When does exchange of contracts take place for residential conveyancing in Markfield and am I required to be at the lawyers branch?
Where you are in close proximity to our conveyancing solicitors in Markfield you are welcome to attend to sign contracts. However, the law practices we recommend offer a nationwide conveyancing service and give just as detailed and professional a job for you when communicating with you digitally. The executing of the contract is not the point of no return. Signing on the dotted line simply enables the conveyancer to exchange contracts at the suitable time, which will usually be very shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where an extended "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Markfield)to be in the office at the appropriate time.
Various online forums that I have frequented warn that are a common cause of delay in Markfield conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) released conclusions of research by MoveWithUs that conveyancing searches do not figure within the common causes of delays during the legal transfer of property. Searches are not likely to feature in any holding up conveyancing in Markfield.
I acquired my house on 5 January and the transaction details is yet to be on the land registry website. Need I be worried? My conveyancing solicitor in Markfield expressed confidence that it would be recorded in less than a month. Are properties in Markfield uniquely lengthy to register?
As far as conveyancing in Markfield is concerned, registration is no quicker or slower than the rest of the country. Rather than based on location, timeframes can differ according to who lodges the application, whether there are errors and whether the Land registry communicate with any other parties. As of today roughly 80% of submission are fully dealt with in less than three weeks but some can be subject to extensive delays. Historically registration occurs once the purchaser has moved in to the premises therefore registration formalities is not typically an essential issue yet if there is a degree of urgency associated with the registration then you or your solicitor can speak with the land registry and explain the circumstances.
Due to the advice of my in-laws I had a survey completed on a house in Markfield prior to instructing conveyancers. I have been told that there is a flying freehold overhang to the house. The surveyor has said that some banks may not give a mortgage on such a premises.
It varies from the lender to lender. Bank of Scotland has different requirements from Halifax. Should you wish to call us we can look into this further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Markfield. Conveyancing may be slightly more expensive based on your lender's requirements.
How easy is it to change solicitor as I have to choose a firm on the TSB conveyancing list. I instructed a local conveyancing solicitor in Markfield round the corner but he is not approved by TSB
We will our best to assist in finding you a conveyancing solicitor in Markfield on the TSB panel. Please note that the conveyancers that we on the directory do not pay us a referral fee if you instruct them and are registered with the SRA who regulate all conveyancing solicitors in Markfield. Using search facility on this site, you can scrutinise fees for conveyancing solicitors in Markfield and beyond.
We're novice buyers - agreed a price, yet the estate agent advised that the seller will only issue a contract if we instruct their chosen solicitors as they need an ‘expedited deal’. My instinct tells me that we should use a family solicitor accustomed to conveyancing in Markfield
We suspect that the owner is unaware of this request. Should the seller require ‘a quick sale', taking such a hostile approach to a serious buyer is not the way to achieve this. Try to communicate with the vendors directly and explain that (a)you are keen to buy (b)you are ready to go, with mortgage lined up © you are unencumbered (d) you wish to move quickly (e)but you will continue to appoint your preferred Markfield conveyancing firm - not the ones that will provide their negotiator at the agency a referral fee or meet his conveyancing targets demanded by head office.