For a fast conveyancing process on the purchase of a £ 411,000 house, what should we do?
As is often reported, fast Stanwick conveyancing is essential to instruct a proactive, diligent property lawyer. There are a range of things you as the buyer could do, such as, calling or emailing the property lawyer, and chase them if you suspect any delays, answering any queries raised by the property lawyer as soon as possible and organising your finances.
Can I change the purpose of use for a purchase as part of the conveyancing procedure?
Putting in a planning request to change the use of part or all of a property is a straightforward process and you can deal directly with the local authority, which authorises plans and requests. However, tying it in with a planned purchase of a property has its own problems, since you don’t yet formally own the property, and the length of time to get through the planning process (with no guarantee of success) will need to be factored into the purchase duration, which the seller may not agree to.
We would advise you to either buy the property and then put in the planning request after completion (or exchange at the very earliest), or buy a property that’s already fit for your purposes. Or you might be lucky to find a property that already has the relevant planning consents in place.
Why is it silly to buy a leasehold with less than 99 years to run?
In large part, if a leasehold drops below 90 years, it’s because mortgage companies will not be willing to lend money to purchase the leasehold. They will almost certainly have a stipulation on the length of the leasehold as part of their criteria for lending.
Most buyers are very aware of this and the trend is for an insistence of the sellers to provide an extension back up to the 99-year or 125-year thresholds before considering its purchase. Otherwise, even if you can finance it, eventually you’ll have to consider the legal cost of extending the lease yourself.
Which local authority is responsible for Stanwick?
Stanwick is located in East Northamptonshire District Council, East Northamptonshire House, Cedar Drive, Thrapston, Northhants, NN14 4LZ, contact: 01832 742 000
Which government authority is responsible for logging the condition of neglect Stanwick conservation areas?
Conservation area concerns like building materials used, non sympathetic doors or street guard rails are governed by East Northamptonshire. Following a campaign, English Heritage have assembled a detailed list on the state of repair of conservation areas in England along with the risk of deterioration or improvement.