We are due to complete on the purchase of a house in Castelnau but as a consequence of damage from the recent storms I have managed to agree recompense from the seller in the sum of £2k by way of a deduction in the price. I had intended this to be dealt with as part of the conveyancing process yet Aldermore will not agree to this. Should they have been informed?
Any solicitor that is on a Aldermore conveyancing panel is duty bound to inform Aldermore of any changes to the purchase price. If you prohibit your conveyancing practitioner to notify the price change to Aldermore then they would have to discontinue acting for you. In addition, Aldermore and you would have to appoint a new property lawyer for your conveyancing in Castelnau.
At what point will exchange of contracts occur in sale conveyancing in Castelnau and am I required to be at the lawyers branch?
If you are round the corner to one of the conveyancing solicitors in Castelnau you are welcome to come in to sign contracts. However, the firms we recommend provide a national conveyancing service and give as equally detailed and professional a job for you when communicating with you by post or email. The executing of the sale agreement is not the critical part. Signing on the dotted line is necessary for the conveyancer to exchange contracts when the time is right, which will usually be very shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where a lengthy "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Castelnau)to be in the office at the appropriate time.
Are the BSA intent on creating a search tool with a view to list practices on the Melton Mowbray Building Society conveyancing panel for example in Castelnau?
Lexsure has not been advised of any plans on the part of the BSA to develop such a tool.
I need some expedited conveyancing in Castelnau as I have an ultimatum to complete within 3 weeks. A mortgage is not required. Can I avoid the conveyancing searches to save fees and time?
As you are not getting a mortgage you have the choice not to have searches carried out although no law firm would advise that you don't. With plenty of history conveyancing in Castelnau the following are instances of what can appear and adversely affect future mortgageability: Refused Planning Applications, Outstanding Charges, Overdue Grants, Railway Schemes,...
I've recently found out that there is a flying freehold issue on a house I put an offer in a fortnight ago in what should have been a straight forward, no chain conveyancing. Castelnau is the location of the property. Is there any guidance you can impart?
Flying freeholds in Castelnau are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Castelnau you would need to get your solicitor to go through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Castelnau 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 property.