Are there restrictive covenants that are commonly picked up during conveyancing in Swindon?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Swindon. 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…’
Due to the guidance of my in-laws I had a survey completed on a house in Swindon prior to retaining conveyancers. I have been informed that there is a flying freehold overhang to the house. Our surveyor advised that some mortgage companies may not give a mortgage on a flying freehold house.
It varies from the lender to lender. Lloyds has different requirements for example to Halifax. If you contact us we can look into this further via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Swindon. Conveyancing will be smoother if you use a solicitor in Swindon especially if they are accustomed to such properties in Swindon.
I'm remortgaging my current house to a buy to let mortgage with and I will use the ballance of the raised equity as a down payment on further house. The location we are interested in is Swindon. Will your conveyancers be able to act for the two lenders and tie in the conveyances?
Make use of our comparison tool on this page to ensure that the lawyers are on the relevant lender panels. On the basis that they are your solicitor will be able to simultaneously deal with the two transactions but you should talk with you solicitor and make clear your expectations and needs.