As someone unfamiliar with the Lindfield conveyancing process what’s your top tip you can give me concerning the home moving process in Lindfield
Not many law firms or advisers will tell you this but conveyancing in Lindfield or throughout West Sussex is an adversarial process. Put another way, when it comes to conveyancing there exists lots of opportunity for friction between you and other parties involved in the legal transfer of property. For instance, the vendor, property agent and even potentially your lender. Appointing a law firm for your conveyancing in Lindfield should not be taken lightly as your conveyancer is your adviser, and is the ONLY person in the legal process whose role it is to act in your best interests and to protect you.
On occasion a third party with a vested interest may attempt to sway you that you should follow their advice. For example, the selling agent may claim to be assisting by claiming that your conveyancer is wrong. Or your financial adviser may try to convince you to do something that is contrary to your solicitors recommendation. You should always trust your lawyer above all other parties when it comes to the legal transfer of property.
I am close to exchanging contracts on the sale of our home in Lindfield and according to the buyers it appears that there is a risk of it being constructed land that was not decontaminated. Any high street Lindfield lawyer would know that there is no such problem. It does beg the question why the buyers instructed a web based conveyancing outfit as opposed to a conveyancing solicitor in Lindfield. Having lived in Lindfield for 5 years we know that this is a non issue. Should we get in touch with our local Authority to get confirmation that there is no issue.
It would appear that you have a conveyancing firm already. What do they say? You need to 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 sickness)
three months have elapsed following my purchase conveyancing in Lindfield completed. I have checked the Land Registry site 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 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 Lindfield differ for new build properties?
Most buyers of new build residence in Lindfield contact us having been asked by the builder to sign contracts and commit to the purchase even before the premises is finished. This is because developers in Lindfield typically acquire the real estate, 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 conveyancers 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 Lindfield or who has acted in the same development.
Should I instruct a Lindfield conveyancing lawyer based in the vicinity that I am buying? An old friend can execute the conveyancing but they are based approximately 350miles drive away.
The primary upside of using a local Lindfield conveyancing firm is that you can pop in to execute paperwork, present your identification documents and pester them if necessary. Having local Lindfield know how is a bonus. However nothing is more important than finding someone that will pull out all the stops for you. If if people you trust used your friend and the majority were happy that should outweigh using an unknown Lindfield conveyancing lawyer just because they are based in the area.
I dont have enough spare money to pay a 10% deposit on my apartment purchase in Lindfield , but I still want to go ahead. What can I do?
One option is to try and accept a smaller deposit. Most property owners will accept a smaller deposit or even no deposit for a first time buyer or 100% mortgage. Be aware though that if you fail to complete you will still need to hand over a minimum of 10% of the purchase price regardless of how much deposit was agreed.
You can also agree a simultaneous exchange and completion as no deposit is required for this however neither party will be tied in until completion actually takes place and it can be risky if sellers change their mind at the last second