How does conveyancing in Berkshire differ for newly converted properties?
Most buyers of new build residence in Berkshire approach us having been asked by the builder to sign contracts and commit to the purchase even before the premises is finished. This is because house builders in Berkshire typically 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 accustomed to new build conveyancing in Berkshire or who has acted in the same development.
Yesterday I discovered that there is a flying freehold element on a property I put an offer in a fortnight ago in what should have been a straight forward, chain free conveyancing. Berkshire is where the house is located. Can you shed any light on this issue?
Flying freeholds in Berkshire are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Berkshire you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Berkshire may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
Is it possible to change conveyancer as I have to find a firm on the Skipton Building Society conveyancing panel. I was using a family conveyancing solicitor in Berkshire five minutes from me but the firm is not accepted by Skipton Building Society
It would be our pleasure to assist you select a conveyancing solicitor in Berkshire on the Skipton Building Society panel. Please note that the solicitors that we list do not pay us a referral fee if you instruct them and are under regulation of the SRA who regulate all conveyancing solicitors in Berkshire. In utilising the find a conveyancing solicitor tool on this site, you can compare fees for conveyancing solicitors in Berkshire and throughout England and Wales.
Is it best to go with a Berkshire conveyancing lawyer who is local to the property I am buying? We have a good friend who can carry out the conveyancing but his firm is located approximately 350kilometers away.
The primary upside of using a local Berkshire conveyancing firm is that you can drop in to sign documents, deliver your identification documents and apply pressure on them if necessary. They will also have local insight which is a bonus. However nothing is more important than finding someone that will pull out all the stops for you. If other friends have used your friend and the majority were happy that must outweigh using an unknown Berkshire conveyancing solicitor solely due to them being round the corner.
What are the specific advantages to using a local solicitor in Berkshire
Plenty of house movers in Berkshire decide on using a nearby high street solicitor so that they can visit if they have concerns, and to sign mortgage deeds rather taking the chance in relying on the post.
We would allege that there is a distinct benefit when opting for a property lawyer nearby to a house you are purchasing, due to the familiarity of the area and possible local issues - nevertheless this is debatable. The majority of conveyancers carry out their communications by way of email and may be anywhere in the world.