IfI were to buy a straightforward housein Thatcham for cash and have no survey and no local authority searches how much could I expect to to save on my conveyancing in Thatcham?
The sole saving you would achieve is the costs for searches. Your conveyancing practitioner is required to do the vast majority of work - money laundering, liaising with the vendors conveyancer, SDLT return, register the ownership etc. A marginal saving might be made by not needing to register a mortgage however it won't be a lot.
How does conveyancing in Thatcham differ for newly converted properties?
Most buyers of new build property in Thatcham approach us having been asked by the builder to exchange contracts and commit to the purchase even before the house is completed. This is because builders in Thatcham tend to buy 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 Thatcham or who has acted in the same development.
I am looking for a flat up to £235,500 and identified one near me in Thatcham I like with amenity areas and railway links nearby, the downside is that it's only got 49 remaining years left on the lease. I can't really find anything else in Thatcham for this price, so just wondered if I would be making a grave error buying a short lease?
If you need a home loan the shortness of the lease will likely be problematic. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for a minimum of 2 years you may request that they start the process of the extension and pass it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should consult your conveyancing lawyer regarding this.
Are there any apps to assist me to locate a Thatcham solicitor on the Chelsea Building Society conveyancing panel? I have a car and am happy to travel upto 20miles to meet the conveyancer.
You can use the tool on this website. Please pick a bank and your location and you will see a number of Thatcham conveyancing lawyers based on proximity. We have detailed some Thatcham conveyancing firms at the bottom of this page and you can contact them to check if they are on the Chelsea Building Society member panel
In sourcing the web for the words on line conveyancing in Thatcham it reveals many property lawyerslocally. With so much choice what is the best way to find the suitable conveyancer for me?
The preferential method of finding a suitable conveyancer is via personal recommendation, so enquire of colleagues and those you trust who have acquired a property in Thatcham or a reputable estate agent or financial adviser. Costs for conveyancing in Thatcham differ, so it's sensible to secure a minimum of four costs illustrations from varying types of solicitors. Dont forget to clarify that the fees are fixed.
My wife and I have recently appointed a conveyancing solicitor in Thatcham. I I would like to check if they are on the bank's approved list of lawyers. Could you or the lender confirm if they are on the panel?
One option is to call your solicitor to check if they are on the lender's panel. If that does not help call us and we can investigate and revert. Should the firm not be on the lender panel we we can help find a reputable conveyancing solicitor in Thatcham on the approved list for your lender.