What can a local search inform me about the property we're purchasing in Parson Cross?

Parson Cross conveyancing often starts with the submitting local authority searches directly from your local Authority or via a personal search organisations such as Onsearch The local search is essential in every Parson Cross conveyancing purchase; that is if you don’t want any nasty surprises after you move into your new home. The search should 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 thirteen subject sections.

Despite weeks of looking the Title Certificate and documents to our house are lost. The conveyancers who did the conveyancing in Parson Cross 5 years ago no longer exist. What are my next steps?

Nowadays there are duplicates made of almost everything, and your solicitor will be aware precisely where to find all the appropriate documentation so you can purchase or dispose of your property without a hitch. Where duplicates are not available, your lawyer may be able to arrange cover in the form of insurance or indemnities against possible claims on your property.

How does conveyancing in Parson Cross differ for new build properties?

Most buyers of new build premises in Parson Cross contact us having been asked by the developer to exchange contracts and commit to the purchase even before the residence is ready to move into. This is because new home sellers in Parson Cross typically buy the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Parson Cross or who has acted in the same development.

I am looking for a ground for flat up to £235,500 and identified one round the corner in Parson Cross I like with open areas and transport links in the vicinity, however it's only got 49 years unexpired on the lease. There is not much else in Parson Cross suitable, so just wondered if I would be making a mistake acquiring a lease with such few years left?

If you require a home loan the remaining unexpired lease term will likely be an issue. Reduce the offer by the amount the lease extension will cost if not already taken into account. If the existing owner has owned the property for a minimum of twenty four months you could request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this.

What is the reason for my property lawyer requiring numerous items of identification before I can commence with selling or purchasing a property in Parson Cross?

Parson Cross solicitors are duty bound by the Law Society, SRA, the Land Registry and current Money Laundering legislation to record that the have verified the identity of their clients. It will also be a requirement of your lender if you are obtaining a mortgage. Furthermore they have to complete various forms, particularly those relating to SDLT and need to have details such as your full names, national insurance number and date of birth.