I am looking for value for money conveyancer. Should I go for for a nationwide conveyancer or a high street Great Baddow conveyancing lawyer?
Existing third party relationships are another important factor to consider when appointing conveyancing solicitors. Great Baddow law firms benefit from long term relationships with mortgage brokers and agents, local authorities, valuers and other law firms meaning you will move in shortest possible time. Possessing a sound knowledge of the local area is also a plus .
It has been four months following my purchase conveyancing in Great Baddow took place. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £215,000. 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 premises 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 Great Baddow differ for new build properties?
Most buyers of new build residence in Great Baddow come to us having been asked by the seller to sign contracts and commit to the purchase even before the residence is completed. This is because builders in Great Baddow tend to purchase 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 conveyancing solicitors 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 Great Baddow or who has acted in the same development.
Do I need to be suspicious by third parties that I am dealing with are suggesting a web based conveyancing firm as opposed to a High Street Great Baddow conveyancing company?
As with many service providers, often referrals from connections can be most helpful. Nevertheless there are lots of players in a conveyancing transaction; estate agents, financial adviser and lenders might all put forward solicitors to instruct. On occasion these conveyancers might be known to one of the organisations as being good in their field, but occasionally there exists a financial incentive behind the endorsement. You have the discretion to select your preferred lawyer. However, bear in mind that the majority of mortgage providers specify a panel list of law firms you are obliged to use for the lender related work in your home move.
I’m about to sell my 2 bed flat in Great Baddow. Conveyancing lawyers have not yet been instructed, but I have recently had a half-yearly maintenance charge demand – what should I do?
Your conveyancing lawyer is likely to suggest that you should clear the service charge as normal as all ground rent and service payments will be allotted as part of the financial calculations for completion monies, so you will be reimbursed by the buyer for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
Great Baddow Conveyancing for Leasehold Flats - A selection of Queries Prior to buying
-
You should be aware that where the lease has no more than eighty years it will impact the salability of the flat. Check with your mortgage company that they are happy with residual term of the lease. Leases with less than 80 years remaining means that you will almost definitely have to extend the lease sooner rather than later and it is worth discovering what this would cost. For most Great Baddowlease extensions you will need to own the residence for two years before you are eligible to exercise a lease extension. Who are the managing agents?
A licensed conveyancer acted on my conveyancing in Great Baddow half a dozen years past and was holding my deeds but has since been shut down – how do I retreive them?
Deeds, as such, no longer exist as most homes in Great Baddow are archived digitally at Land Registry. Should you need to establish evidence of proprietorship or are disposing of or re-mortgaging your solicitor will need to obtain up to date copies of the register from the Land Registry in any case.
If you feel there may be other documents or you have any other queries please e-mail your request with details of the transaction and documents you need to filerequest@clc-uk.org. The CLC will let you know what information they have and any additional information they may need before they are in a position to identify and send the documents to you. Following an intervention it may take some time for the CLC to access archived files and documents, but your request will be actioned as quickly as possible.