Is there a reason to use a Bourne conveyancing firm given that online alternatives are easier on the wallet?
By all means make sure that you get 2 or 3 like-for-like quotes for conveyancing costs in Bourne and you should seek a competitive fee calculation but don’t become consumed with getting the cheapest Bourne conveyancer. Finding the right conveyancer can be the distinction between a seamless and a distressing home move. It is important that you ensure that you have expert guidance from a specialist solicitor. Emails can't take the place of a phone conversation and can never replicate a one to one appointment. The firms that we work with will find you a qualified and experienced conveyancing solicitor who can tackle your conveyancing from from the outset to completion, providing a level of hand holding that you will never get with an online conveyancer. Our lawyers will contact you regularly to update you as to progress making sure that you are ensuring that you are updated at regular intervals. Should you need to phone the office you will know who you need to speak to and we'll be sure you are in the know.
My husband and I are nearing an exchange on a house in Bourne and my parents have transferred the ten percent deposit to my lawyer. I am now informed that as the deposit has been sent from someone other than me my solicitor needs to make a notification to my lender. Apparently, in also acting for the lender he must inform them that the balance of the purchase price is not just from me. I advised the mortgage company regarding my parents' contribution when I applied for the mortgage, so is it really appropriate for him to raise this?
The lawyer is obliged to clarify with the bank to ensure that they understand that the balance of the purchase price is not from your own funds. The solicitor can only disclose this to your lender if you permit them to, failing which, your lawyer must cease to continue acting.
I purchased a freehold property in Bourne yet charged rent, why is this and what is this?
It’s unusual for properties in Bourne and has limited impact for conveyancing in Bourne but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for many centuries, but the Rent Charge Act 1977 barred the generation of fresh rentcharges post 1977.
Old rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 will be extinguished.
My relative recommended that where I am purchasing in Bourne I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is occasionally included in the estimate for your Bourne conveyancing searches. It is not a small document of more than thirty pages, listing and detailing significant information about Bourne around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Local Education with maps and statistics, Local Amenities and other useful data concerning Bourne.
Despite weeks of looking the Title Certificate and documents to my house can not be found. The solicitors who dealt with the conveyancing in Bourne 4 years ago have long since closed. Will I be able to sell the house?
In today’s world there are copies made of almost everything, and your conveyancer will be aware precisely where to look for all the suitable documentation so you may purchase or sell your house without any difficulty. Where copies are not available, your solicitor may be able to arrange cover in the form of insurance or indemnities against possible claims on the premises.
How does conveyancing in Bourne differ for newly converted properties?
Most buyers of new build premises in Bourne contact us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the premises is built. This is because builders in Bourne tend to purchase 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 conveyancers 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 accustomed to new build conveyancing in Bourne or who has acted in the same development.