I was advised today by my IFA that my Olney the law firm I have appointed is not on the bank Solicitor panel. What can I do to be sure whether this is correct?
The first thing you need to do is to call your Olney conveyancer. It is reasonable to expect your lawyer to notify you of the situation. Where they are not on the panel they could put your in touch with solicitors on the conveyancing panel for your bank.
We're in Olney, First timers purchasing with a mortgage (lender is Lloyds , and our solicitor is on the Lloyds conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Lloyds conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancer 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.
Have completed on a a terraced house in Olney , how long will it take for the Land Registry to deal with the formalities evidencing my ownership? My Olney conveyancing solicitor works at snail pace, so I want to be sure that my purchase is recorded.
As far as conveyancing in Olney is concerned, registration is no faster or slower than anywhere else in England and Wales. Rather than based on location, timeframes can adjust depending on who lodges the application, whether it is in order and whether the Land registry communicate with any other persons or bodies. As of today roughly 80% of such applications are fully dealt with within two weeks but some can be subject to extensive hold-ups. Registration occurs once the buyer has moved in to the premises so 'speed' is not usually primary concern but where it is urgent that the the registration takes place urgently then you or your lawyers must contact the land registry and explain the circumstances.
How does conveyancing in Olney differ for newly converted properties?
Most buyers of new build residence in Olney contact us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the property is built. This is because new home sellers in Olney usually acquire the site, 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 used to new build conveyancing in Olney or who has acted in the same development.
I am a sole trader wishing to take an assignment of a lease of a shop on a shopping parade. Can you recommend solicitors offering competitive charges for non-domestic conveyancing in Olney for less than 1500k?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Olney, including the disposal and acquisition of businesses as well as simply premises. If you are looking to buy or lease a shop, pub, restaurant, office, retail premises or a whole business we will find you the right firm. As for the charges this will depend on the structure and complexity of the proposed transaction. Let us have your details or email so as to enable us to provide you with a fixed commercial conveyancing calculation.
My cousin is purchasing a shared ownership flat in Olney. He was given a quote by the property lawyer connected to the estate agents totaling £1156 . It was ten years ago I sold and purchased a house and the bill was £450. Have costs really gone up that much?
We would recommend that you e-mail a few local Olney conveyancing firms seeking estimates. It is advisable to base your decision not just on cost, but on promptness and on how comprehensive the reply is.