Logo

The buying process - where does my conveyancer come in?

PUBLISHED: 19:51 13 May 2018 | UPDATED: 19:51 13 May 2018

What exactly does your conveyancer do? Pic: www.gettyimages.co.uk

What exactly does your conveyancer do? Pic: www.gettyimages.co.uk

What exactly does your conveyancer do? Sally Yaxley, from Spire solicitors, discusses.

Sally Yaxley, Spire solicitors Sally Yaxley, Spire solicitors

Q) When do I need to pay my conveyancer?

Your conveyancer will initially need some money on account for searches and disbursements; usually a few hundred pounds. Your deposit (generally 10 per cent of the purchase price) is payable just prior to exchange of contracts. Your conveyancer will then prepare a completion statement prior to completion which will include all receipts and payments, such as SDLT, Land Registry fees and your legal fees. You will need to ensure that the balance is with your conveyancer in cleared funds before completion can take place.

Q) Do I need a survey?

A survey will look at the physical condition of the property and highlight physical defects or maintenance requirements. There are various types of surveys and a surveyor can advise on the most suitable. If you are buying with a mortgage, your lender will instruct a “Valuation Survey” which is only for their protection. We always recommend surveys to buyers because an expert is able to comment on the physical condition of the property which is something conveyancers cannot do.

Q) What will the Local Authority Search reveal?

Clients often think this search will reveal neighbourhood changes such as a new housing estate planned to be built nearby. However, the local search does not disclose such issues and will only reveal matters directly relating to the property you are buying.

It is possible to carry out a further search, which will reveal nearby planning applications and other matters affecting the neighbourhood, including information about local schools and crime statistics. You can also speak to the local planning officer about planned development that has not yet reached the formal planning stage, and they can advise whether that field at the rear is zoned for future development or not. Of course, you can never say never with planning, as policies can change over time, but he will be able to give you a good idea of how safe your view is at least for the time being.

Q) What information does the seller have to provide?

The seller’s Property Information Form should disclose planned development in the area that the seller is aware of, or any neighbour disputes, but it is much better to find out about such things beforehand than to have to try to claim misrepresentation against your seller afterwards.

If you would like to discuss any points in this article further, please contact Spire Solicitors LLP on 01603 677077 for all your legal needs.

This is not a complete statement of the law and you should always seek professional legal advice.

Spire solicitors has sponsored this column.

Latest Property Articles

You’ve seen the scaffolding around Norwich but now it’s the ‘big reveal’ as hundreds of new apartments in three major developments in the city centre reach various stages of completion. Property editor Caroline Culot went to visit Sentinel House, Skipper House and Aldwych House, all for sale with abbotFox.

It used to be one of the grandest houses in Harleston and could be again. Property editor Caroline Culot went to visit Candlers, a fantastic renovation project awaiting the right buyer, for sale for a guide price of £425,000 with Durrants.

A much-loved hardware store in Harleston, occupied by the same owners for half a century is going under the hammer with Brown & Co.

See how the owners of this Victorian shooting lodge for sale at Bylaugh Park have turned it into a fantastic home, hidden away in 10 acres of parkland with only the birds as neighbours.

It really will be a ‘millionaires’ row’ as not one but SEVEN ultra modern, luxury homes are now for sale in fields five miles from Norwich, each with a price-tag of £1.53 million.

A council’s decision on a large development near Norwich hangs on the matter of whether a new school will be built along side it.

The average price of a flat in the UK has risen by £75,074 over the last five years, equivalent to £1,251 per month, according to new research.

This idyllic late Georgian residence overlooking the sea, for sale for £895,000, is believed to have been the Bishop of Norwich’s country retreat as well as an army base during the war.

An inspector has ordered a public hearing to help them determine whether city councillors were right to prevent a Norwich church from being turned into flats.

See inside one of the most expensive homes for sale in Norfolk. Property editor Caroline Culot reports on Field House in Brancaster, for sale for £2.4 million with Bedfords.

Is this the prettiest thatched house in Norfolk? Property editor Caroline Culot went to visit Nether House, Strumpshaw Road, Brundall, for sale for £800,000 with Pymm & Co.

Thousands of new homes are going to be built in Norwich and its surrounding areas over the coming years.

A £70m bid, which council leaders say would kick-start the building of more than 13,500 new homes to the north of Norwich, is entering a crucial period.

The 25-storey tower in the revamp of Anglia Square would have a “severe negative impact” on the character of all of Norwich, according to the organisation which protects the nation’s heritage.

It’s one of the cheapest homes money can buy in Norfolk - yet this little brick house has been for sale for SEVEN years - even though it’s only £20,000.

Families will have to move out of their dream new-build homes for a second time in a year after problems were uncovered with a street of houses.

How affordable are houses where you live? New data published yesterday shows in Norfolk, you need to pay on average eight times your annual income to buy a roof over your head as price rises soar way above wage increases.

Today is the last day to have your say on redevelopment plans for Norwich’s Anglia Square.

A total of 2,478 home buyers in Norfolk have so far used the Help to Buy scheme including 1,900 first time buyers. Alison Page, of David Wilson Homes, discusses the options.

What exactly does your conveyancer do? Sally Yaxley, from Spire solicitors, discusses.

Nearly 90 homes are currently on the market in Norfolk for £1 million or more as research shows sales on properties with this price tag have reached a record high.

Apartments in the city where you can’t hear your neighbours, where your air has been filtered, and which are 10 per cent bigger than the average. Oh, and also painted in Farrow & Ball. Sounds like London? No, Conisford Court in Norwich has just launched for the buyer who ‘likes the best of everything’ - but priced from £170,000. Property editor Caroline Culot went to take a look.

A war-time hangar which was transformed into Norwich’s International Aviation Academy has won an award for its ‘outstanding’ design

We’ve mapped the latest price paid data from the Land Registry Office to give a snapshot of the Norfolk property market.

Fancy living with Blickling Hall as your neighbour? How about buying this idyllic country cottage being sold on a National Trust lease for £550,000?

It’s hard to think anyone could see a future for this rather unattractive, purpose-built grain store. But one developer with a great imagination worked his magic to transform it into a stunning home.

Traders fear that Anglia Square’s redevelopment will never happen if existing proposals are turned down.

More than 200 comments have been lodged over controversial proposals to revamp Norwich’s Anglia Square, with the clock ticking on the final deadline for views to be submitted.

Struggling to get on the property ladder? Have you considered shared equity? Edward Parker, from Bennett Homes, discusses.

Norfolk estate agents, Aidan Branch from Durrants and Nick Taylor, give their advice on what to do if your agent suddenly goes bust.

The former historic home of the late Ron Fiske has come on the market for a guide price of £1.85 million.

Revived proposals to build student flats on a Norwich car park have sparked more than 50 objections.

Mike White of Martin & Co discusses whether private landlords should come together in a bid to avoid relinquishing their properties

A house has come up for sale with adjoins the historic Market Cross in New Buckenham.

Are you looking for a property project? If so, this handsome period house standing behind a high wall in just over 1.1 acres could be the ideal renovation for you.

The Victorians could never have imagined a terraced house could look like this...property editor Caroline Culot went to see 115, College Road, Norwich which has been cleverly transformed into a stylish pied a terre with its own loft style pad overlooking the Golden Triangle roof tops.

It looks good enough to eat - a fairytale cottage designed to look like crumbly biscuit cake with icing on the top!

Do you need to sell a house quickly but still want to achieve the best price? Nick Eley, partner at Watsons estate agents, discusses the new service of online auction.

Moving to a new home does not need to be stressful, says Alison Page, of David Wilson Homes.

People’s views are wanted on proposals for more than 500 new homes at White House Farm in Sprowston.

The deadline for people to have their say on the proposals to revamp Norwich’s Anglia Square has been extended - because computer problems meant people were not able to contribute their views.

Langford Estates officially opens today in a new office on Colman Road in the city - expanding not only into bigger premises but offering property sales as well as rentals. But why the move? Property editor Caroline Culot went along to find out.

More than 40 new homes, specifically for older people, could be built on the outskirts of Norwich as part of a retirement village.

House prices in Norwich have risen by 1.7pc in February according to the latest data from the Office for National Statistics.

What do you need to consider legally when buying a new home? Susan Ward, from Spire solicitors, discusses.

Meet the Editor

Caroline Culot

Email
Twitter

I am the property editor in charge of delivering some exciting and informative content within Archant’s varied titles. We have 16-17 pages of stories, features and columns in the EDP Property supplement out every Friday free in your EDP so please don’t miss it.