I am buying a property for cash in Grays. I have been living for the previous 20 years in Grays. Conveyancing searches are exorbitant. As I have knowledge of the road and vicinity intimately must I have all the conveyancing searches?
In the absence of a home loan, then the vast majority of the Grays conveyancing searches are at your discretion. Your conveyancer will try and sway you, perhaps strongly, that you should have searches completed, but he is duty bound to take that path of encouragement . One thing to consider; if you are intend to sell the house in the future, it will be of importance to your future buyer what the searches contain. On occasion houses with day to day issues can still throw up detrimental search results. A good conveyancing solicitor in Grays should be able to give you some helpful guidance concerning this.
My wife and I are buying a property in Grays. I might seem paranoid but how we can trust a solicitor? On the day of competition we will need to deposit our life savings into their account. What protection do we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I am currently in the process of buying my council flat in Grays. I have a mortgage agreed with TSB. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with TSB, you will need to appoint a solicitor on the TSB conveyancing panel.
Planning on purchasing a maisonette in Grays. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Virgin Money conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Grays solicitor is on the Virgin Money conveyancing panel.
A friend suggested that where I am buying in Grays I should 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 sometimes quoted for as part of the standard Grays conveyancing searches. It is not a small document of about 40 pages, listing and detailing important information about Grays around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Local Education with maps and statistics, Local Amenities and other useful data about Grays.
I decided to have a survey completed on a property in Grays in advance of appointing solicitors. I have been informed that there is a flying freehold overhang to the property. Our surveyor advised that some lenders will not issue a mortgage on such a house.
It varies from the lender to lender. Lloyds has different requirements for example to Nationwide. If you contact us we can look into this further via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Grays. Conveyancing may be slightly more expensive based on your lender's requirements.
My father-in-law has urged me to appoint his lawyers for conveyancing in Grays. Should I use them?
No doubt the best way to find a conveyancing solicitor is to seek guidance from friends or family who have actually used the solicitor you're are thinking of instructing.