We chose a Axmouth and Branscombe based lawyer for our conveyancing in Axmouth and Branscombe last week. After carefully reading the Terms and Conditions it is apparent thatI am on the hook for costs even where the transaction does not complete. Should I go with them or use a web based conveyancing company promoting no completion no cost conveyancing in Axmouth and Branscombe?
Generally there is a compromise along the lines that if "No Sale No Fee" is advertised then the conveyancing charges will tend to be be uplifted to offset those cases that abort. Dont forget that such offerings rarely protect you from outlay for example Axmouth and Branscombe conveyancing search charges.
My wife and I are about to complete on the purchase of a house in Axmouth and Branscombe but as a result of wreckage from the recent storms I have was able negotiate reparation from the vendor in the sum of £2k in the form of a adjustment in the price. I had intended this to be dealt with as part of the conveyancing process yet Virgin Money are not allowing this. Why were they approached?
Any conveyancing practitioner being on a Virgin Money conveyancing panel is obliged to inform Virgin Money of any amendments to the sale price. If you prohibit your conveyancer to notify the reduction to Virgin Money then they would have to discontinue acting for you. In addition, Virgin Money and you would have to appoint a new property lawyer for your conveyancing in Axmouth and Branscombe.
Me and my brother own a semi-detached Edwardian house in Axmouth and Branscombe. Conveyancing solicitor acted for me and Coventry Building Society. I did a free Land Registry search last week and I saw two entries: the first freehold, the second leasehold under the matching address. I'd like to know for sure, how can I find out??
You need to assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Axmouth and Branscombe and other areas of 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 lenders. You can also enquire as to the position with your conveyancing practitioner who conducted the purchase.
How does conveyancing in Axmouth and Branscombe differ for new build properties?
Most buyers of new build premises in Axmouth and Branscombe approach us having been asked by the developer to sign contracts and commit to the purchase even before the house is ready to move into. This is because house builders in Axmouth and Branscombe tend to acquire 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 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 Axmouth and Branscombe or who has acted in the same development.
My husband and I are FTB’s - agreed a price, but the estate agent advised that the owners will only proceed if we use the agent's preferred solicitors as they are insisting on an ‘expedited deal’. We would rather use a family conveyancer with experience of conveyancing in Axmouth and Branscombe
We suspect that the owner is unaware of this request. If they desire ‘a quick sale', turning down a genuine buyer is likely to cause more damage than good. Try to communicate with the owners directly and explain that (a)you are keen to buy (b)you are ready to go, with finances in place © you are chain free (d) you intend to proceed fast (e)but you intend to instruct your preferred Axmouth and Branscombe conveyancing solicitors - not the ones that will provide the estate agent a introducer fee or hit his conveyancing thresholds set by HQ.