Various internet forums that I have visited warn that are the main reason for hinderance in Corfe Castle conveyancing transactions. Is that correct?
The Council of Property Search Organisations (CoPSO) released conclusions of research by MoveWithUs that conveyancing searches do not figure amongst the most frequent causes of hindrances in the conveyancing process. Searches are not likely to be the root cause of holding up conveyancing in Corfe Castle.
Me and my brother own a semi-detached Edwardian property in Corfe Castle. Conveyancing lawyer represented me and Norwich and Peterborough Building Society. I did a free Land Registry search last week and I saw a couple of entries: the first freehold, another for leasehold with the matching address. Is it worth asking Norwich and Peterborough Building Society to clarify?
You should assess 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 owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Corfe Castle and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also question the position with your conveyancing lawyer who carried out the work.
How does conveyancing in Corfe Castle differ for newly converted properties?
Most buyers of new build or newly converted property in Corfe Castle approach us having been asked by the developer to exchange contracts and commit to the purchase even before the property is built. This is because builders in Corfe Castle typically buy the real estate, 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 conveyancers 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 used to new build conveyancing in Corfe Castle or who has acted in the same development.
What does commercial conveyancing in Corfe Castle cover?
Commercial conveyancing in Corfe Castle incorporates a wide range of services, supplied by qualified solicitors, relating to business property. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.
We are a fortnight into a leasehold purchase having been directed to a firm by the selling agent to handle our conveyancing in Corfe Castle. We are not happy. Could you help me find new conveyancers?
They would have to be really bad to suggest diss instructing them. Has the mortgage offer been sent? In the event that it has you need to advise them of the replacement solicitor and ensure the offer are issued to the new lawyers. Your new conveyancer needs to be on the banks panel to avoid escalating costs and complications. So that should be your first question of the new conveyancers. The search tool can assist you in finding a lender approved lawyer for your conveyancing in Corfe Castle