At what point can the exchange of contracts occur in residential conveyancing in Wraysbury and am I required to be at the lawyers office?

Where you are in close proximity to our conveyancing solicitors in Wraysbury you are invited in to sign contracts. That being said, the lender approved solicitors 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 property agreement is not the point of no return. A signed contract simply enables the conveyancer to exchange contracts at the appropriate time, which will usually be very shortly after signing. The procedure is nowadays normally dealt with by telephone and can be very rapid, although where an extended "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Wraysbury)to be in the office at the appropriate time.

I require fast conveyancing in Wraysbury as I am under a deadline to exchange contracts inside one month. Luckily I do not require a mortgage. Is it possible to escape the need for conveyancing searches to save money and time?

If.Given you are not taking a mortgage you have the choice not to have searches carried out although no conveyancer would recommend that you don't. With plenty of history conveyancing in Wraysbury the following are examples of what can appear and therefore impact future saleability: Refused Planning Applications, Overdue Fees, Outstanding Grants, Unadopted Roads,...

It has been five months following my purchase conveyancing in Wraysbury completed. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £160,000. 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 premises 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.

I opted to have a survey carried out on a property in Wraysbury prior to retaining lawyers. I have been advised that there is a flying freehold element to the property. My surveyor advised that some lenders tend not grant a loan on such a home.

It depends who your proposed lender is. Lloyds has different requirements from Halifax. Should you wish to telephone us we can investigate further with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Wraysbury. Conveyancing will be smoother if you use a solicitor in Wraysbury especially if they are familiar with such properties in Wraysbury.

What advice can you give us when it comes to appointing a Wraysbury conveyancing firm to carry out our lease extension conveyancing?

When appointing a property lawyer for your lease extension (regardless if they are a Wraysbury conveyancing practice) it is most important that they be familiar with the legislation and specialises in this area of conveyancing. We suggest that you talk with several firms including non Wraysbury conveyancing practices before you instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions could be of use:

How many lease extensions have they conducted in Wraysbury in the last year?

Leasehold Conveyancing in Wraysbury - Examples of Questions you should ask before buying

The answer will be helpful as a) areas could result in problems for the building as the communal areas may begin to deteriorate where maintenance are not paid for b) if the leasehold owners have a dispute with the managing agents you will want to have all the details You should be aware that where the lease has fewer than 80 years it will impact the marketability of the apartment. It is worth checking with your lender that they are willing to go ahead with the loan given the lease term. Leases with fewer than 80 years remaining means that you will most likely have to extend the lease sooner rather than later and you need to have some idea of how much this would cost. Remember, in most cases you will be be obliged to have been the owner of the property for a couple of years in order to be entitled to extend the lease. Best to be warned if window replacement or some other major work is anticipated that will be shared by the leasehold owners and may well dramatically impact the level of the service fees or result in a specific payment.