Me and my partner are buying our first home. The property lawyer has messagedto see if we would like to purchase extra conveyancing searches. We are really unsure what's appropriate for conveyancing in Sidcup
The range of Sidcup conveyancing searches should be dictated entirely on the premises, the location, the possibility of any of these risks, your knowledge of the region and risks, your overall approach to risk. What matters is that you properly comprehend what information each search could supply. You may then make a decision if you consider that you need that search. If uncertain, ask your conveyancer to offer guidance.
It is a dozen years since I bought my home in Sidcup. Conveyancing lawyers have recently been instructed on the sale but I am unable to track down my deeds. Is this a major issue?
Don’t worry too much. First the deeds may be retained by your lender or they could still be with the solicitor who oversaw your purchase. Secondly the likelihood is that the property will be registered at the land registry and you will be able to establish that you are the registered owner by your conveyancing lawyers procuring current official copies of the land registers. The vast majority of conveyancing in Sidcup involves registered property but in the rare situation where your property is unregistered it is more tricky but is not insurmountable.
Is it necessary to take out insurance to cover chancel repairs when buying a residence in Sidcup?
Unless a prior acquisition of the premises completed post 12 October 2013 you may assume that lawyers conducting conveyancing in Sidcup to remain encouraging a chancel search and or insurance against a claim.
Just had an offer accepted on a new build apartment in Sidcup. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here are examples of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Sidcup
Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please confirm the Lease plans are architect prepared. Forfeiture - bankruptcy or liquidation must not apply under this provision. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.
We're novice buyers - had an offer accepted, but the agent told us that the vendor will only go ahead if we instruct their chosen conveyancers as they need a ‘quick sale’. We would rather use a high street conveyancer accustomed to conveyancing in Sidcup
We suspect that the seller is not behind this requirement. Should the seller desire ‘a quick sale', turning down a genuine purchaser is going to damage their objectives. Speak to the vendors direct and explain that (a)you are genuine buyers (b)you are ready to go, with finances in place © you have nothing to sell (d) you wish to move quickly (e)however you will continue to use your preferred Sidcup conveyancing lawyers - not the ones that will provide the estate agent a kickback or achieve conveyancing thresholds pre-set by head office.
Can you please explain what options are available to me if my Sidcup conveyancing searches reveals adverse results?
On the whole, the majority of concerns arising from Sidcup conveyancing search results can be dealt with ahead of completion or indemnity insurance could possibly be taken. You should remember that although you are purchasing the property and might be willing to accept the search results, your mortgage lender may not, and when all said and done they have the word say.