Willappointing a Corby conveyancing practitioner make the ownership transfer easier?
Generally conveyancing solicitors in your area will enjoy strong alliances with your local authority, which can assist with the Corby conveyancing searches that your lawyer will require. It can only be a plus if they have good rapport with the Local Land Registry Office your area Corby, other property lawyers in the location and Corby selling agents.
As a first time buyer what is the most important advice you can impart regarding purchase conveyancing in Corby?
Not many law firms or advisers will tell you this but conveyancing in Corby and elsewhere in Northamptonshire is an adversarial process. Put another way, when it comes to conveyancing there is plenty of room for confrontation between you and others involved in the ownership transfer. For example, the vendor, estate agent and even potentially the lender. Appointing a lawyer for your conveyancing in Corby an important selection as your conveyancer is your adviser, and is the SOLE person in the process whose interest is to protect your best interests and to protect you.
There is a distinct ongoing adversarial element to conveyancing- someone has to be at fault for the process being so protracted. You should always trust your lawyer ahead of all other parties when it comes to the legal transfer of property.
A colleague advised me that where I am buying in Corby I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is usually quoted for as part of the standard Corby conveyancing searches. It is a large document of about 40 pages, listing and detailing important information about Corby around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Corby Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Corby Education with plans and statistics, Local Amenities and other useful information regarding Corby.
Just acquired a terraced house in Corby , how long should it take for the Land Registry to register the transfer to my name? My Corby conveyancing solicitor works at snail pace, so I want to be certain the post completion formalities are dealt with.
There is nothing unique when it comes to conveyancing in Corby registration formalities. As opposed to being determined by geographic area, timescales can differ according to who lodges the application, whether there are errors and if the Land registry communicate with any 3rd parties. At present in the region of 80% of such applications are completed within 12 days but occasionally there can be protracted hold-ups. Historically registration takes place after the new owner has moved in to the property thus registration formalities is not always primary concern yet where it is urgent that the the registration takes place urgently then you or your solicitor can contact the land registry and explain the circumstances.
How does conveyancing in Corby differ for new build properties?
Most buyers of new build residence in Corby come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the premises is ready to move into. This is because builders in Corby tend to acquire the real estate, 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 Corby or who has acted in the same development.
I have been pointed in your direction by a number of selling agents in Corby to select a property lawyer on your site. Is there a financial advantage for Estate Agents to promote your site ahead of a competitor’s?
We don’t give any referral fee for directing people our way. We found it would be just too difficult a fee as members of the public would think, ‘Why is the agent getting a kickback? Why aren’t I getting any benefit too?’ So we decided to step away from that.