I have justdiscovered that Arc property Solicitors have been shut down. They carried out my conveyancing in Walton for a purchase of a leasehold apartment 12 months ago. How can I be sure that my home is in my name in the name of the former proprietor?
The quickest way to see if the premises is in your name, you can make 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 Walton conveyancing specialists.
How does conveyancing in Walton differ for newly converted properties?
Most buyers of new build residence in Walton approach us having been asked by the developer to exchange contracts and commit to the purchase even before the residence is built. This is because house builders in Walton usually 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 Walton or who has acted in the same development.
I opted to have a survey completed on a house in Walton prior to instructing lawyers. I have been advised that there is a flying freehold element to the property. My surveyor has said that some lenders tend refuse to issue a loan on this type of house.
It varies from the lender to lender. HSBC has different instructions for example to Birmingham Midshires. Should you wish to call us we can investigate further with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Walton. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Walton to see if the conveyancing will be more expensive.
I am using a search engine for the term conveyancing in Walton it shows results of numerous conveyancerslocally. How do I determine which is the right conveyancing solicitor for me?
The best method of finding a suitable conveyancer is via personal testimonial, so enquire of friends and relatives who have bought a property in Walton or the respected estate agent or financial adviser. Costs for conveyancing in Walton vary, so it's a good idea to request at least four quotes from varying types of solicitors. Be sure to secure confirmation what costs in the quote includes.
I purchased a flat in Walton last 17/10/2023 and to date it is still not registered with HMLR. It was part of a new estate and my conveyancer told me that it may take over a year to register. I have spoken with HMLR directly and they have informed me the original application was cancelled due to questions not being addressed in time. What can I do?
It is your conveyancer that you really need to get in touch with in order to satisfy any issues which have arisen as part of the registration process for your Walton property. Normal Walton conveyancing practice includes an undertaking on the part of the vendor’s conveyancing practitioner that they will assist in resolving any registration raised by HMLR so it may be a case of taking action to enforce that undertaking in some way.