IfI was to buy a freehold homein Northolt for cash and have no survey and no conveyancing searches how much should I expect to have to pay for conveyancing in Northolt?
Any savings you would achieve will be isolated to the costs for searches. The solicitor is obliged to do the vast majority of work - money laundering, correspond with the sellers conveyancing practitioner, stamp duty return, register the ownership etc. A slight saving might be made by not having to register a charge however it will not be significant.
Do the Building Society Association intend to launch a search tool with a view to to identify practices on the Norwich and Peterborough Building Society conveyancing panel for example in Northolt?
We are not aware of any plans on the part of the BSA to promote such a register.
My relative recommended that if I am purchasing in Northolt I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is occasionally quoted for as part of the standard Northolt conveyancing searches. It is a large document of about 40 pages, listing and setting out significant information about Northolt around the property and the people living there. It includes 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 Property Price, Crime statistics, Northolt Education with maps and statistics, Local Amenities and other useful information about Northolt.
Due to the advice of my in-laws I had a survey completed on a property in Northolt ahead of appointing lawyers. I have been informed that there is a flying freehold element to the property. The surveyor has said that some lenders tend not issue a mortgage on a flying freehold home.
It varies from the lender to lender. HSBC has different instructions for example to Birmingham Midshires. If you call us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Northolt. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Northolt to see if the conveyancing costs will increase in light of this.
Is it best to appoint a Northolt conveyancing solicitor based in the vicinity that I am purchasing? An old friend can handle the legal work however his firm is located 400kilometers away.
The benefit of a high street Northolt conveyancing practice is that you can pop in to execute paperwork, hand in your ID and apply pressure on them where appropriate. Having local Northolt know how is a bonus. That being said it's more important to get someone that will do a good and efficient job. If other friends have used your friend and they were impressed that should trump using an unfamiliar Northolt conveyancing lawyer just because they are Northolt based.