My partner and I are purchasing our first house. Our property lawyer has texted usto ask if we would like to order supplemental conveyancing searches. Unfortunately we in the dark as to what's relevant for conveyancing in Stockwell
The scope of Stockwell conveyancing searches should be triggered based entirely on the premises, the location, the possibility of any of these risks, your knowledge of the region and risks, your overall appetite to risk. What is important is that you adequately understand what information the searches could provide. Then you can decide if you personally think you need that search. If unclear, ask the lawyer to recommend.
What is the best way to discover of the solicitor carrying out my conveyancing in Stockwell is on the lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Britannia thus spending £175.00 in further legal charges.
Please do make the most of the search tool on this page. Please choose the mortgage company and type ‘Stockwell’ or your preferred area and you will see numerous conveyancers based in Stockwell or nearest you.
Are there restrictive covenants that are commonly identified as part of conveyancing in Stockwell?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Stockwell. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Yesterday I discovered that there is a flying freehold issue on a house I put an offer in two weeks back in what should have been a simple, chain free conveyancing. Stockwell is the location of the property. Can you shed any light on this issue?
Flying freeholds in Stockwell are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Stockwell you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Stockwell may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
How do I search for a Stockwell solicitor on the Godiva Mortgages Ltd conveyancing panel? I am a keen cyclist and am willing to travel upto 25miles to meet the solicitor.
You can use the tool on this website. Please pick a mortgage company and your location and you will see a number of Stockwell conveyancing lawyers located nearest you. We have listed some Stockwell conveyancing firms towards the end of this page and you can telephone them to check if they are on the Godiva Mortgages Ltd member panel