We opted for a high street lawyer for our conveyancing in Cobham recently. Reviewing the Terms I seewe are liable for costs even if the dealdoes not happen. Should I ditch them and choose a web based lawyer promising no move no charge conveyancing in Cobham?
Generally there is a compromise along the lines that if "No Sale No Fee" is available then the conveyancing charges will tend to be be uplifted to offset the conveyances that fail to complete. Also remember that these arrangements generally do not cover disbursements by way of example Cobham conveyancing search charges.
We are planning on selling our home in Cobham and according to the buyers it appears that there is a risk of it being built on contaminated land. A local lawyer would know that there is no such problem. It does beg the question why the buyers instructed a national conveyancing outfit rather than a conveyancing solicitor in Cobham. Having lived in Cobham for many years we know that this is a non issue. Do we get in touch with our local Authority to obtain clarification that the buyers are looking for.
It would appear that you have a conveyancing lawyer already. What do they say? You need to enquire of 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 ailment)
How does conveyancing in Cobham differ for newly converted properties?
Most buyers of new build property in Cobham approach us having been asked by the builder to exchange contracts and commit to the purchase even before the residence is completed. This is because house builders in Cobham tend to acquire the land, 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 Cobham or who has acted in the same development.
I have been on the look out for a ground for flat up to £305k and found one round the corner in Cobham I like with a park and transport links in the vicinity, the downside is that it's only got 51 remaining years left on the lease. There is not much else in Cobham in this price bracket, so just wondered if I would be making a grave error acquiring a lease with such few years left?
Should you need a home loan the shortness of the lease may be a potential deal breaker. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the current proprietor has owned the premises for at least twenty four months you may ask them to start the process of the extension and pass it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer about this matter.
Is it best to appoint a Cobham conveyancing practitioner based in the area that I am hoping to buy? I have an old university friend who can deal with the legal work however her office is approximately 350kilometers drive away.
The benefit of a high street Cobham conveyancing practice is that you can pop in to sign paperwork, deliver your ID and apply pressure on them if necessary. Having local Cobham know how is a benefit. However it's more important to get someone that will do a good and efficient job. If other friends have instructed your friend and they were happy that should outweigh using an unknown Cobham conveyancing lawyer just because they are round the corner.