When will exchange of contracts take place for sale conveyancing in Bollington and am I required to be at the solicitors branch?
If you are in close proximity to one of the conveyancing solicitors in Bollington you are welcome to attend to sign documents. That being said, the law practices we recommend offer countrywide coverage for conveyancing and give just as comprehensive and professional a job for you when communicating with you by post or email. The executing of the contract is not when everything is set in stone. Signing on the dotted line simply enables the firm to exchange contracts when the time is right, which is ordinarily shortly after signing. The exchange process is is usually a five minute process, although where a lengthy "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Bollington)to be in the office available at the end of the phone to exchange contracts.
How does conveyancing in Bollington differ for newly converted properties?
Most buyers of new build property in Bollington approach us having been asked by the seller to sign contracts and commit to the purchase even before the property is ready to move into. This is because new home sellers in Bollington tend to acquire the land, 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 Bollington or who has acted in the same development.
I opted to have a survey done on a house in Bollington in advance of appointing solicitors. I have been informed that there is a flying freehold aspect to the property. My surveyor has said that some lenders may refuse to issue a mortgage on such a property.
It varies from the lender to lender. Santander has different requirements for example to Halifax. If you contact us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Bollington. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Bollington to see if the conveyancing will be more expensive.
I was recommended by two or three local estate agents in Bollington to locate a property lawyer on your site. Is there a financial incentive for Estate Agents to market your site rather than another?
We don’t make any financial incentive for directing people our way. We found it would be just too difficult to pay a commission as home movers will think, ‘How come the agent getting a kickback? Why aren’t I receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
My father has suggested that I use his conveyancing solicitors in Bollington. Should I choose my own conveyancer?
Much as we are happy to recommend a Bollington conveyancing lawyer it’s preferable to find a conveyancing practitioner is to seek referrals from friends or relatives who have previously instructed the solicitor that you are are thinking of instructing.
My a decade ago. He has been married, widowed and in recent months got married again. He now wants to dispose of the Bollington property. I suspect that he will simply be requested to supply copies of the marriage certificates to the conveyancing practitioner however he is concerned it will hold up the conveyancing. Is it worth updating the Land Registry information for the property?
It is not absolutely necessary to bring up to date the register as long as you have the evidence required to show how the name change resulted.
Any buyer’s conveyancer should examine the land registry information and require evidence by way of proof of the name change for example marriage certificates.