When can the exchange of contracts happen for sale conveyancing in Wellesbourne and do I need to be at the solicitors branch?
Where you are near to our conveyancing solicitors in Wellesbourne you are welcome to attend to sign documents. That being said, the lender approved solicitors we recommend offer a nationwide conveyancing service and provide just as diligent and professional a job for you when dealing with you by post or email. The executing of the property agreement is not the point of no return. Signing on the dotted line simply enables the firm to officially exchange at the appropriate time, which is ordinarily shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where an extended "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Wellesbourne)to be in the office available at the end of the phone to exchange contracts.
I am about to put a bid on a leasehold property in Wellesbourne. The estate agents tell me that it is normal for flats in Wellesbourne to have less than 75 years left on the lease. I am getting a mortgage with Platform. Is this going to be a problem if the lease has 69 years left.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing a mortgage then your lender may insist that the lease be extended before competition. Platform have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 6/11/2024 the requirements read as follows :
I am selling our home in Wellesbourne and according to the buyers it appears that there is a risk of it being constructed land that was not decontaminated. Any high street Wellesbourne lawyer would know that there is no such problem. For the life of me I don't know why the buyers instructed a web based conveyancing practice rather than a conveyancing solicitor in Wellesbourne. We have lived in Wellesbourne for 5 years we know of no issue. Do we get in touch with our local Authority to obtain clarification that the buyers are looking for.
It would appear that you have a conveyancing lawyer currently acting for you. What do they say? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same illness)
Are there restrictive covenants that are commonly identified as part of conveyancing in Wellesbourne?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Wellesbourne. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Taking into account that I will soon part with over three hundred thousand on a two bedroom apartment in Wellesbourne I wish to talk to a conveyancer regarding thetransaction in advance of instructing the firm. Can this be arranged?
Absolutely - we would be pleased to talk to you we do not take any clients on without you liaising with the lawyer who will be doing your property ownership legalities in Wellesbourne.There is no ‘factory style conveyancing’ - each client is unique person, not a matter number. The solicitors that we put you in touch with believe that the figure you are quoted for residential conveyancing in Wellesbourne should be the figure that you are charged.
Is there a reason that Wellesbourne conveyancing fees are more expensive for leasehold and freehold properties?
When acquiring a leasehold property there is more work involved purely due to the fact that usually there are further parties involved in the form of the freeholder and/or Management Agents. As part of a lawyers enquiries they will check that all ground rent and service charges are paid up to date amongst other general leasehold matters. For this reason, the Sellers lawyers usually have to refer to the freeholder or Managing Agent for their replies to our questions. This may be time consuming and beyond the lawyers control