I am acquiring a house without a mortgage in Crawley. I have resided for the last dozen years in Crawley. Conveyancing searches are exorbitant. Given that I know the road and vicinity very well should I not bother getting the solicitor to do all the conveyancing searches?
If you not getting a mortgage, then the vast majority of the Crawley conveyancing searches are non-obligatory. Your lawyer will 'advise', no-doubt strongly, that you should have searches completed, but she is duty bound to take that path of advice. Do bear in mind; if you are going to sell the house one day, it will likely be be of relevance to your prospective purchaser what the searches disclose. Sometimes premises with no practical issues can still reveal unexpected search results. A competent conveyancing solicitor in Crawley will provide you some practical guidance concerning this.
2 months have gone by following my purchase conveyancing in Crawley concluded. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does conveyancing in Crawley differ for new build properties?
Most buyers of new build premises in Crawley contact us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the residence is built. This is because developers in Crawley usually 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 Crawley or who has acted in the same development.
Should I be wary about third parties that I am dealing with are recommending an internet conveyancing firm as opposed to a High Street Crawley conveyancing company?
As with many professional services, often suggestions from family and friends can be worth their weight in gold. Nevertheless there are many people with a vested interest in a conveyancing deal; estate agents, mortgage brokers and lenders may recommend solicitors to retain. On occasion the conveyancers might be known to one of the organisations as experts in their field, but sometimes there is an underlying financial incentive behind the endorsement. You have the discretion to appoint your own lawyer. You need to be aware that some mortgage providers have an approved list of law firms you are obliged to use for the mortgage aspect of your conveyancing.
I need to instruct a conveyancing solicitor for leasehold conveyancing in Crawley. I have stumble across a web site which looks to be the perfect solution If there is a chance to get all the legals completed via phone that would be preferable. Do I need to be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
Why do Crawley conveyancing fees are more expensive for leasehold and freehold properties?
Leasehold conveyancing in Crawley will often involve additional due diligence for instance reviewing the lease, corresponding with the landlord, obtaining up to date rent receipts, landlord’s consents, management company’s accounts etc.