I am in a contract race with another prospective purchaser for a property in Bookham. What can I do to expedite the legal process?
In a situation where you are under time constraints for your conveyancing it is highly recommended that your solicitor is familiar with the location as they will have local contacts and intelligence. It is even conceivable that they would have transacted otherhouses in the same road. Therefore consider using a Bookham conveyancing solicitor. In addition, check that the conveyancing firm is on the on the approved list for your mortgage company. It is understood that just under twenty per cent of Bookham conveyancing deals are suspended or jeopardised after finding out that a buyer’s conveyancer was not on their banks panel. In many cases this discovery resulted in the buying process being delayed by an average of 21 days. It is said that this issue affects in the region of 100,000 home moves annually. Most Bookham conveyancing practices can not act for certain lenders so do check at the outset.
Finally the sale completed on my house in Bookham last May but my buyer keeps whats apping daily to say his lawyer needs to hear from mine. What are the post completion sale formalities now that I have sold?
Following your house sale your lawyer is obliged to send the transfer deeds and all of the paperwork to the buyer’s solicitors. Depending on the transaction, your solicitor must also confirm that the legal charge in favour of the lender has been repaid to the buyers lawyers. There are no post completion procedures peculiar conveyancing in Bookham.
My wife and I have recently appointed a conveyancing solicitor in Bookham. I I would like to check if they are accepted on the Accord Mortgages Ltd approved list of lawyers. Can you or the lender confirm if they are on the panel?
You should phone the lawyer and ask them whether they can act for the bank. Alternatively you should call Accord Mortgages Ltd who may be able to assist.
I need some expedited conveyancing in Bookham as I am faced with pressure to sign on the dotted line inside one month. Luckily I do not require a mortgage. Can I avoid the conveyancing searches to save fees and time?
As you are are a mortgage free buyer you have the choice not to have searches conducted although no lawyer would recommend that you don't. With plenty of history conveyancing in Bookham the following are examples of what can appear and therefore impact future saleability: Refused Planning Applications, Overdue Charges, Outstanding Grants, Railway Schemes,...
I have been on the look out for a flat up to £235,500 and identified one near me in Bookham I like with amenity areas and station nearby, the downside is that it's only got 61 years on the lease. There is not much else in Bookham for this price, so just wondered if I would be making a mistake purchasing a short lease?
Should you need a mortgage the remaining unexpired lease term may be a potential deal breaker. Reduce the offer by the amount the lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for at least twenty four months you could request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should consult your conveyancing solicitor about this matter.
I'm selling a bungalow in Bookham. I have found my conveyancer's company on the CLC list, but I can't find my lawyer's name on the list. Should I be concerned?
Not every individual in the company must be listed by the regulator. As long there is a manager qualified to 'oversee' the conveyancing, the actual day-to-day activity can be conducted by unlicensed staff.