My lender has suggested a law firm on their panel based in Ravensthorpe but I would rather choose a conveyancing lawyer in Ravensthorpe or nearer to where I live. Are you able to assist?
It is by no means the case that all Ravensthorpe conveyancing firms are on all lender’s conveyancing panel. Use our search tool to identify a Ravensthorpe conveyancing firm on the on the lender panel.
What can a local search tell me concerning the property I am purchasing in Ravensthorpe?
Ravensthorpe conveyancing often starts with the submitting local authority searches directly from your local Authority or via a personal search organisations such as Searches UK The local search is essential in every Ravensthorpe conveyancing purchase; as long as you wish to avoid any unpleasant once you have moved into your property. The search should provide data on, amongst other things, details on planning applications relevant 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 13 topic sections.
2 months have gone by following my purchase conveyancing in Ravensthorpe completed. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does conveyancing in Ravensthorpe differ for newly converted properties?
Most buyers of new build or newly converted property in Ravensthorpe come to us having been asked by the builder to sign contracts and commit to the purchase even before the property is finished. This is because builders in Ravensthorpe tend to acquire 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 accustomed to new build conveyancing in Ravensthorpe or who has acted in the same development.
I decided to have a survey completed on a property in Ravensthorpe prior to retaining conveyancers. I have been told that there is a flying freehold element to the house. Our surveyor has said that some banks will not issue a mortgage on such a home.
It varies from the lender to lender. Santander has different instructions for example to Halifax. If you call us we can look into this further via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Ravensthorpe. Conveyancing may be slightly more expensive based on your lender's requirements.