Is it necessary that we get searches for chancel liability? I am purchasing in Yiewsley.
The outcome of a landmark case in 2003 reaffirmed that 'lay rectors' of property must cover the cost of church repairs. Owners who have bought property prior to 2003 may be totally unaware that a liability exists if a chancel search was not carried out. Ecclesiastical properties in Yiewsley include St Matthew.
Do you work with many mortgage lenders with Yiewsley offices?
The Homeward Legal partnership can work in conjunction with most lenders who are Council of Mortgage Lenders-approved. A number of mortgage specialists operate in Yiewsley, including Mortgage Mantra Ltd, 1st Floor/784 Uxbridge Rd, Hayes, UB4 0RS, Best Advice, 20 Brickett Cl, Ruislip, HA4 7YE, and ACL Commercial Funding Ltd, Eastbury House/3 Eastbury Rd, Northwood, HA6 3BG. The lawyer handling the work for your Yiewsley purchase or sale can state specific lenders' requirements.
What specific things do I need to look out for if I’m buying a house on the coast?
With worsening weather and floods now becoming increasingly commonplace, with the media remarking on it in depth, buying a property that has a likelihood of flooding is a difficult decision to make. Not only is there the issue of cleaning up if it does flood, but insurance premiums will be much higher (and perhaps even prohibitive).
For homes in coastal areas, there is also the problem of coastal erosion, where some properties have been seen to literally fall into the sea.
However, the good news is that picking a home in a coastal region doesn’t automatically mean that it’s going to be subject to flooding or that it’s eventually going to slip into the sea. The searches ordered by your conveyancing solicitor will identify the level of risk associated with the property and, based on this, your solicitor may recommend that you take out specialist reports (e.g. from Landmark or other organisations) to get a more in-depth description of the risks and options. These are in addition to the standard set and will be charged to you as a disbursement at cost.
Your surveyor will also be able to identify evidence of previous floods and other problems during their inspection and provide advice in their report. If the problems are considered sufficiently severe, the surveyor may also note the specifics for further investigation by your conveyancing solicitor.
We are purchasing a house with Nationwide - what do we need to be aware of?
Buyers should consider that, over the last two years, some lenders have reduced their 'solicitor panel', resulting in increased legal costs for purchasers if the lender insists upon their own conveyancer . Homeward Legal will act for most lenders to keep legal costs to a minimum.
If we plan to buy near Yiewsley, in the parish of Mentmore, do we need a chancel search?
The solicitor instructed to handle the transaction is likely to recommend a chancel search. Although some Parochial Church Councils have exercised their right to exact chancel repairs on the current owners of land subject to chancel liability, it is not possible to be certain that a parish where repair costs have not been paid before will continue to be free from liability, so indemnity insurance may be advisable even if liability is unlikely.
In respect of the Met Office warning of more intense rainfall in the future I am questioning whether flood searches won't be exacting enough?
A diligent Yiewsley conveyancing solicitor will advise you to apply for thorough property environmental searches if the first search establishes a risk of flooding in Yiewsley
For greater area background why not contact a future neighbour.
How long will conveyancing legal work take?
In general, the number of weeks required to sell or purchase a house can vary. This is affected by a broad set of aspects, for example, if you plan to take out a mortgage. Nationally, the average is up to twelve weeks, we however will, wherever feasible, work towards a six-week timescale.
Does homewardlegal.co.uk manage auction conveyancing in Yiewsley?
We are able to act for buyers at auction. Often difficult to value houses such as short lease flats, are bought in property auctions which tend to require greater examination. We therefore encourage that buyers formally appoint their chosen lawyer prior to the actual auction to allow for a detailed review of the property's legal title.