I am acquiring a property mortgage free in Uxbridge. I have been residing for the last 20 years in Uxbridge. Conveyancing searches are exorbitant. As I have knowledge of the road and vicinity intimately should I not bother getting the solicitor to do all the conveyancing searches?
Provided that you do not need a home loan, then all but one or two of the Uxbridge conveyancing searches are optional. Your solicitor will ’encourage you, no-doubt strongly, that you should have searches done, but he has a professional duty to take that path of encouragement . Do take into account; if you are intend to sell the house one day, it will be of importance to your future buyer what the searches disclose. On occasion houses with apparent issues can still throw up negative search results. A competent conveyancing solicitor in Uxbridge will be able to give you some practical guidance here.
Completed the sale of my flat in Uxbridge last October yet the purchaser is e-mailing every few hours complaining that his solicitor is waiting to hear from mine. What are the post completion sale legalities now that I have sold?
Post completion of your house sale your conveyancer is duty bound to send the transfer deeds and all additional paperwork to the buyer’s solicitors. Where appropriate, your solicitor should also confirm that the mortgage has been discharged to the buyers conveyancers. There are no post completion procedures unique to conveyancing in Uxbridge.
I am considering applying for a TSB mortgage for purchase of a new build (under development) in Uxbridge with 70% loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for TSB ?
In theory, you could use a solicitor that is not on the TSB conveyancing panel, but TSB would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same transaction.
A relative recommended that if I am buying in Uxbridge I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is occasionally included in the estimate for your Uxbridge conveyancing searches. It is a large document of about 40 pages, listing and setting out important information about Uxbridge around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Local Education with plans and statistics, Local Amenities and other useful information about Uxbridge.
Over the last few months I have been searching for a flat up to £235,500 and found one round the corner in Uxbridge I like with amenity areas and station nearby, however it's only got 49 years on the lease. There is not much else in Uxbridge in this price bracket, so just wondered if I would be making a mistake acquiring a lease with such few years left?
If you require a mortgage the remaining unexpired lease term may be an issue. Discount the offer by the amount the lease extension will cost if not already taken into account. If the existing owner has owned the premises for a minimum of 2 years you can request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this.
I am buying a garden flat in Uxbridge. Conveyancing lawyer has been waiting for, from the owner, building insurance documents. This morning I was informed that the owner needs to send the insurance documents for the flat above in addition. Why does my property lawyer want to see the insurance for the other flat? Is it really necessary? We have been stalled for the last month…
It is not unheard of in leasehold conveyancing in Uxbridge to discover Conveyancing in Uxbridge in a minority of cases reveals that the lease provides for the leasehold owners to insure their individual flats as opposed to the freeholder insuring the entire property - which is definitely preferable. Do contact your conveyancing practitioner but it would seem that your conveyancing practitioner is looking to establish that the entire building is insured. Insuring your flat is no help when it comes to rebuilding after a fire if the other flat cannot be reconstructed for lack of insurance cover.