Are we advised to get a chancel search if we are intending to buy in the parish of Paddock?
Regardless of the Roundhay parish in which you are purchasing, the conveyancing lawyer should confirm that a chancel search is taken out. In Roundhay's much older areas, chancel repair has the potential to be charged on the current owners of a property where Parochial Church Councils may have not done so in the past. In the event that chancel liability may apply, your solicitor might recommend insurance rather than pulling out of the purchase.
What do I get for my money from an estate agent?
A good estate agent will be able to bring their local knowledge into your transaction and reduce the amount of stress you might experience as part of the whole moving experience.
Although it might seem that agents do very little for their clients, they will help you set the sale price for your home by using their knowledge of similar properties, a large part will involve marketing your home by expressing it in its best light online and through fliers, phone calls and emails, etc., they will conduct viewings with ay interested potential buyers, manage the negotiations on the offers as they come in and, by law, they will also have to take all necessary steps to ensure the buyer is serious about entering into the contract to purchase the property when an offer is made.
However good you believe your chosen estate agent to be, you should take time to read through the terms and conditions thoroughly to understand what you’re paying them and what you’re going to get for your money.
Do you need to get a chancel search? We are purchasing a Roundhay maisonette on the same road as a 1500s 'church furlong'.
In Roundhay, where land was once owned by a lay impropriators, new owners of that property may be obliged to cover the cost of upkeep of church property in the locality. Terms used in a property's name, like 'vicarage', may indicate chancel liability. Your solicitor will suggest an appropriate indemnity policy to address chancel liability. Roundhay ecclesiastical properties include St John the Evangelist.
Is a Homebuyer Report a good idea when purchasing a house or flat, regardless of its age, in Roundhay?
Homeward Legal recommend that all buyers order a property survey. A wide range of defects can negatively affect a property, for example cracks in walls.
What’s the difference between exchange of contracts and completion?
When you exchange contracts, this means that you are agreeing to all the terms drawn up within the contract made between you on one side of the transaction, and the opposite party on the other side. It is from this point that you are legally obliged to go through with the transaction (unless you want to be subject to financial and/or legal penalties).
The completion of contracts is the point where you officially take over ownership of the property, receive the keys and can move in. All monies are transferred between the various parties and the conveyancing solicitor contacts the Land Registry to register the change of ownership to you.
Confused by the jargon in conveyancing? Let Homeward Legal's straightforward and clear service help guide you to as early a completion as possible. Try our online quote generator or call us on 0800 038 6699.