I am buying a house mortgage free in Sawston. I have resided for the last Seventeen years in Sawston. Conveyancing searches are exorbitant. As I know the road and vicinity very well must I have all the conveyancing searches?
In the absence of a home loan, then almost all of the Sawston conveyancing searches are non-obligatory. Your conveyancer will 'advise', no-doubt strongly, that you should have searches carried out, but she is duty bound to take that path of guidance. Do take into account; if you are likely to dispose of the house one day, it may be of relevance to your prospective buyer what the searches reveal. On occasion properties with no practical issues can still show up unpredicted search results. A competent conveyancing solicitor in Sawston should provide you some practical advice concerning this.
My grandmother passed away 10 months ago and as sole heir and executor I was left the property in Sawston. The house had a relatively small loan remaining of approximately £5k. I want to have the title changed into my name whilst I re-mortgage to Lloyds, pay off the mortgage. Is this allowed?
Where you plan to refinance then Lloyds will require that you use a conveyancer on the Lloyds conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Lloyds conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Lloyds mortgage is registered as a charge at the Land Registry.
My wife and I are downsizing from our house in Sawston and the buyers lawyers are claiming that there is a possibility that the property was constructed on contaminated land. A high street Sawston conveyancer would know that there is no such problem. For the life of me I don't know why the purchasers are using a web based conveyancing outfit rather than a conveyancing solicitor in Sawston. We have lived in Sawston for three years we know of no issue. Do we contact our local Authority to get clarification that there is no issue.
It would appear that you have a conveyancing solicitor currently acting for you. Are they able to advise? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
How does conveyancing in Sawston differ for new build properties?
Most buyers of new build property in Sawston contact us having been asked by the developer to sign contracts and commit to the purchase even before the premises is built. This is because house builders in Sawston tend to buy 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 used to new build conveyancing in Sawston 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 was supposed to be a quick, no chain conveyancing. Sawston is where the house is located. Can you offer any opinion?
Flying freeholds in Sawston are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Sawston you must be sure that your lawyer goes 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 Sawston may determine 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 premises.
I am selling my property. My previous lawyers have shut. It would be helpful to have a recommendation of a conveyancing firm. Im based in Sawston if that makes a difference.
Do use our search tool to help you choose a solicitor for your conveyancing in Sawston. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes smoothly.