At what point can the exchange of contracts take place for residential conveyancing in Guiseley and do I need to attend the conveyancers branch?
If you are near to one of the conveyancing solicitors in Guiseley you are invited in to sign the paperwork. That being said, the law practices we recommend offer a nationwide conveyancing service and give just as diligent and professional a job for you when dealing with you by post or email. The executing of the contract is not when everything is set in stone. A signed contract is necessary for the conveyancer to officially exchange when the time is right, which is ordinarily 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 Guiseley)to be in the office available at the end of the phone to exchange contracts.
Are the BSA planning on creating a search tool with a view to to identify practices on the Loughborough BS conveyancing panel for example in Guiseley?
We have not been informed any plans on the part of the BSA to promote such a register.
I am intent on selling our property in Guiseley and the buyers lawyers are claiming that there is a risk of it being built land that was not decontaminated. Any high street Guiseley conveyancer would know this is not the case. For the life of me I don't know why the buyers are using a web based conveyancing outfit as opposed to a conveyancing solicitor in Guiseley. Having lived in Guiseley for three years we know that this is a non issue. Do we contact our local Authority to obtain clarification that there is no issue.
It would appear that you have a conveyancing solicitor already. What do they say? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
How does conveyancing in Guiseley differ for new build properties?
Most buyers of new build premises in Guiseley contact us having been asked by the developer to exchange contracts and commit to the purchase even before the property is built. This is because new home sellers in Guiseley usually 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 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 accustomed to new build conveyancing in Guiseley or who has acted in the same development.
Yesterday I discovered that there is a flying freehold issue on a house I have offered on a fortnight ago in what was supposed to be a simple, no chain conveyancing. Guiseley is the location of the property. Is there any guidance you can impart?
Flying freeholds in Guiseley are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Guiseley you would need to get your solicitor to go through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Guiseley may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
Should I cancel the direct debit for my mortgage with Virgin Money as soon as a completion date for my home sale in Guiseley has been agreed?
No, you must continue meeting any mortgage sums to Virgin Money pending the mortgage being repaid on completion as part of your Guiseley conveyancing.