It is a dozen years since I purchased my house in Quedgeley. Conveyancing lawyers have now been instructed on the sale but I am unable to track down my deeds. Will this jeopardise the sale?
Don’t worry too much. First there is a possibility that the deeds will be with your lender or they may still be with the conveyancers who oversaw your purchase. Secondly in all probability the land will be registered at the land registry and you will be able to establish that you own the property by your conveyancing solicitors obtaining up to date copy of the land registers. Almost all conveyancing in Quedgeley involves registered property but in the rare situation where your home is not registered it adds to the complexity but is resolvable.
We are purchasing a apartment in Quedgeley. I might seem paranoid but how we can trust a conveyancer? At some point we have to deposit our life savings into their account. What is the protection we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
Can I be sure that the Quedgeley conveyancing solicitor on the Co-operative panel is any good?
When it comes to conveyancing in Quedgeley obtaining recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always advise that you speak with the solicitor handling your conveyancing.
At last I have had an offer on a maisonette in Quedgeley agreed to, but there is a chain. The owners have put an offer on a property, but it’s not yet tied up, and are looking at other apartments booked. I have instructed a local conveyancing solicitor in Quedgeley. What do I do now? When do I get the mortgage application with Lloyds started?
It is usual to have concerns where there is a chain as you are unlikely to want to be too out of pocket prematurely (mortgage application is in the region of one thousand pounds, then valuation, Quedgeley conveyancing search fees, etc). First, you should ensure that your solicitor is on the Lloyds conveyancing panel. Concerning the subsequent stages this very much depends on the circumstances of your transaction, desire for this property and on the state of the market. In a rising market the majority of buyers will apply for a home loan with Lloyds and pay for the valuation and only if it was satisfactory would they pay their conveyancer to press on with searches.
4 months have gone by following my purchase conveyancing in Quedgeley completed. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £215,000. 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 property 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 Quedgeley differ for newly converted properties?
Most buyers of new build residence in Quedgeley come to us having been asked by the seller to sign contracts and commit to the purchase even before the property is built. This is because house builders in Quedgeley usually 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 Quedgeley or who has acted in the same development.
We're novice buyers - had an offer accepted, yet the property agent told us that the vendor will only proceed if we use the agent's chosen lawyers as they want an ‘expedited deal’. My instinct tells me that we should use a local solicitor who is familiar with conveyancing in Quedgeley
It is improbable the owners are driving this. If they require ‘a quick sale', turning down a serious buyer is going to damage their objectives. Bypass the agents and go straight to the owners and make sure they understand (a)you are motivated purchasers (b)you are ready to go, with mortgage lined up © you are chain free (d) you intend to proceed fast (e)but you intend to use your preferred Quedgeley conveyancing firm - rather thanthose that will earn the negotiator at the agency a kickback or meet his conveyancing figures demanded by senior management.
At what stage do I pay the Stamp Duty Land Tax payable for my house transaction in Quedgeley?
Most conveyancers tend to fill out a stamp duty return on your behalf during your Quedgeley conveyancing transaction for you to sign. After completion your conveyancing practitioner will submit the Land Transaction Return Form to the Inland Revenue and - as long as they have the funds - discharge any land tax due on your behalf.