling agents who recommend two or three South Hornchurch conveyancing firms and get nothing from it.