What does a local search tell me regarding the property my wife and I buying in Trowbridge?
Trowbridge conveyancing often starts with the ordering local authority searches directly from your local Authority or via a personal search company such as Searchflow The local search plays a central role in many a Trowbridge conveyancing purchase; as long as you don’t want any nasty surprises after you move into your property. The search should 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 areas.
My wife and I own a 4 bedroom Georgian house in Trowbridge. Conveyancing solicitor represented me and Barclays . I happened to do a free search for it on the Land Registry database and there are two entries: one for freehold, another for leasehold under the matching property. Is it worth asking Barclays to clarify?
You should review the Freehold register you have again and check the Charges Register as there may be 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 Trowbridge 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 lenders. You can also question the situation with your conveyancing solicitor who completed the work.
How does conveyancing in Trowbridge differ for newly converted properties?
Most buyers of new build property in Trowbridge contact us having been asked by the seller to sign contracts and commit to the purchase even before the property is ready to move into. This is because builders in Trowbridge tend to purchase the real estate, 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 Trowbridge or who has acted in the same development.
I'm converting the mortgage on my existing home to a BTL mortgage with Nationwide Building Society and intend to use the remaining equity towards a second property. The location we are looking at is Trowbridge. Will your conveyancers be able to act for the two mortgage companies and link together the two deals?
Make use of our search tool on this site to be sure that the lawyers are approved by both lenders. Assuming that they are the solicitor should be able to tie up the two transactions but you should have a chat with you solicitor and make apparent your desired outcome and requirements.
I need to instruct a conveyancing solicitor for leasehold conveyancing in Trowbridge. I've land on a site which appears to be the perfect offering If it is possible to get all this stuff completed via phone that would be ideal. Do I need to be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
Having used your search tool I can't find the lawyer I was hoping to instruct as being on the mortgage company conveyancing panel. My lawyer has said that they are on the bank approved panel. How can I be sure given that they are not listed on your directory?
Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the mortgage company conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the mortgage company solicitor panel.