I am under pressure from the executor of a property in The Park to sign contracts within four weeks. What can I do to speed up matters?
Where you are under time constraints for your conveyancing it is highly recommended that your solicitor is familiar with the location as they will have local connections and intelligence. It is even conceivable that they could have transacted previoushomes in the same road. You would be best advised to use a The Park conveyancing solicitor. In addition, make sure that the conveyancing firm is on the lender panel. It is believed that just under twenty per cent of The Park conveyancing deals are delayed or jeopardised after finding out that a buyer’s lawyer was not on their mortgage lender’s list of approved solicitors. This can often result in the legal process being held up by as much as 21 days. It is estimated that this issue impacts in the region of 100,000 home moves annually. Many The Park conveyancing practices can not represent certain lenders so do check at the outset.
I need some fast conveyancing in The Park as I am under an ultimatum to sign on the dotted line within one month. A home loan is not required. Can I decline from having conveyancing searches to save money and time?
If.Given you are not obtaining a mortgage you are at free not to have searches conducted although no solicitor would recommend that you don't. Drawing on years of experience of conveyancing in The Park the following are instances of issues that can crop up and adversely affect the marketability of the property: Enforcement Actions, Overdue Charges, Overdue Grants, Railway Schemes,...
Me and my brother purchased a semi-detached Georgian property in The Park. Conveyancing lawyer acted for me and Nottingham Building Society. I did a free Land Registry search last week and I saw a couple of entries: one for freehold, the second leasehold under the matching address. I'd like to know for sure, how can I find out??
You should read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in The Park and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with buyers. You can also enquire as to the position with the conveyancing solicitor who completed the work.
I've recently found out that there is a flying freehold element on a property I have offered on last month in what should have been a quick, chain free conveyancing. The Park is the location of the property. What do you suggest?
Flying freeholds in The Park are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside The Park you would need to get your solicitor to go through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in The Park may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
My husband and I are FTB’s - agreed a price, but the estate agent informed us that the vendor will only proceed if we appoint their recommended lawyers as they are insisting on an ‘expedited deal’. Our preferred option is to instruct a local solicitor used to conveyancing in The Park
We suspect that the seller is unaware of this demand. If they desire ‘a quick sale', alienating a motivated buyer is is going to put the whole deal at risk. Avoid the agents and go straight to the sellers and make sure they understand (a)you are keen to buy (b)you are ready to progress, with mortgage lined up © you are unencumbered (d) you wish to move quickly (e)but you intend to use your own,trusted The Park conveyancing lawyers - not the ones that will provide the estate agent a commission or hit his conveyancing targets set by HQ.
We are seeking to purchase a repossessed flat in The Park and the mortgagee in possession demand completion within a month. Do conveyancers complete in this timeframe? Am I best advised to select a high street The Park firm or an online conveyancer that advertises to offer speedy conveyancing?
Visit your The Park high street. Pop in to a couple of firms and request to see a conveyancing solicitor for an estimate. Discuss your needs and seek a commitment on speed. Appoint the firm that comes across as most genuine. You need to use a conveyancer on the panel of lawyers approved by your bank.