I am in a contract race with another buyer for a property in Long Ashton. What can I do to speed up matters?
In a situation where the seller is applying pressure to complete we would recommend that your conveyancer is familiar with the location as they will make use of local contacts and intelligence. It is even conceivable that they would have transacted otherproperties in the same street. Therefore consider using a Long Ashton conveyancing firm. Second, be sure that the conveyancing firm is on the on the approved list for your mortgage company. It is claimed that just under twenty per cent of Long Ashton conveyancing transactions are delayed or jeopardised after discovering a buyer’s solicitor was not on their banks member panel. In many cases this discovery resulted in the home move being held up by as much as three weeks. It is estimated that this issue affects in the region of 100,000 home sales every year. Almost all Long Ashton conveyancing firms can not act for certain banks so do check at the outset.
Do I have to attend the offices of the solicitor to execute the legal charge? If so, I will instruct a firm who offer conveyancing in Long Ashton so that I can pop in to their offices if necessary.
Nowadays approved lawyers for lenders conduct all of the work through Royal Mail, internet or over phone calls. This means that they can undertake the conveyancing transaction regardless of where you live in England or Wales. That being said you can check if you can still book an appointment to visit conveyancing lawyer if needed.
I require expedited conveyancing in Long Ashton as I am faced with a deadline to sign on the dotted line in less than 4 weeks. Luckily I do not require a mortgage. Can I avoid the conveyancing searches to save money and time?
If.Given you are are a mortgage free purchaser you have the choice not to do searches although no conveyancer would advise that you don't. Drawing on our experience of conveyancing in Long Ashton the following are examples of issues that can be revealed and adversely impact future mortgageability: Enforcement Actions, Overdue Charges, Outstanding Grants, Road Schemes,...
Are there restrictive covenants that are commonly picked up as part of conveyancing in Long Ashton?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Long Ashton. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I have been on the look out for a flat up to £245,000 and found one near me in Long Ashton I like with open areas and railway links in the vicinity, the downside is that it's only got 52 remaining years left on the lease. I can't really find anything else in Long Ashton in this price bracket, so just wondered if I would be making a mistake buying a lease with such few years left?
If you require a home loan the shortness of the lease will likely be an issue. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the current owner has owned the premises for a minimum of twenty four months you may ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should consult your conveyancing lawyer concerning this matter.
I'm converting the mortgage on my current home to a BTL loan with Barclays Direct and intend to use the remaining equity as a down payment on another property. The location we are talking about is Long Ashton. Will your lawyers be able to act for both sets of lenders and tie in the conveyances?
Make use of our search tool on this site to check that the lawyers are approved by both banks. Having checked that they are your lawyer will be able to connect the two conveyancing matters but you should have a chat with you lawyer and make apparent your expectations and requirements.