I am need of leasehold conveyancing for a flat in a relatively new development (6 years old) in Datchet. The vast majority the flats have already been occupied. Is it strictly necessary to order conveyancing searches for my conveyancing in Datchet?
You would be putting yourself at risk in refusing to carrying out Datchet conveyancing searches. Without searches you have no clarity over flooding, environmental etc which may mean you walk away due to potential problems down the line. If you are buying mortgage free there is no legal requirement to have them, but we would absolutely advise in the strongest possible terms that you have them. Where speed and cost are primary concerns you should consider with your lawyer about the option of search insurance
How does conveyancing in Datchet differ for new build properties?
Most buyers of new build or newly converted property in Datchet contact us having been asked by the builder to sign contracts and commit to the purchase even before the house is constructed. This is because house builders in Datchet usually acquire 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 accustomed to new build conveyancing in Datchet or who has acted in the same development.
I've recently found out that there is a flying freehold element on a house I have offered on two weeks back in what was supposed to be a quick, no chain conveyancing. Datchet is the location of the property. Can you offer any advice?
Flying freeholds in Datchet are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Datchet 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 Datchet may ascertain 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.