What can a local search tell me regarding the property we're purchasing in Corfe Mullen?
Corfe Mullen conveyancing often commences with the submitting local authority searches directly from local Authority or through a personal search company such as Onsearch The local search plays a central part in many a Corfe Mullen conveyancing purchase; that is if you don’t want any nasty surprises after you move into your new home. The search will supply information on, amongst other things, details on planning applications relevant to the premises (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 subject sections.
How does conveyancing in Corfe Mullen differ for new build properties?
Most buyers of new build or newly converted property in Corfe Mullen approach us having been asked by the developer to exchange contracts and commit to the purchase even before the house is completed. This is because house builders in Corfe Mullen usually buy 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 property lawyers 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 Corfe Mullen or who has acted in the same development.
Due to the input of my in-laws I had a survey completed on a property in Corfe Mullen ahead of instructing lawyers. I have been told that there is a flying freehold overhang to the house. The surveyor has said that some mortgage companies tend not issue a loan on a flying freehold premises.
It depends who your proposed lender is. Bank of Scotland has different requirements from Halifax. Should you wish to telephone us we can investigate further via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Corfe Mullen. Conveyancing may be slightly more expensive based on your lender's requirements.