It is 10 years ago since I bought my property in Highworth. Conveyancing lawyers have just been appointed on the sale but I can't find the deeds. Will this cause complications?
You need not be too concerned. First the deeds may be kept by the mortgage company or they could be in the possession of the conveyancers who handled the purchase. Secondly the likelihood is that the title will be registered at the land registry and you will be able to establish that you own the property by your conveyancing solicitors acquiring up to date copy of the land registers. Almost all conveyancing in Highworth relates to registered property but in the unlikely event that your home is unregistered it is more tricky but is resolvable.
Should commercial conveyancing searches reveal planned roadworks that may impact a commercial estate in Highworth?
Its becoming the norm that commercial conveyancing solicitors in Highworth will execute a SiteSolutions Highways report as it reduces the time that conveyancers invest in looking into accurate data on highways that impact buildings and development assets in Highworth. 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 Highworth.
For each commercial conveyancing transaction in Highworth it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately may cause delays to Highworth commercial conveyancing deals as well as present a risk to future intentions for the site. These searches are not ordered for domestic conveyancing in Highworth.
I have recentlybeen informed that Wolstenholmes have closed. They conducted my conveyancing in Highworth for a purchase of a freehold house 12 months ago. How can I be sure that my home is registered correctly in the name of the former proprietor?
The quickest method to check if the premises is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Highworth conveyancing specialists.
How does conveyancing in Highworth differ for new build properties?
Most buyers of new build premises in Highworth approach us having been asked by the builder to sign contracts and commit to the purchase even before the property is completed. This is because builders in Highworth tend to buy the land, 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 used to new build conveyancing in Highworth or who has acted in the same development.
At what point do I pay stamp duty chargeable for my Highworth house purchase?
The conveyancer will fill out a Land Transaction Return Form on your behalf as part of your Highworth purchase transaction for signature. On completion your lawyer will submit the Land Transaction application to the Inland Revenue and - as long as they have the money - discharge any Stamp Duty due on your behalf.