When will exchange of contracts happen for residential conveyancing in Fratton and Portsea and do I need to be at the lawyers office?
If you are in close proximity to one of the conveyancing solicitors in Fratton and Portsea you are welcome to attend to sign contracts. That being said, the lender approved solicitors we work with supply countrywide coverage for conveyancing and provide as equally comprehensive and professional a job for you when dealing with you digitally. The executing of the contract is not the point of no return. A signed contract is just a prerequisite for the solicitor to exchange contracts at the appropriate time, which will usually be very shortly after signing. The procedure is nowadays normally dealt with by telephone and can be very rapid, although where an extended "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Fratton and Portsea)to be in the office available at the end of the phone to exchange contracts.
Is it necessary during the course of the conveyancing process to visit the offices of the solicitor to execute the mortgage deed? If so, I will choose one who does conveyancing in Fratton and Portsea so that I can pop in to their offices if necessary.
These days approved lawyers for mortgage companies undertake their communications via Royal Mail, e-mail or over phone calls. This enables them to conduct the conveyancing transaction no matter where you live in the country. Nevertheless you should check if you can still book an appointment to visit conveyancing lawyer if needed.
I have been told that property searches are the main cause of stalling in Fratton and Portsea house deals. Is this right?
The Council of Property Search Organisations (CoPSO) has noted the findings of research by MoveWithUs that conveyancing searches do not figure within the common causes of delays in the conveyancing process. Searches are not likely to be the root cause of delay in conveyancing in Fratton and Portsea.
My wife and I purchased a renovated Georgian house in Fratton and Portsea. Conveyancing practitioner acted for me and HSBC Bank. I did a free Land Registry search last week and there are two entries: one for freehold, the second leasehold with the exact same address. I'd like to know for sure, how can I find out??
You need to read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Fratton and Portsea and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with buyers. You can also check the position with your conveyancing practitioner who conducted the conveyancing.
Due to the advice of my in-laws I had a survey completed on a property in Fratton and Portsea prior to appointing conveyancers. I have been informed that there is a flying freehold overhang to the house. The surveyor advised that some mortgage companies may refuse to give a loan on this type of property.
It varies from the lender to lender. HSBC has different instructions from Birmingham Midshires. Should you wish to call us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Fratton and Portsea. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Fratton and Portsea to see if the conveyancing costs will increase in light of this.
I am looking into buying my first house which is in Fratton and Portsea and I am already nervous. I couldn't find anything specific about Fratton and Portsea. Conveyancing will be needed in due course but do you know about the Fratton and Portsea area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Fratton and Portsea. In the meantime here are some basic statistics that we found