The housing market in New Covent Garden is hotting up. What can I do to expedite matters?
First, If you are under a tight deadline for your conveyancing we would recommend that your conveyancer is familiar with the area as they will benefit local relationships and knowledge. It is possible that they could have handled previoushomes in the same street. Therefore consider using a New Covent Garden conveyancing solicitor. Second, make sure that the conveyancing firm is on the on the approved list for your mortgage company. It is understood that 18% of New Covent Garden conveyancing deals are delayed or derailed after discovering a buyer’s solicitor was not on their mortgage lender’s list of approved solicitors. In many cases this discovery resulted in the buying process being held up by almost 21 days. It is understood that this issue affects in the region of one hundred thousand home sales annually. Many New Covent Garden conveyancing practices can not act for certain mortgage companies so do check at the outset.
I am selling our house in New Covent Garden and the buyers lawyers are claiming that there is a risk of it being built land that was not decontaminated. Any high street New Covent Garden conveyancer would know this is not the case. For the life of me I don't know why the purchasers used a web based conveyancing outfit as opposed to a conveyancing solicitor in New Covent Garden. Having lived in New Covent Garden for many years we know that this is a non issue. Should we get in touch with our local Authority to get confirmation need.
It sounds as though you may have a conveyancing solicitor currently acting for you. Are they able to advise? You should 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 health insurance to cover that same ailment)
I have recentlybeen informed that Stirling Law have closed. They conducted my conveyancing in New Covent Garden for a purchase of a leasehold flat 12 months ago. How can I establish that the property is in my name in the name of the former proprietor?
The easiest way to see if the premises is registered to you, you can carry out 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 New Covent Garden conveyancing specialists.
I've recently found out that there is a flying freehold element on a house I put an offer in two weeks back in what was supposed to be a simple, chain free conveyancing. New Covent Garden is the location of the property. Is there any guidance you can give?
Flying freeholds in New Covent Garden are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside New Covent Garden you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in New Covent Garden may decide 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.
I am using a search engine for the words on line conveyancing in New Covent Garden it shows results of many conveyancerslocally. How do I determine which is the right property lawyer for purchase transaction?
The preferential way of seeking a suitable conveyancer is through a personal testimonial, so enquire of colleagues and those you trust who have bought a property in New Covent Garden or the respected estate agent or financial adviser. Costs for conveyancing in New Covent Garden vary, so it's advisable to obtain at least four costs illustrations from varying types of law firms. Dont forget to clarify what costs in the quote includes.