Will lawyers request money on account for my conveyancing in Bury?
Where you are retaining lawyers for conveyancing in Bury your solicitor will ask you put them with monies to cover the the cost of the conveyancing searches. Normally this is requested to cover the fees of the Local Authority Search. If any down payment is as part of the purchase price then this should be needed immediately in advance of contracts are exchanged. The closing balance that is due should be sent to your lawyer shortly before completion.
My wife and I are intent on selling our home in Bury and the buyers lawyers are claiming that there is a possibility that the property was constructed on contaminated land. Any local lawyer would know this is not the case. It does beg the question why the buyers are using a nationwide conveyancing outfit as opposed to a conveyancing solicitor in Bury. We have lived in Bury for three years we know of no issue. Do we get in touch with our local Authority to seek clarification that there is no issue.
It sounds as though you may have a conveyancing solicitor already. What do they say? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
I purchased a terraced Edwardian property in Bury. Conveyancing lawyer represented me and Halifax. I did a free Land Registry search last week and I saw two entries: the first freehold, the second leasehold with the exact same address. I'd like to know for sure, how can I find out??
You need to assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Bury and other locations in the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with lenders. You can also check the situation with your conveyancing solicitor who conducted the purchase.
How does conveyancing in Bury differ for newly converted properties?
Most buyers of new build property in Bury approach us having been asked by the seller to exchange contracts and commit to the purchase even before the residence is finished. This is because builders in Bury tend to purchase the real estate, 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 used to new build conveyancing in Bury or who has acted in the same development.
My brother has suggested that I appoint his lawyers for conveyancing in Bury. Do I take his guidance?
Much as we are happy to recommend a Bury conveyancing lawyer the ideal way to select a conveyancing solicitor is to get referrals from friends or family who have used the conveyancer that you are are thinking of instructing.