I require conveyancing for a flat in a fairly new development (6 years built) in Downton. 95% of the properties have already been occupied. Do I need carry out the conveyancing searches for my conveyancing in Downton?

You are taking a significant risk in failing carrying out Downton conveyancing searches. Without searches you have no clarity over flooding, environmental etc which may mean you walk away due to potential problems down the line. If you are buying without a mortgage there is no legal necessity to have them, but we would absolutely advise in the strongest possible terms that you have them. Where time pressures and expenses are top of your issues you should consider with your lawyer about the options such as contingency insurance available to you

It is 10 years ago since I bought my property in Downton. Conveyancing lawyers have recently been retained on the sale but I am unable to find my title documents. Will this cause complications?

Don’t worry too much. First the deeds may be with your lender or they may be in the possession of the solicitor who acted in your purchase. Secondly the likelihood is that the land will be recorded at the land registry and you will be able to prove you are the registered owner by your conveyancing lawyers acquiring up to date copy of the land registers. Nearly all conveyancing in Downton involves registered property but in the rare situation where your home is not registered it is more of a problem but is resolvable.

I need some fast conveyancing in Downton as I am under a deadline to exchange contracts in less than one month. A mortgage is not required. Is it possible to escape the need for conveyancing searches to save money and time?

If.Given you are are a cash purchaser you have the choice not to do searches although no solicitor would recommend that you don't. With lots of history conveyancing in Downton the following are examples of what can crop up and therefore affect market value: Refused Planning Applications, Outstanding Fees, Outstanding Grants, Railway Schemes,...

How does conveyancing in Downton differ for newly converted properties?

Most buyers of new build premises in Downton come to us having been asked by the seller to exchange contracts and commit to the purchase even before the residence is ready to move into. This is because builders in Downton typically acquire the site, 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 conveyancers 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 accustomed to new build conveyancing in Downton or who has acted in the same development.

I dont have enough spare funds to pay a 10% deposit on my flat purchase in Downton , but I am anxious proceed. What can I do?

You can accept a lower deposit. Many vendors will agree to 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