Do the conveyancing lawyers listed on your site execute attended exchange conveyancing in Freshwater?
We do have a number of conveyancing specialists who can conduct 24hr exchanges. Please e-mail us to obtain a conveyancing quote and details as to availability.
Is there a reason why leasehold purchase conveyancing in Freshwater is more expensive?
In short, leasehold conveyancing in Freshwater and Isle Of Wight usually warrants extra due diligence compared to freehold conveyancing. This includes reviewing the lease, liaising with the landlord concerning the service of applicable notices, procuring current service charge and management information, obtaining the landlord’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – no matter how many different owners have owned the lease since it was first granted.
We are purchasing a property in Freshwater. I might seem paranoid but how we can trust a solicitor? On completion day we have to deposit money into their account. What protection do we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
Have just purchased a probate house at auction in Freshwater. Conveyancing is necessary. What is next?
Given that you are now exchanged you must choose a conveyancing solicitor quickly as you now have a tight deadline in which to complete the conveyancing. An auction property should have a corresponding auction set of papers. This should include most,if not all of the documents that your solicitor will need. In the case of leasehold premises the conveyancing papers should include a copy of the lease, management information and a sellers leasehold information form and associated conveyancing documentation pertinent to leasehold premises. You need to hand this to the solicitor working for you as soon as possible. Do make sure that you have funds in order to complete on the on the contractual date .
When it comes to mortgage companies such as Leeds Building Society, do Freshwater solicitors have to pay a yearly amount to be on the conveyancing panel?
We are not aware of any mortgage company fees to be on their list of approved firms, although some do levy an administration fee to deal with the processing of the conveyancing panel application.
Just had an offer accepted on a new build apartment in Freshwater. Conveyancing is necessary evil 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.
Here is a sample of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Freshwater
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Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Please confirm the Lease plans are architect prepared. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.
I have been advised by a few selling agents in Freshwater to find a property lawyer using your seach tool. What’s the financial upside for Estate Agents to recommend your services over another?
We don’t offer any commission for sending work our way. We found it would be just too difficult a fee because a client could think, ‘Why is the agent getting a kickback? Why aren’t I receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
Are you able to explain what my options are if my Freshwater conveyancing searches reveals detrimental results?
Ordinarily, the majority of adverse entries revealed in Freshwater conveyancing search results can be handled ahead of completion or indemnity insurance can be obtained. You should remember that even though you may be acquiring the property and may be willing to live with the search results, your building society or bank may not, and ultimately have the final decision.