Can conveyancing in Rothley to be concluded inside 28 days?
In the event that the seller is applying a tight deadline for your conveyancing it is advisable to make sure that your lawyer is familiar with the location as they will make use of local relationships and intelligence. It is possible that they may have handled otherhouses in the same neighbourhood. You would be best advised to use a Rothley conveyancing firm. Second, ensure that the lawyer is on the lender panel. It is estimated that 18% of Rothley conveyancing deals are held up or jeopardised after finding out that a purchaser’s lawyer was not on their banks member panel. This can often result in the transaction being delayed by an average of three weeks. It is estimated that this issue affects in the region of one hundred thousand home sales annually. Many Rothley conveyancing firms can not represent certain lenders so do check as early as possible.
If I am buying in Rothley, is it advisable to order a chancel liability search?
Aston Cantlow (PCC) v Wallbank in 2003 resulted in almost every conveyancing solicitor in Rothley to requisition chancel searches. Indemnity policies can be arranged if chancel liability is likely to be enforced. Your conveyancing lawyer should provide more details. Church of England properties in Rothley where chancel liability may apply include parish data base.
Due to the encouragement of my in-laws I had a survey completed on a house in Rothley ahead of appointing lawyers. I have been informed that there is a flying freehold overhang to the property. My surveyor has said that some banks will not give a mortgage on a flying freehold premises.
It varies from the lender to lender. Bank of Scotland has different instructions for example to Halifax. If you call us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Rothley. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Rothley to see if the conveyancing costs will increase in light of this.