We're in Verwood, First timers purchasing with a mortgage (lender is RBS , and our lawyer is on the RBS conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the RBS conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancing practitioner should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
Should commercial conveyancing searches disclose impending roadworks that may affect a commercial estate in Verwood?
Its becoming the norm that commercial conveyancing solicitors in Verwood will conduct a SiteSolutions Highways report as it reduces the time that conveyancers expend in sourcing accurate data on highways that impact buildings and development assets in Verwood. The report sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Verwood.
For each commercial conveyancing transaction in Verwood it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately may result in delays to Verwood commercial conveyancing transactions as well as present a risk to future intentions for the site. These searches are not carried out for residential conveyancing in Verwood.
2 months have gone by following my purchase conveyancing in Verwood took place. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £170,000. 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 residence 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've recently found out that there is a flying freehold issue on a property I put an offer in two weeks back in what was supposed to be a straight forward, no chain conveyancing. Verwood is the location of the property. Can you shed any light on this issue?
Flying freeholds in Verwood are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Verwood you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Verwood 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.
I am selling my property. My previous solicitors has retired. I am in need of a recommendation of a conveyancing firm. I happen to live in Verwood if that makes a difference.
Please use our search tool to help you choose a solicitor for your conveyancing in Verwood. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs with a minimum of fuss.
It has taken forever and a day but a loan offer from a bank for the remortgage of my 2 bedroom apartment is due by the end of next week. Can you recommend a low cost remortgage conveyancing practitioner in Verwood ?
This site is not designed to help in pursuit of the lowest fares for conveyancing solicitors in Verwood. Our intention is to offer value for money conveyancing but we do not aim to work with the cheapest lawyers. Avoid the trap of appointing companies offering £99 conveyancing in Verwood.At best, in opting for cheap conveyancing, you will get what you pay for and at worst you will end up paying a lot in extras and still not receive the service expected.