At what point does exchange of contracts occur in purchase conveyancing in Halifax and do I need to be at the conveyancers branch?

If you are in close proximity to our conveyancing solicitors in Halifax you are welcome to come in to sign the paperwork. That being said, the firms we work with provide countrywide coverage for conveyancing and provide as equally diligent and professional a job for you when communicating with you electronically. The executing of the contract is not when everything is set in stone. Signing on the dotted line is necessary for the conveyancer to officially exchange when the time is right, which will usually be very shortly after signing. The procedure is is usually a five minute process, although where an extended "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Halifax)to be in the office available at the end of the phone to exchange contracts.

My lender has recommended a law firm on their panel based in Halifax but I would rather use a conveyancing lawyer in Halifax or nearer to where I live. Can you assist?

It is by no means the case that all Halifax conveyancing practices are approved and listed on all banks conveyancing panel. Please make the most of the above find an approved solicitor tool to locate a Halifax conveyancing conveyancer on the on the mortgage company panel.

I require expedited conveyancing in Halifax as I am under an ultimatum to complete in less than 3 weeks. Luckily I do not need a mortgage. Can I escape the need for conveyancing searches to save fees and time?

If.Given you are not getting a home loan you have the choice not to have searches carried out although no lawyer would recommend that you don't. With lots of history conveyancing in Halifax the following are examples of what can be revealed and therefore impact future saleability: Refused Planning Applications, Outstanding Charges, Outstanding Grants, Unadopted Roads,...

I have todaybeen informed that Wolstenholmes have closed. They conducted my conveyancing in Halifax for a purchase of a freehold house 10 months ago. How can I establish that my home is in my name in the name of the former proprietor?

The quickest way to see if the property is registered to you, 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 Halifax conveyancing specialists.

When it comes to leasehold conveyancing in Halifax what are the most common lease problems?

Leasehold conveyancing in Halifax is not unique. Most leases are drafted differently and drafting errors can result in certain sections are wrong. The following missing provisions could result in a defective lease:

Clauses dealing with recovering service charges for expenditure on the building or common parts. A duty to insure the building

You could encounter difficulties when selling your property if you have a defective lease as they can affect a potential buyer’s ability to obtain a mortgage. National Westminster Bank, Virgin Money, and Bank of Ireland all have very detailed requirements when it comes to what is expected in a lease. If a mortgage lender believes that the lease is defective they may refuse to provide security, forcing the buyer to withdraw.

Halifax Conveyancing for Leasehold Flats - Sample of Queries Prior to buying

You should be aware if it is no more than eighty years it will affect the value of the flat. It is worth checking with your lender that they are happy with residual term of the lease. A short lease means that you will almost definitely have to extend the lease sooner rather than later and it is worth finding out how much this would cost. Remember, in most cases you will need to own the property for 24 months in order to be legally able to extend the lease. It would be prudent to investigate if the the lease includes any adverse restrictions in the lease. By way of example some leases prohibit pets being allowed in in a block in Halifax. If you like the flatin Halifax but your dog can’t live with you then you will be faced difficult determination. It would be wise to find out as much as you can about the managing agents as they will either make your living at the property much easier or problematic. Being a leasehold owner you will be at the mercy of the managing agents both financially and when it comes to every day matters like the tidiness of the common parts. Enquire of other tenants if they are happy with their service. Finally, be sure you understand the dates that you are obliged pay the maintenance charge to the managing agents and specifically what you get for your money.