Some advice if I may. My Hurworth solicitor is assuring me that he is legally obliged toconduct Hurworth conveyancing searches asthe firm are on the Lloydsconveyancing panel. These Hurworth checks cost a lot of money can this be avoided?
You have limited options available to you. Given that you are taking out a loan with a bank your lawyer has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your lawyer would have previously signed the Terms and Conditions of your lender’s conveyancing panel appointment which obliges them to follow the Council of Mortgage Lenders’ Handbook requirements . Even if you were a cash buyer you would be ill advised not to carry out Hurworth conveyancing searches.
I have been told that property searches are the number one reason for delay in Hurworth conveyancing transactions. Is that correct?
The Council of Property Search Organisations (CoPSO) released findings of a review by MoveWithUs that conveyancing searches do not figure amongst the common causes of hindrances during the legal transfer of property. Local searches are unlikely to be the root cause of delay in conveyancing in Hurworth.
Are there restrictive covenants that are commonly identified during conveyancing in Hurworth?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Hurworth. 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…’
Yesterday I discovered 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 straight forward, no chain conveyancing. Hurworth is the location of the property. What do you suggest?
Flying freeholds in Hurworth are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Hurworth you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Hurworth may ascertain 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 residence.
We're FTB’s - had an offer accepted, yet the selling agent told us that the owners will only proceed if we instruct the agent's recommended solicitors as they are insisting on a ‘quick sale’. We would rather use a high street solicitor used to conveyancing in Hurworth
We suspect that the seller is not behind this request. If they desire ‘a quick sale', taking such a hostile approach to a motivated purchaser is counter productive. Bypass the agents and go straight to the owners and make the point that (a)you are keen to buy (b)you are ready to progress, with finances arranged © you do not need to sell (d) you wish to move quickly (e)but you are going to use your own,trusted Hurworth conveyancing lawyers - as opposed tothose that will give the negotiator at the agency a kickback or meet his conveyancing figures pre-set by HQ.