What is the difference between a licensed conveyancer and conveyancing solicitor in Theale
Two types of professional can execute conveyancing in Theale namely CLC regulated conveyancers or solicitors. Both professionals administer the legal services that you need to complete the sale or acquisition of property. Both are obliged to handle Theale conveyancing to the same quality and guidelines so you can be safe in the knowledge that your conveyancing will be professionally carried out and that the requisite procedures should be appropriately adhered to.
We are due to move home in January. Should my conveyancing solicitor call the removal company on the day of completion. As an aside, can you recommend a removal company in Theale. Conveyancing solicitor was chosen prior to coming across your site.
On the day of completion you can collect the house keys from your selling agent however this should only take place once the vendors solicitors confirm to the agent that the monies to complete are in and the keys can be passed over. After that you should inform the removal men that they can start moving you in. As a matter of policy we do not recommend a particular removal company but can help you find a residential property solicitor in Theale or a lawyer with expertise in conveyancing in Theale.
Principality have agreed my mortgage in principle, my bid on a property in Theale has been agreed to, what are the next steps?
Your estate agent will wish to know who your solicitors are (ensure that the solicitors are on the lender’s panel). Call up Principality or the financial adviser and finish off any relevant documentation. Principality will sellect a valuer who will get in contact with the estate agent or seller to arrange an appointment. Once carried out (assuming no problems) it takes approximately a week for the mortgage offer to be issued. Principality will issue the offer to you and your property lawyers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Theale.
I used Wolstenholmes a few years ago for my conveyancing in Theale. I now require my papers but cannot find the solicitor. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Theale of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
How does conveyancing in Theale differ for new build properties?
Most buyers of new build residence in Theale contact us having been asked by the builder to exchange contracts and commit to the purchase even before the property is finished. This is because house builders in Theale typically 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 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 accustomed to new build conveyancing in Theale or who has acted in the same development.
Due to the guidance of my in-laws I had a survey completed on a property in Theale ahead of instructing conveyancers. I have been advised that there is a flying freehold overhang to the property. Our surveyor advised that some mortgage companies may not issue a mortgage on this type of property.
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 look into this further via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Theale. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Theale to see if the conveyancing will be more expensive.
I am looking at a two maisonettes in Theale both have about fifty years unexpired on the leases. Will this present a problem?
A lease is a right to use the premises for a prescribed time frame. As the lease shortens the saleability of the lease reduces and it becomes more costly to acquire a lease extension. For this reason it is often a good idea to extend the lease term. It is often difficult to sell a property with a short lease as mortgage lenders may be unwilling to lend money on properties of this type. Lease enfranchisement can be a protracted process. We advise that you seek professional assistance from a conveyancer and surveyor with experience in this arena.
Theale Leasehold Conveyancing - Examples of Queries Prior to buying
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Is there a share of the freehold? Who is in charge of the building?