Why do I have to pay up front when it comes to conveyancing in Lytchett Matravers?
If you are buying a property in Lytchett Matravers your lawyer will ask you put them with monies to cover the the cost of the conveyancing searches. Normally this is called for to cover the fees of the Local Authority Search. When the down payment is payable against the total price then this should be required shortly in advance of contracts are exchanged. Any further balance that is due should be transferred a few days prior to the day of completion.
We're in Lytchett Matravers, First time buyers buying with a mortgage (lender is Skipton , and our lawyer is on the Skipton conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Skipton conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
Me and my brother have a 4 bedroom Edwardian property in Lytchett Matravers. Conveyancing lawyer represented me and Halifax. I did a free Land Registry search last week and there are a couple of entries: one for freehold, the second leasehold under the matching property. I'd like to know for sure, how can I find out??
You need to assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Lytchett Matravers and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also check the situation with your conveyancing practitioner who carried out the work.
How does conveyancing in Lytchett Matravers differ for new build properties?
Most buyers of new build residence in Lytchett Matravers come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the property is constructed. This is because house builders in Lytchett Matravers typically purchase 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 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 Lytchett Matravers or who has acted in the same development.
I have been recommended by a number of estate agents in Lytchett Matravers to find a conveyancer using your seach tool. Is there a financial inducement for Estate Agents to promote your site over alternative conveyancing organisations?
We refuse to give any referral fee for sending work to this site. We found it would be just too difficult to pay a commission as a client could think, ‘Why is the agent getting a kickback? Why am I not receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
My brother has suggested that I use his lawyers for conveyancing in Lytchett Matravers. Do I take his recommendation?
No doubt the best way to find a conveyancing lawyer is to get feedback from friends or family who have actually used the firm that you are are thinking of instructing.