I went with a Queenborough based lawyer for my conveyancing in Queenborough recently. After carefully reading the Ts and Cs I seewe are responsible for fees even if the sale aborts. Should I ditch them and choose an on-line firm promoting no completion no cost conveyancing in Queenborough?
Generally there is a compromise along the lines that if "No Completion No Fee" is available then the fee levels will generally be higher to counteract the conveyances that do not go ahead. Dont forget that these offerings generally do not cover outlay e.g. Queenborough conveyancing search charges.
When will exchange of contracts take place for sale conveyancing in Queenborough and am I required to attend the lawyers branch?
Where you are in close proximity to our conveyancing solicitors in Queenborough you are welcome to come in to sign the paperwork. However, the lender approved solicitors we recommend offer countrywide coverage for conveyancing and provide just as comprehensive 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 firm to officially exchange at the appropriate 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 a long "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Queenborough)to be in the office at the appropriate time.
My aunt passed away 10 months ago and as sole heir and executor I was left the house in Queenborough. The house had a relatively small loan remaining of approximately £5k. I want to transfer the title deeds into my name whilst I re-mortgage to Principality, pay off the mortgage. Is this allowed?
Where you intend to re-mortgage then Principality will insist on your using a conveyancer on the Principality conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Principality conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Principality mortgage is registered as a charge at the Land Registry.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Queenborough?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Queenborough. 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…’
How does conveyancing in Queenborough differ for new build properties?
Most buyers of new build residence in Queenborough come to us having been asked by the seller to sign contracts and commit to the purchase even before the house is completed. This is because builders in Queenborough usually buy the land, 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 Queenborough or who has acted in the same development.
I'm converting the mortgage on my current house to a buy to let mortgage with Birmingham Midshires and I will use the ballance of the raised equity as a down payment on further house. The area we are talking about is Queenborough. Will your solicitors be able to act for the two lenders and tie in the two deals?
Do use our search tool on this page to be sure that the lawyers are approved by both mortgage companies. Having checked that they are the conveyancer should be able to tie up the two conveyancing matters but you should have a chat with you conveyancer and make apparent your expectations and needs.