What will a local search tell me concerning the house we're purchasing in Leagrave and Chalton?

Leagrave and Chalton conveyancing often starts with the applying for local authority searches directly from your local Authority or through a personal search company for example Searchflow The local search is essential in every Leagrave and Chalton conveyancing purchase; as long as you wish to avoid any nasty once you have moved into your property. The search will provide information on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject areas.

Me and my brother purchased a terraced Georgian house in Leagrave and Chalton. Conveyancing practitioner represented me and Nottingham Building Society. I did a free Land Registry search last week and there are two entries: one for freehold, another for leasehold with the exact same address. I'd like to know for sure, how can I find out??

You need to review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Leagrave and Chalton and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also enquire as to the position with your conveyancing practitioner who conducted the purchase.

How does conveyancing in Leagrave and Chalton differ for newly converted properties?

Most buyers of new build premises in Leagrave and Chalton come to us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the property is completed. This is because developers in Leagrave and Chalton typically buy the site, 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 Leagrave and Chalton or who has acted in the same development.

Am I right to be wary by 3rd parties that I am dealing with are encouraging me to use a web based conveyancing firm rather than a local Leagrave and Chalton conveyancing practice?

As is the case with lots of professional services, often referrals from connections can be most helpful. But there are many players in a conveyancing matter; estate agents, financial adviser and banks may put forward lawyers to use. On occasion these solicitors might be known to one of the organisations as one of the best in their field, but occasionally there is an underlying commercial relationship behind the recommendation. You have the discretion to choose your preferred lawyer. However, bear in mind that the majority of mortgage providers operate an approved list of law firms you are obliged to use for the lender related work in your home move.

I today plan to offer on a house that appears to tick a lot of boxes, at a great price which is making it all the more appealing. I have just found out that the title is leasehold as opposed to freehold. I would have thought that there are issues buying a house with a leasehold title in Leagrave and Chalton. Conveyancing solicitors have are soon to be appointed. Will they explain the issues?

The majority of houses in Leagrave and Chalton are freehold rather than leasehold. In this scenario it’s worth having a local solicitor who is familiar with the area who can assist with the conveyancing process. We note that you are purchasing in Leagrave and Chalton so you should seriously consider looking for a Leagrave and Chalton conveyancing solicitor and check that they have experience in dealing with leasehold houses. First you will need to check the number of years remaining. Being a lessee you will not be entirely free to do whatever you want to the property. The lease comes with conditions such as requiring the freeholder’spermission to carry out alterations. It may be necessary to pay a contribution towards the maintenance of the communal areas where the property is part of an estate. Your lawyer will advise you fully on all the issues.

Leagrave and Chalton Leasehold Conveyancing - Examples of Questions you should consider before Purchasing

How long is the Lease? In the main the outlay for major works are not included within service charges, although a few managing agents in Leagrave and Chalton ask leasehold owners to contribute towards a reserve fund created for the specific intention of building a fund for major repairs or maintenance.