Do banks and building societies provide you with an approved list of Ashtead conveyancing solicitors? How do you know who is on the RBS conveyancing panel?
Ashtead conveyancing firms themselves provide us confirmation that they are on the RBS conveyancing panel as opposed to being supplied with a list from RBS directly.
Are there restrictive covenants that are commonly picked up during conveyancing in Ashtead?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Ashtead. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
How does conveyancing in Ashtead differ for new build properties?
Most buyers of new build property in Ashtead contact us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the premises is finished. This is because new home sellers in Ashtead typically 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 conveyancers 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 Ashtead or who has acted in the same development.
I am looking for a ground for flat up to £195,000 and identified one close by in Ashtead I like with open areas and railway links in the vicinity, the downside is that it's only got 51 remaining years left on the lease. There is not much else in Ashtead in this price bracket, so just wondered if I would be making a mistake buying a short lease?
Should you require a home loan that many years will be a potential deal breaker. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for at least twenty four months you may request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing solicitor concerning this matter.
How do I locate a Ashtead solicitor on the Chelsea Building Society conveyancing panel? I have a car and am happy to travel upto 25miles to meet the conveyancer.
You can use the search on this page. Please pick a mortgage company and your location and you will see a number of Ashtead conveyancing lawyers based on proximity. We have detailed some Ashtead conveyancing firms towards the end of this page and you can telephone them to see whether they are on the Chelsea Building Society panel