I have given 8 weeks notice to my existing landlord and must be out of my rented apartment in Rise Park by the end of next month. Conveyancing for my house purchase has just started. Can I complete in six weeks as I wish to avoid having to find temporary accommodation?
Generally one should not provide notice for your letting until you have exchanged. If you have not previously done so, notify to your solicitor and request that they seek the assistance the owners solicitors, try to get a realistic time scale from them that everyone will look to achieve
We wanted to use a property lawyer in Rise Park for our house move. Our financial adviser has since notified us that our mortgage company Alliance & Leicester won't deal with them. Surely this is unduly restrictive?
A mortgage company may direct that a panel solicitor act for it. You would be expected to meet the charges for this. Please make use of our directory service to select a solicitor to conduct conveyancing in Rise Park on the Alliance & Leicester member panel.
I have been told that property searches are the primary reason for delay in Rise Park conveyancing transactions. Is this right?
The Council of Property Search Organisations (CoPSO) released conclusions of research by MoveWithUs that conveyancing searches do not feature amongst the top 10 causes of hindrances during the legal transfer of property. Searches are unlikely to be the root cause of delay in conveyancing in Rise Park.
The deeds to my house can not be found. The solicitors who dealt with the conveyancing in Rise Park 10 years ago are no longer around. What are my options?
Assuming the title is registered the details of your ownership will be evidenced by HMLR with a Title Number. It is easy to carry out a search at the Land Registry, locate your property and order up to date copies of the property title for less than a fiver. Where the property is Leasehold then the Land Registry will usually hold a file duplicate of the Registered Lease and again, a copy can be ordered for twenty pounds.
How does conveyancing in Rise Park differ for new build properties?
Most buyers of new build or newly converted property in Rise Park come to us having been asked by the seller to sign contracts and commit to the purchase even before the house is finished. This is because developers in Rise Park tend to 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 property lawyers 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 Rise Park or who has acted in the same development.
Whilst your website is a good idea there are many lawyers listed near Rise Park being on the mortgage company conveyancing panel. Can you recommend a specific firm on the bank approved panel?
We do not recommend specific Rise Park firms as the right Rise Park conveyancing solicitor for you depends on where your priorities lie. For example you may require a local firm with Rise Park knowledge or you might be looking for the low cost conveyancing. We recommend that you speak to 3 or 4 lawyers listed before you make your choice..