At what point will exchange of contracts happen for purchase conveyancing in Billingshurst and am I required to be at the conveyancers office?
Where you are near to one of the conveyancing solicitors in Billingshurst you are invited in to sign documents. However, the firms we work with supply a national conveyancing service and provide just as comprehensive and professional a job for you when communicating with you electronically. The signing of the contract is not the important part. A signed contract is necessary for the conveyancer to exchange contracts when the time is right, which will usually be very shortly after signing. The procedure is nowadays normally dealt with by telephone and can be very rapid, although where an extended "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Billingshurst)to be in the office at the appropriate time.
Our lender has recommended solicitors on their panel based in Billingshurst but I would rather use a conveyancing lawyer in Billingshurst or nearer to where I live. Can you assist?
It is by no means the case that all Billingshurst conveyancing firms are listed all banks conveyancing panel. Do make the most of the above find an approved solicitor tool to identify a Billingshurst conveyancing conveyancer on the on the lender panel.
I have justdiscovered that Stirling Law have closed. They carried out my conveyancing in Billingshurst for a purchase of a leasehold flat 18 months ago. How can I be sure that the property is not still registered in the name of the former proprietor?
The easiest way 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 Billingshurst conveyancing specialists.
I've recently found out that there is a flying freehold issue on a house I put an offer in a fortnight ago in what should have been a straight forward, chain free conveyancing. Billingshurst is where the house is located. Can you offer any assistance?
Flying freeholds in Billingshurst are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Billingshurst you must be sure that your lawyer goes through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Billingshurst may ascertain 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 property.
Two months into purchasing a house in Billingshurst. Conveyancing solicitor has told us the title is "Leasehold". Will this likely adversely affect the salability of the house?
Billingshurst conveyancing does not usually involve leasehold houses. The main factor here is the length of lease and the ground rent. If it's 999 years with a peppercorn rent, it's almost the same as freehold, so it’s unlikely to affect the saleability too much.
On the flip side, if it's, say, Sixty years it will have a significant impact on the value, and probably wouldn't be mortgageable. The length of lease and ground rent will be set out in the lease to be supplied to your property lawyer.