What will a local search tell me about the house my wife and I buying in Runcorn?
Runcorn conveyancing often commences with the submitting local authority searches directly from your local Authority or through a personal search company for example Searchflow The local search plays an important role in many a Runcorn conveyancing purchase; as long as you wish to avoid any unpleasant surprises after you move into your property. The search should supply data on, amongst other things, details on planning applications applicable to the premises (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 thirteen topic areas.
The deeds to my house are lost. The solicitors who did the conveyancing in Runcorn 5 years ago are no longer around. Will I be able to sell the house?
You no longer need to have the physical original deeds to establish that you are the registered proprietor of land or property, as the Land Registry hold details of all registered land or property electronically.
How does conveyancing in Runcorn differ for new build properties?
Most buyers of new build property in Runcorn come to us having been asked by the developer to exchange contracts and commit to the purchase even before the premises is built. This is because builders in Runcorn 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 property lawyers 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 Runcorn or who has acted in the same development.
I've recently found out that there is a flying freehold issue on a property I put an offer in a fortnight ago in what should have been a straight forward, chain free conveyancing. Runcorn is where the house is located. Can you shed any light on this issue?
Flying freeholds in Runcorn are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Runcorn you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Runcorn 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 residence.
My brother has suggested that I instruct his lawyers for conveyancing in Runcorn. Should I use them?
There are no two ways about it it’s preferable to select a conveyancing solicitor is to seek guidance from friends or relatives who have actually experience in using the conveyancer you're considering.
My wife and I have agreed a price on a Runcorn property we inherited 5 years ago in 2012. I have over twenty years conveyancing experience and, although retired, intend to undertake my own legal work. The buyer's property lawyer has informed me that their building society will not allow you to do your own conveyancing insisting the funds to be released via a solicitor's bank account.
Mortgage instructions to lawyers from all mainstream lenders specify that If the vendor is not legally represented the borrower's lawyers should check whether the bank needs to be informed so that a decision can be reached as to whether or not they are willing to proceed.