Are there restrictive covenants that are commonly picked up during conveyancing in Ratcliff?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Ratcliff. 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 Ratcliff differ for newly converted properties?
Most buyers of new build or newly converted property in Ratcliff contact us having been asked by the seller to sign contracts and commit to the purchase even before the house is completed. This is because builders in Ratcliff tend to purchase 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 Ratcliff or who has acted in the same development.
I've recently found out that there is a flying freehold element on a house I have offered on two weeks back in what should have been a quick, chain free conveyancing. Ratcliff is the location of the property. Can you offer any assistance?
Flying freeholds in Ratcliff are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Ratcliff you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Ratcliff may decide 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.
What makes your site different to other online quote calculators for conveyancing in Ratcliff?
At this site get an accurate costs illustration from a Solicitor or Licensed Conveyancer that has a full understanding of the nuances for your conveyancing in Ratcliff. As opposed to estate agents and brokerage sites we are not in the business of charging firms a fee if you instruct them for your property ownership legalities in Ratcliff
Do banks and building societies provide you with an approved list of Ratcliff solicitors? How do you know who is on the mortgage company conveyancing panel?
Ratcliff law firm practices and firms conducting conveyancing in Ratcliff themselves provide us confirmation that they are on the bank conveyancing panel as opposed to being supplied with a list from the mortgage company directly.