My best friend’s step-father is a conveyancer. I am hopeful that I'll be able to get mate’s pricing for conveyancing, but if not, what kind of costs would I typically be looking at for conveyancing in Bishop Auckland?
Do contrast pricing. Do use our search tool on this site. You will notice that charges do contrast greatly but the service one can expect differ between conveyancers as is the case with most professions.
I am considering applying for a Aldermore mortgage for purchase of a newly converted (under development) in Bishop Auckland with 60% LTV. 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.
Will our solicitor be asking questions about flooding during the conveyancing in Bishop Auckland.
The risk of flooding is if increasing concern for conveyancers conducting conveyancing in Bishop Auckland. Some people will purchase a house in Bishop Auckland, completely expectant that at some time, it may suffer from flooding. However, leaving to one side the physical destruction, where a house is at risk of flooding, it may be difficult to obtain a mortgage, suitable building insurance, or sell the property. There are steps that can be taken as part of the conveyancing process to forewarn the purchaser.
Lawyers are not qualified to impart advice on flood risk, however there are a numerous checks that can be initiated by the buyer or by their lawyers which can give them a better understanding of the risks in Bishop Auckland. The conventional set of property information forms sent to a buyer’s lawyer (where the Conveyancing Protocol is adopted) contains a usual inquiry of the seller to discover whether the property has ever been flooded. If flooding has previously occurred which is not disclosed by the seller, then a buyer may commence a claim for damages resulting from an inaccurate answer. A buyer’s lawyers will also order an environmental search. This will disclose whether there is a recorded flood risk. If so, more detailed investigations should be conducted.
I opted to have a survey carried out on a house in Bishop Auckland prior to retaining lawyers. I have been informed that there is a flying freehold element to the house. Our surveyor advised that some banks may refuse to grant a loan on such a home.
It varies from the lender to lender. HSBC has different requirements from Birmingham Midshires. Should you wish to telephone us we can investigate further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Bishop Auckland. Conveyancing will be smoother if you use a solicitor in Bishop Auckland especially if they are accustomed to such properties in Bishop Auckland.
Can I discover who is the owner of a property in Bishop Auckland?
As long as the premises is registered with HMLR, and you have sufficient details of the location of the premises, you will be able to see details from the HM Land Registry of the recorded proprietor for a for less than a fiver.