Do the conveyancing solicitors that you recommend execute auction conveyancing in Cowley?
We know of a few auction solicitors we can connect you with those conducting auction conveyancing. Cowley is one of the many areas of where our lawyers have offices.
I am assisting my mother sell her house in Cowley. Will the conveyancer commission an energy assessment or it is for me to see to?
After the abolition of HIPs, EPC’s became a compulsory component of moving house. An EPC needs to be to hand before the property is marketed. It is not something that law firms normally arrange. If you are using a Cowley conveyancing practitioner they might be willing to arrange EPC’s due to their relationships with reputable Cowley providers
We have a mortgage agreed in principle with Nationwide. Cowley conveyancing solicitors were instructed. How long does it take for Nationwide to send the offer to the lawyer?
There is no definitive answer here. Have Nationwide completed the survey? Have you advised Nationwide as to your lawyers' details and checked that your lawyers are on the Nationwide conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
I can not fathom if my mortgage offer obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called my Cowley bank branch on various occasions and was told they are content with the situation and they will lend. My Cowley conveyancing solicitor - who is on the lender conveyancing panel- telephoned to say that they would not lend in accordance with their specific requirements. Who do I believe?
Your property lawyer must comply with the Council of Mortgage Lenders’ Handbook Part 2 provisions for your lender. Unless your lawyer obtains specific confirmation in writing that the mortgage company will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years remaining.
My colleague advised me that if I am buying in Cowley I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is sometimes included in the estimate for your Cowley conveyancing searches. It is not a small report of more than thirty pages, listing and setting out important information about Cowley around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Cowley Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with maps and statistics, Local Amenities and other useful information regarding Cowley.
How does conveyancing in Cowley differ for new build properties?
Most buyers of new build residence in Cowley contact us having been asked by the housebuilder to sign contracts and commit to the purchase even before the house is ready to move into. This is because developers in Cowley tend to buy 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 used to new build conveyancing in Cowley or who has acted in the same development.
I am looking for a ground for flat up to £195,000 and found one close by in Cowley I like with amenity areas and station in the vicinity, however it's only got 61 years on the lease. There is not much else in Cowley suitable, so just wondered if I would be making a mistake acquiring a lease with such few years left?
Should you need a home loan that many years will likely be a potential deal breaker. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for at least 2 years you may request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this matter.
My step-father has recommend that I instruct his lawyers for conveyancing in Cowley. Do I take his advice?
Much as we are happy to recommend a Cowley conveyancing lawyer it’s preferable to find a conveyancing practitioner is to seek guidance from friends or relatives who have previously instructed the conveyancer you're contemplating using.