At what point will exchange of contracts occur in domestic conveyancing in Wargrave and do I need to attend the conveyancers office?
Where you are in close proximity to our conveyancing solicitors in Wargrave you are welcome to come in to sign contracts. That being said, the firms we recommend provide a nationwide conveyancing service and give as equally detailed and professional a job for you when dealing with you electronically. The signing of the purchase agreement is not the point of no return. A signed contract is just a prerequisite for the conveyancer to address the formalities when the time is right, which is ordinarily shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where a long "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Wargrave)to be in the office available at the end of the phone to exchange contracts.
We're in Wargrave, First time buyers purchasing with a mortgage (lender is RBS , and our solicitor is on the RBS conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the RBS conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
About to purchase a new build flat in Wargrave. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below is a sample of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Wargrave
-
Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please supply a car parking plan. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided.
I opted to have a survey carried out on a house in Wargrave before appointing conveyancers. I have been told that there is a flying freehold element to the house. The surveyor advised that some lenders may refuse to give a loan on such a house.
It depends who your proposed lender is. Lloyds has different instructions from Nationwide. If you contact us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Wargrave. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Wargrave to see if the conveyancing will be more expensive.
My father-in-law has suggested that I use his conveyancers in Wargrave. Should I use them?
No doubt the ideal way to select a conveyancing practitioner is to get feedback from friends or family who have actually experience in using the firm that you are are thinking of instructing.