Much to our surprise we have been informed by our estate agent that my Bispham the law firm I have appointed is not on the bank Solicitor panel. What can I do to check?
You need to call your Bispham conveyancer. You lawyer should notify you of the situation. If they are not on the panel they could put your in touch with solicitors on the conveyancing panel for your lender.
three months have elapsed since my purchase conveyancing in Bispham concluded. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does conveyancing in Bispham differ for new build properties?
Most buyers of new build residence in Bispham come to us having been asked by the seller to exchange contracts and commit to the purchase even before the premises is built. This is because builders in Bispham typically purchase 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 conveyancers 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 Bispham or who has acted in the same development.
I decided to have a survey completed on a house in Bispham before retaining lawyers. I have been informed that there is a flying freehold overhang to the property. Our surveyor advised that some banks will refuse to grant a mortgage on this type of property.
It depends who your proposed lender is. Santander has different instructions from Birmingham Midshires. If you call us we can check via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Bispham. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Bispham to see if the conveyancing will be more expensive.
What makes your site different to alternative online quote calculators when it comes to conveyancing in Bispham?
At this site secure a fixed fee costs illustration from a Solicitor or Licensed Conveyancer that appreciates the nuances of your conveyancing in Bispham. Unlike many estate agents and many comparison sites we are not in the business of charging firms a commission if you appoint them for your home move in Bispham