When can the exchange of contracts happen for purchase conveyancing in Braunstone and do I need to attend the solicitors office?
Where you are in close proximity to our conveyancing solicitors in Braunstone you are invited in to sign documents. That being said, the firms we recommend offer a countrywide conveyancing service and give as equally 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. A signed contract is just a prerequisite for the solicitor to exchange contracts at the suitable time, which is ordinarily shortly after signing. The exchange process is is usually a five minute process, although where a lengthy "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Braunstone)to be in the office at the appropriate time.
I am told that my conveyancing solicitors will need to check that the building insurance for my purchase of a house in Braunstone. My lender is Accord Mortgages
Accord Mortgages have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 20/4/2025, the requirements read as follows :
I have justdiscovered that Stirling Law have been shut down. They carried out my conveyancing in Braunstone for a purchase of a leasehold flat 10 months ago. How can I check that my home is registered correctly in the name of the previous owner?
The easiest way to see if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Braunstone conveyancing specialists.
The estate agent has sent us the confirmation of our purchase of a new build flat in Braunstone. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below are examples of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Braunstone
-
Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. There must be mutual enforceability of lessee’s covenants. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please provide evidence that the form of Lease proposed has been approved by the Land Registry.
I've recently found out that there is a flying freehold element on a property I have offered on two weeks back in what was supposed to be a straight forward, no chain conveyancing. Braunstone is the location of the property. Is there any guidance you can give?
Flying freeholds in Braunstone are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Braunstone you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Braunstone may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
Is it true that a Braunstone conveyancing practice has court proceedings brought against them by clients for not carrying out the right conveyancing investigations?
We are not aware of such a Braunstone conveyancing matter but according to a recent report, a couple acquiring a property in Cumbria successfully sued their property lawyer due to development plans to construct a wind farm not being identified in conveyancing searches.
If you are purchasing in Braunstone It is critical that your solicitor carry out all Braunstone conveyancing searches required making sure that you have accurate and up to date information ahead of purchasing a property.