I am buying a property for cash in Farnham. I have been living for the last twelve years in Farnham. Conveyancing searches are exorbitant. As I know the area and road intimately must I have all the conveyancing searches?
In the absence of a mortgage, then almost all of the Farnham conveyancing searches are at your discretion. Your conveyancer will 'advise', perhaps strongly, that you should have searches done, but she has a professional duty to do this. One thing to consider; if you are going to sell the house in the future, it will likely be be of relevance to your prospective buyer what the searches contain. There are plenty of instances where houses with day to day issues can still reveal negative search results. A good conveyancing solicitor in Farnham should provide you some constructive guidance concerning this.
My property lawyer in Farnham is not on the Alliance & Leicester Approved Panel. Can I still continue with my family solicitor even though they are not on the Alliance & Leicester panel?
The limited options open to you here include:
- Complete the purchase with your existing Farnham lawyers but Alliance & Leicester will need to use a conveyancer on their panel. This will inevitably rack up the total legal charges and result in delays.
- Choose a new lawyer to to deal with the conveyancing, obviously checking they are Alliance & Leicester approved.
- Try to convince your Alliance & Leicester based solicitor to seek to join the Alliance & Leicester panel
I have a 4 bedroom Victorian property in Farnham. Conveyancing lawyer represented me and Birmingham Midshires. I happened to do a free search for it on the Land Registry database and there are two entries: one for freehold, the second leasehold under the matching address. I thought I was buying a freehold how can I check?
You should assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Farnham and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also check the situation with the conveyancing solicitor who carried out the work.
How does conveyancing in Farnham differ for new build properties?
Most buyers of new build residence in Farnham approach us having been asked by the builder to sign contracts and commit to the purchase even before the residence is finished. This is because developers in Farnham typically purchase 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 Farnham or who has acted in the same development.
Due to the input of my in-laws I had a survey completed on a property in Farnham prior to appointing conveyancers. I have been informed that there is a flying freehold aspect to the house. Our surveyor has said that some banks will not grant a mortgage on a flying freehold home.
It depends who your proposed lender is. Bank of Scotland has different requirements for example to Birmingham Midshires. If you e-mail us we can check via the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Farnham. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Farnham to see if the conveyancing will be more expensive.
I am looking for a conveyancing practitioner in Farnham for my house move. Can I see a solicitor's complaints history with the legal regulator?
You may see documented Solicitor Regulator Association (SRA) decisions stemming from investigations from 2008 onwards. Go to Check a solicitor's record. To find information about the period before 1 January 2008, or to check a solicitors record, ring 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, call +44 (0)121 329 6800. The regulator sometimes recorded call for training reasons.