I require fast conveyancing in Bingley as I am under an ultimatum to exchange contracts within one month. A mortgage is not required. Is it possible to avoid the conveyancing searches to save fees and time?
If.Given you are are a mortgage free buyer you are at liberty not to have searches conducted although no solicitor would suggest that you don't. With plenty of history conveyancing in Bingley the following are instances of issues that can crop up and adversely affect future mortgageability: Refused Planning Applications, Overdue Fees, Overdue Grants, Unadopted Roads,...
It has been 4 months since my purchase conveyancing in Bingley concluded. I have checked the Land Registry site which shows that I paid £200,000 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.
How does conveyancing in Bingley differ for newly converted properties?
Most buyers of new build premises in Bingley come to us having been asked by the seller to exchange contracts and commit to the purchase even before the premises is built. This is because house builders in Bingley typically acquire the site, 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 property lawyers 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 Bingley or who has acted in the same development.
Due to the encouragement of my in-laws I had a survey completed on a property in Bingley ahead of appointing lawyers. I have been advised that there is a flying freehold overhang to the house. The surveyor advised that some mortgage companies may refuse to grant a mortgage on a flying freehold premises.
It depends who your proposed lender is. Lloyds has different instructions from Birmingham Midshires. Should you wish to call us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Bingley. Conveyancing may be slightly more expensive based on your lender's requirements.
My company is planning to lease a unit on the high street. Can you recommend lawyers offering no-sale-no charges for commercial conveyancing in Bingley for under 2k?
We are happy to recommend firms who have specialist knowledge of commercial conveyancing in Bingley, including the disposal and acquisition of businesses as well as simply premises. If you are intending to buy or sell a shop, pub, restaurant, office, retail premises or a complete business we can put you in touch with the right solicitor. Regarding the charges this will depend on the structure and complexity of the deal. Please provide us with your details or email us so that we can supply you with a fixed commercial conveyancing calculation.
Why can't I complete our conveyancing in Bingley on a bank holiday?
Because on completion the funds needs to pass between the banks of the purchaser and owner’s conveyancer and at present this can only happen on a working day. It is not possible to complete on a saturday or sunday either.