How up to date is your database of Woodlands solicitors on the Coventry BS conveyancing panel? Do Coventry BS send you an updated list?
Woodlands conveyancing firms themselves provide us confirmation that they are on the Coventry BS conveyancing panel as opposed to being supplied with a list from Coventry BS directly.
A friend suggested that if I am buying in Woodlands I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is usually included in the estimate for your Woodlands conveyancing searches. It is not a small report of more than thirty pages, listing and setting out significant information about Woodlands around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Woodlands Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Woodlands Education with maps and statistics, Local Amenities and other useful data concerning Woodlands.
How does conveyancing in Woodlands differ for newly converted properties?
Most buyers of new build property in Woodlands contact us having been asked by the developer to exchange contracts and commit to the purchase even before the premises is ready to move into. This is because builders in Woodlands tend to buy 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 used to new build conveyancing in Woodlands or who has acted in the same development.
My husband and I are FTB’s - agreed a price, yet the agent informed us that the vendor will only move forward if we use their chosen lawyers as they are insisting on a ‘quick sale’. My instinct tells me that we should use a local solicitor who is accustomed to conveyancing in Woodlands
We suspect that the seller is unaware of this demand. If they want ‘a quick sale', alienating a genuine buyer is is going to put the whole deal at risk. Speak to the owners direct and make the point that (a)you are serious purchasers (b)you are ready to progress, with mortgage lined up © you are unencumbered (d) you intend to proceed fast (e)however you are going to use your preferred Woodlands conveyancing solicitors - not the ones that will earn their negotiator at the agency a introducer fee or hit his conveyancing thresholds set by corporate headquarters.
My husband and I intend to acquire our first house in Woodlands. Conveyancing solicitor has been selected. The financial consultant suggested that a survey is not necessary as the property is only 20 yrs old.
As the bare minimum you need a Home Buyer's Report. As the residence was constructed over a decade ago the property will not benefit from a warranty, so you would be well advised not to take a risk. Where a property of this age shows no signs of problems a Home Buyer's report could be enough. The report should highlight any obvious problems and suggest additional investigation where relevant. If there are any signs of problems seek a full structural survey.