I have justbecome aware that Action Conveyancing have been shut down. They conducted my conveyancing in Barkingside for a purchase of a freehold house 12 months ago. How can I establish that the property is registered correctly in the name of the previous owner?
The quickest way to see if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Barkingside conveyancing specialists.
I've recently found out that there is a flying freehold element on a house I have offered on two weeks back in what should have been a simple, no chain conveyancing. Barkingside is the location of the property. What do you suggest?
Flying freeholds in Barkingside are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Barkingside you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Barkingside may determine 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 property.
Hoping to buy a property located in Barkingside and I am already nervous. I couldn't find anything specific about Barkingside. Conveyancing will be needed in due course but do you know about the Barkingside area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Barkingside. In the meantime here are some basic statistics that we found
I need to find a conveyancing solicitor for my conveyancing in Barkingside. I happened to stumble upon a web site which seems to have the perfect solution If it is possible to get all this stuff completed via web that would be preferable. Should I be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I dont have enough spare funds to pay a 10% deposit on my flat purchase in Barkingside , but I still want to proceed. Do I have options?
One option is to try and accept a lower deposit. Many vendors will accept a smaller deposit or even no deposit for a first time buyer or 100% mortgage. Be aware though that if you fail to complete you will still need to hand over a minimum of 10% of the purchase price regardless of how much deposit was agreed.
You can also agree a simultaneous exchange and completion as no deposit is required for this however neither party will be tied in until completion actually takes place and it can be risky if sellers change their mind at the last minute