What is the first thing I need to know concerning purchase conveyancing in Whitland?
You may not hear this from too many lawyers but conveyancing in Whitland and elsewhere in Ammanford is an adversarial process. Put another way, when it comes to conveyancing there exists plenty of room for friction between you and other parties involved in the legal transfer of property. For instance, the seller, selling agent and even potentially your bank. Choosing a solicitor for your conveyancing in Whitland should not be taken lightly as your conveyancer is your adviser, and is the SOLE party in the legal process whose interest is to act in your legal interests and to keep you safe.
We are witnessing a distinct increase in the "blame" culture- someone has to be at fault for the process being so protracted. We recommend that you your first instinct should be to trust your solicitor above all other players in the conveyancing process.
I am considering applying for a Aldermore mortgage for purchase of a new build (under development) in Whitland with 60% loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for Aldermore ?
In theory, you could use a solicitor that is not on the Aldermore conveyancing panel, but Aldermore would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.
What does a local search reveal about the house we're purchasing in Whitland?
Whitland conveyancing often starts with the ordering local authority searches directly from your local Authority or through a personal search company for example PSG The local search is essential in every Whitland conveyancing purchase; that is if you don’t want any unpleasant surprises after you move into your property. The search will reveal information on, amongst other things, details on planning applications applicable 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 headings.
Me and my brother own a semi-detached Georgian house in Whitland. Conveyancing practitioner acted for me and Barnsley Building Society. I did a free Land Registry search last week and there are two entries: one for freehold, the second leasehold with the matching property. I'd like to know for sure, how can I find out??
You should review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Whitland and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the situation with the conveyancing solicitor who conducted the purchase.
Due to the guidance of my in-laws I had a survey completed on a house in Whitland ahead of instructing lawyers. I have been told that there is a flying freehold element to the property. Our surveyor has said that some lenders may refuse to issue a loan on such a house.
It varies from the lender to lender. Santander has different requirements for example to Birmingham Midshires. Should you wish to call us we can look into this further 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 Whitland. Conveyancing will be smoother if you use a solicitor in Whitland especially if they are acquainted with such properties in Whitland.