What does a local search reveal about the house we're buying in Market Rasen?

Market Rasen conveyancing often commences with the ordering local authority searches directly from your local Authority or through a personal search company for example Searchflow The local search is essential in every Market Rasen conveyancing purchase; that is if you don’t want any unpleasant once you have moved into your property. The search will supply data on, amongst other things, details on planning applications relevant 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 thirteen subject headings.

I decided to have a survey done on a house in Market Rasen ahead of appointing lawyers. I have been advised that there is a flying freehold aspect to the house. The surveyor has said that some banks may not issue a loan on this type of premises.

It varies from the lender to lender. Lloyds has different instructions for example to Nationwide. If you e-mail us we can look into this further via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Market Rasen. Conveyancing may be slightly more expensive based on your lender's requirements.

I have been advised by numerous property agents in Market Rasen to get a quote from a conveyancer using your seach tool. What’s the financial incentive for Estate Agents to market your site rather than a competitor’s?

We don’t give any commission for sending work in our direction. We thought it would be too underhand to pay a commission as home movers will think, ‘How come the agent getting a kickback? Why aren’t I getting any benefit too?’ We would prefer to grow our business on genuine recommendations.

My uncle has recommend that I appoint his lawyers for conveyancing in Market Rasen. Should I choose my own solicitor?

There are no two ways about it the ideal way to select a conveyancing lawyer is to have recommendations from friends or family who have actually used the conveyancer that you are considering.

Frank (my husband) and I may need to sub-let our Market Rasen basement flat temporarily due to a career opportunity. We used a Market Rasen conveyancing firm in 2004 but they have closed and we did not have the foresight to get any guidance as to whether the lease prohibits the subletting of the flat. How do we find out?

Some leases for properties in Market Rasen do contain a provision to say that subletting is only permitted with prior consent from the landlord. The landlord cannot unreasonably withhold but, in such cases, they would need to review references. Experience dictates that problems are usually caused by unsatisfactory tenants rather than owner-occupiers and for that reason you can expect the freeholder to take up the references and consider them carefully before granting permission.

Leasehold Conveyancing in Market Rasen - Examples of Questions you should ask Prior to buying

You should be aware if it is no more than eighty years it will have adverse implications on the value of the property. Check with your bank that they are willing to go ahead with the loan given the lease term. A short lease means that you will probably have to extend the lease at some point and it is worth finding out how much this will be. Remember, in most cases you will need to own the property for two years before you are legally able to extend the lease. Does the lease have onerous restrictions?