I require expedited conveyancing in Shenley Church End as I am under a deadline to exchange contracts in less than one month. Thankfully I do not require a mortgage. Is it possible to escape the need for conveyancing searches to save fees and time?
If.Given you are are a mortgage free buyer you have the choice not to have searches carried out although no lawyer would suggest that you don't. Drawing on our experience of conveyancing in Shenley Church End the following are instances of what can arise and adversely impact market value: Enforcement Notices, Outstanding Charges, Overdue Grants, Unadopted Roads,...
five months have gone by following my purchase conveyancing in Shenley Church End completed. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does conveyancing in Shenley Church End differ for new build properties?
Most buyers of new build residence in Shenley Church End approach us having been asked by the seller to sign contracts and commit to the purchase even before the house is constructed. This is because house builders in Shenley Church End 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 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 used to new build conveyancing in Shenley Church End or who has acted in the same development.
I decided to have a survey carried out on a house in Shenley Church End prior to appointing solicitors. I have been informed that there is a flying freehold overhang to the property. My surveyor advised that some banks may not issue a loan on a flying freehold premises.
It depends who your proposed lender is. Bank of Scotland has different requirements for example to Halifax. Should you wish to call us we can investigate further via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Shenley Church End. Conveyancing may be slightly more expensive based on your lender's requirements.
We're first time buyers - agreed a price, but the property agent told us that the owners will only issue a contract if we use their chosen lawyers as they want a ‘quick sale’. Our preferred option is to instruct a local conveyancer who is accustomed to conveyancing in Shenley Church End
It is improbable the sellers are driving this. If they require ‘a quick sale', alienating a genuine buyer is going to damage their objectives. Contact the vendors directly and make sure they understand (a)you are keen to buy (b)you are excited to move forward, with finances arranged © you do not need to sell (d) you intend to proceed fast (e)however you will continue to instruct your own,trusted Shenley Church End conveyancing lawyers - not the ones that will give their negotiator at the agency a introducer fee or hit his conveyancing targets set by corporate headquarters.