Are there restrictive covenants that are commonly identified during conveyancing in Gerrards Cross?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Gerrards Cross. 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 Gerrards Cross differ for newly converted properties?
Most buyers of new build residence in Gerrards Cross contact us having been asked by the developer to exchange contracts and commit to the purchase even before the residence is ready to move into. This is because builders in Gerrards Cross usually purchase the real estate, 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 accustomed to new build conveyancing in Gerrards Cross or who has acted in the same development.
I'm converting the mortgage on my existing house to a buy to let loan with Nationwide Building Society and I will use the ballance of the raised equity as a down payment on a second property. The neighborhood we are interested in is Gerrards Cross. Will your conveyancers be able to act for the two lenders and tie in the two deals?
Do use our search tool on this site to check that the conveyancers are on the appropriate lender panels. Having checked that they are the lawyer should be able to simultaneously deal with the two deals but you should have a chat with you lawyer and make apparent your desired outcome and requirements.
Am I better off to go with a Gerrards Cross conveyancing lawyer in close proximity to the house I am buying? An old friend can perform the legal work but her office is over three hundred kilometers away.
The primary upside of using a local Gerrards Cross conveyancing firm is that you can visit the firm to sign paperwork, deliver your ID and apply pressure on them if necessary. They will also have local insight which is a benefit. However it's more important to get someone that will pull out all the stops for you. If if people you trust used your friend and in the main were happy that must outweigh using an unfamiliar Gerrards Cross conveyancing solicitor just because they are round the corner.
What if there is a problem with one of the searches for my conveyancing in Gerrards Cross?
Normally, most adverse entries that arise in Gerrards Cross conveyancing search responses can be addressed in advance of completion or title insurance could possibly be taken. You should note that although you are purchasing the property and may be willing to accept the search results, your mortgage lender may not, and ultimately the decision rests with them.