I require conveyancing for a flat in a fairly new development (five years built) in Rayleigh. The vast majority the properties have already been sold. Is it strictly necessary to order local searches for my conveyancing in Rayleigh?
You would be putting yourself at risk in failing carrying out Rayleigh conveyancing searches. Without searches you have no clarity over flooding, environmental etc which may mean you walk away due to potential problems down the line. If you are buying mortgage free there is no legal requirement to have them, but we would absolutely advise in the strongest possible terms that your solicitor conducts them. If timings and expenses are top of your concerns you should consider with your conveyancer about the options such as indemnity insurance available to you
There are a variety of conveyancing solicitors in Rayleigh but how do I know who I should use?
Do not opt for the cheapest Rayleigh conveyancing quote. You really do get what you pay for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
My wife and I have organised a further advance on our mortgage from RBS as we wish to conduct alterations to our home in Rayleigh. Do we need to appoint a high street Rayleigh solicitor on the RBS conveyancing panel to deal with the paperwork?
RBS would not normally appoint firms on their conveyancing panel to deal with the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the RBS conveyancing panel.
I have paid off my mortgage with Yorkshire BS. I assume I don't need a Rayleigh lawyer on the Yorkshire BS panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your Yorkshire BS mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Yorkshire BS mortgage from the register. Yorkshire BS, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Yorkshire BS has sent the Land Registry the discharge electronically, and
- Yorkshire BS has instructed the Land Registry to do so
I require fast conveyancing in Rayleigh as I have a deadline to exchange contracts inside one month. Thankfully I do not require a mortgage. Is it possible to escape the need for conveyancing searches to save money and time?
As you are are a mortgage free buyer you have the choice not to do searches although no conveyancer would recommend that you don't. With lots of history conveyancing in Rayleigh the following are instances of issues that can appear and therefore affect future saleability: Enforcement Actions, Overdue Charges, Outstanding Grants, Road Schemes,...
3 months have elapsed since my purchase conveyancing in Rayleigh concluded. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £160,000. 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 premises 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.
I need to retain a conveyancing solicitor for remortgage conveyancing in Rayleigh. I've stumble upon a web site which looks to be the perfect offering If there is a chance to get all this stuff completed via web that would be ideal. Should I be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
At last I have had an offer on an apartment in Rayleigh accepted, but there is a chain. The current proprietors have offered on a property, although it’s not yet agreed to, and are looking at other apartments in the pipeline. I have instructed a local conveyancing solicitor in Rayleigh. What do I do now? When should I get the mortgage application with Bank of Ireland going with Bank of Ireland?
It is usual to have concerns where there is a chain as you are unlikely to want to incur costs too early (home loan application is approx one thousand pounds, then survey, Rayleigh conveyancing search costs, etc). The first thing to do is check that your conveyancer is on the Bank of Ireland approved list. Concerning the subsequent steps this very much dictated by the specifics of your case, desire for this property and on the state of the market. During a buoyant market some purchasers will apply for the mortgage with Bank of Ireland and pay for the survey and only if it comes back ok would they pay their conveyancing practitioner to move forward with searches.