I am under pressure from the seller of a property in Woodcote to exchange within four weeks. What can I do to expedite matters?
In a situation where you are under time constraints for your conveyancing it is highly recommended that your lawyer is familiar with the area as they will benefit local connections and knowledge. It is possible that they may have handled otherhomes in the same street. Therefore consider using a Woodcote conveyancing lawyer. In addition, be sure that the lawyer is on the member panel. It is estimated that 18% of Woodcote conveyancing transactions are suspended or jeopardised after discovering a buyer’s solicitor was not on their mortgage lender’s panel. This can often result in the buying process being held up by almost three weeks. It is claimed that this issue impacts approximately 100,000 home sales every year. Many Woodcote conveyancing firms can not represent certain mortgage companies so do check at the outset.
Do the Building Society Association intend to launch a searchable register to list practices on the Melton Mowbray Building Society conveyancing panel for instance in Woodcote?
We would not expect to be advised of any plans on the part of the BSA to develop such a search facility.
Do I need to take out insurance to protect me from financial exposure to chancel repairs when acquiring a property in Woodcote?
Unless a prior acquisition of the house took place post 12 October 2013 you may expect conveyancing practitioners delivering conveyancing in Woodcote to continue to suggest a chancel search and or chancel repair liability policy.
I have been on the look out for a ground for flat up to £245,000 and identified one round the corner in Woodcote I like with a park and station in the vicinity, the downside is that it only has 51 years on the lease. There is not much else in Woodcote for this price, so just wondered if I would be making a grave error acquiring a lease with such few years left?
Should you require a mortgage the shortness of the lease may be an issue. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the current proprietor has owned the premises for a minimum of twenty four months you could request that they start the process of the extension and then assign it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing solicitor concerning this.
What makes your site different to alternative online quote calculators when it comes to conveyancing in Woodcote?
At this site receive an accurate costs illustration from a Solicitor or Licensed Conveyancer that understands the issues of your conveyancing in Woodcote. As opposed to estate agents and brokerage sites we do not operate commission arrangements with solicitors. Many agents and online brokers 'recommend' solicitors paying the most kickback, rather than the best value conveyancing in Woodcote