What will a local search tell me about the house my wife and I buying in Clerkenwell?
Clerkenwell conveyancing often starts with the submitting local authority searches directly from your local Authority or via a personal search organisations such as Searches UK The local search is essential in every Clerkenwell conveyancing purchase; that is if you don’t want any nasty surprises after you move into your property. The search will supply information on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic sections.
4 months have gone by following my purchase conveyancing in Clerkenwell completed. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £160,000. 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.
How does conveyancing in Clerkenwell differ for new build properties?
Most buyers of new build residence in Clerkenwell contact us having been asked by the builder to exchange contracts and commit to the purchase even before the residence is ready to move into. This is because developers in Clerkenwell usually acquire the site, 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 property lawyers 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 Clerkenwell or who has acted in the same development.
My husband and I are first time buyers - had an offer accepted, but the agent has warned us that the vendor will only issue a contract if we use their chosen solicitors as they are insisting on an ‘expedited deal’. We would rather use a family conveyancer who is accustomed to conveyancing in Clerkenwell
It is unlikely the sellers are driving this. If they desire ‘a quick sale', alienating a motivated buyer is is going to put the whole deal at risk. Speak to the owners direct and make the point that (a)you are keen to buy (b)you are ready to progress, with mortgage lined up © you do not need to sell (d) you intend to proceed fast (e)however you will continue to use your own,trusted Clerkenwell conveyancing solicitors - not the ones that will earn the estate agent a referral fee or achieve conveyancing figures demanded by HQ.
How much experience do your Clerkenwell conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?
Clerkenwell conveyancing lawyers help thousands of people move home every year and supported lots of clients through the Help To Buy scheme. The chances are that whatever makes your case unique Clerkenwell conveyancers have worked on recent similar matters.