Can you help - my lawyer says that flying freehold insurance is required on my purchase. What is the typical level of cover needed for conveyancing in Castleton?
The appropriate level of flying freehold indemnity insurance depends on your lender. It would differ for example between Barclays and Coventry Building Society. Conveyancing solicitors as opposed to members of the public take out such insurances.
Having read lots of mortgage guides, I note that they all recommend that you should get your house surveyed prior to buying it. When I asked my local Castleton solicitor - who is on the Skipton conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
Skipton will need an independent valuation of the property. Your lawyer will not arrange this. Usually Skipton will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Castleton surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
Our offer on a detached house in Castleton has been agreed to, the sellers do however have a dependent purchase. The owners have put an offer on on an apartment, but it’s not been accepted yet, and have viewings of other properties in the pipeline. I have instructed a high street conveyancing solicitor in Castleton. What should be my next step? At what stage should I apply for the mortgage with Coventry BS?
It is normal to have anxieties where there is a chain as you are unlikely to want to be too out of pocket too early (home loan application is approx one thousand pounds, then valuation, Castleton conveyancing search fees, etc). First, you should ensure that your lawyer is on the Coventry BS approved list. As to the subsequent stages this very much dictated by the uniqueness of your case, attraction to the property and on the state of the market. During a hot market some buyers would apply for a home loan with Coventry BS and arrange for the valuation and only if it comes back ok would they ask their solicitor to proceed with searches.
I have justdiscovered that Stirling Law have been shut down. They conducted my conveyancing in Castleton for a purchase of a freehold house 10 months ago. How can I check that my home is registered correctly in the name of the former proprietor?
The quickest way to check if the property is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Castleton conveyancing specialists.
Over the last few months I have been searching for a flat up to £245,000 and identified one close by in Castleton I like with amenity areas and transport links in the vicinity, the downside is that it only has 49 remaining years left on the lease. I can't really find anything else in Castleton for this price, so just wondered if I would be making a grave error purchasing a lease with such few years left?
Should you require a mortgage that many years will likely be an issue. Discount the price by the amount the lease extension will cost if not already taken into account. If the current owner has owned the property for at least twenty four months you could request that they commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this.
Should I be suspicious that third parties that I am dealing with are suggesting an online conveyancing firm rather than a local Castleton conveyancing firm?
As is the case with many professional services, often recommendations from connections can be worth their weight in gold. Yet there are lots of players in a conveyancing matter; estate agents, mortgage brokers and lenders might all suggest conveyancers to choose. On occasion the conveyancers might be known to one of the organisations as experts in their field, but sometimes there may be a commercial relationship behind the recommendation. You are at liberty to appoint your preferred lawyer. However, bear in mind that most banks have an approved list of conveyancers you have to use for the mortgage related work in your house move.
As co-executor for the will of my grandfather I am selling a house in Neath but live in Castleton. My lawyer (approximately 250 miles awayrequires that I execute a statutory declaration before completion. Could you suggest a conveyancing solicitor in Castleton to attest this legal document for me?
Technically speaking you should not need to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will be fine regardless of whether they are located in Castleton
I am are seeking to find an affordable conveyancing lawyer in Castleton to assist me in selling my place. I want to avoid being ripped off and there are various Castleton conveyancing solicitors out there...how do I know which one is best to select?
A trustworthy personal recommendation from a friend or family member who has instructed a conveyancing lawyer previously is always a preferable. You are bound to know someone who has used a conveyancing lawyer at some point. Feel free to use our tool to compare Castleton conveyancing quotes