We're in Wolstanton, First time buyers buying with a mortgage (lender is Clydesdale , and our lawyer is on the Clydesdale conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Clydesdale conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no property lawyer 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.
Is it necessary to take out insurance to cover chancel repairs when purchasing a house in Wolstanton?
Unless a prior purchase of the house took place post 12 October 2013 you could take it that conveyancing practitioners carrying out conveyancing in Wolstanton to remain recommending a chancel search and or insurance against a claim.
four months have gone by since my purchase conveyancing in Wolstanton concluded. I have checked the Land Registry website which shows that I paid £200,000 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 premises 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.
Just had an offer accepted on a new build flat in Wolstanton. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here is a sample of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Wolstanton
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Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Please confirm the Lease plans are architect prepared. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Forfeiture - bankruptcy or liquidation must not apply under this provision. Please provide evidence that the form of Lease proposed has been approved by the Land Registry.
Due to the advice of my in-laws I had a survey completed on a property in Wolstanton before instructing conveyancers. I have been informed that there is a flying freehold overhang to the property. My surveyor has said that some lenders will refuse to grant a loan on this type of premises.
It depends who your proposed lender is. Santander has different requirements from Birmingham Midshires. If you contact us we can investigate further via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Wolstanton. Conveyancing may be slightly more expensive based on your lender's requirements.
Is it the case that all Wolstanton law firms on every bank conveyancing panel?
The Lexsure search tool on this page may be of use or you can pop into your high street bank branch in Wolstanton. Chances are that they will know some good conveyancing solicitors in Wolstanton