Do the conveyancing solicitors identified via your search tool carry out auction conveyancing in Caversham?
There are a few auction practitioners we can connect you with those specialising in auction conveyancing. Caversham is just one of our locations where our lawyers are based.
Is there a reason why leasehold purchase conveyancing in Caversham is more expensive?
In summary, leasehold conveyancing in Caversham and Berkshire usually warrants extra hours of investigation compared to freehold transactions. This includes reviewing the lease, communicating with the landlord about the service of applicable notices, obtaining up-to-date service charge and management information, obtaining the freeholder’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – no matter how many different owners have owned the lease since it was first entered into.
I require expedited conveyancing in Caversham as I am faced with pressure to exchange contracts within one month. A home loan is not required. Is it possible to escape the need for conveyancing searches to save fees and time?
As you are are a cash purchaser you have the choice not to do searches although no solicitor would suggest that you don't. With plenty of history conveyancing in Caversham the following are examples of what can be revealed and adversely affect market value: Enforcement Notices, Overdue Fees, Overdue Grants, Road Schemes,...
Are there restrictive covenants that are commonly picked up during conveyancing in Caversham?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Caversham. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
How does conveyancing in Caversham differ for newly converted properties?
Most buyers of new build premises in Caversham approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the property is built. This is because developers in Caversham usually buy 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 conveyancers 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 Caversham or who has acted in the same development.
Yesterday I discovered that there is a flying freehold element on a property I put an offer in a fortnight ago in what should have been a simple, chain free conveyancing. Caversham is where the house is located. Is there any advice you can impart?
Flying freeholds in Caversham are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Caversham you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Caversham may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.