The property market in Blackwell is hotting up. What can I do to accelerate the legal process?
In a situation where the seller is applying time constraints for your conveyancing it is highly recommended that your conveyancer is familiar with the area as they will benefit local relationships and know-how. It is even conceivable that they may have handled otherhomes in the same street. Therefore consider using a Blackwell conveyancing firm. In addition, be sure that the conveyancing firm is on the lender panel. It is claimed that 18% of Blackwell conveyancing transactions are suspended or derailed after finding out that a buyer’s solicitor was not on their banks member panel. This can often result in the legal process being frustrated by as much as 21 days. It is believed that this issue affects approximately one hundred thousand home sales every year. Many Blackwell conveyancing practices can not represent certain mortgage companies so do check at the outset.
Having sold my house in Blackwell last May yet the purchaser is calling every few hours complaining that her solicitor needs to hear from mine. What are the post completion sale legalities now that I have sold?
Post completion of your house sale your lawyer is committed to deliver the transfer deeds and all additional paperwork to the purchaser's conveyancer. Depending on the transaction, your lawyer should also confirm that the home loan has been redeemed to the buyers lawyers. There is unlikely to be post completion tasks peculiar conveyancing in Blackwell.
Me and my brother own a 4 bedroom Georgian property in Blackwell. Conveyancing solicitor acted for me and Alliance & Leicester . I did a free Land Registry search last week and I saw a couple of entries: the first freehold, another for leasehold under the exact same property. If a house is not a freehold shouldn't I have been informed?
You need to assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Blackwell and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also question the situation with your conveyancing lawyer who carried out the work.
How does conveyancing in Blackwell differ for newly converted properties?
Most buyers of new build premises in Blackwell contact us having been asked by the developer to exchange contracts and commit to the purchase even before the property is constructed. This is because house builders in Blackwell typically acquire 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 Blackwell or who has acted in the same development.
Given that I am about to spend £400,000 on a terraced house in Blackwell I would like to have a conversation with the solicitor regarding theconveyancing prior to appointing the firm. Can this be arranged?
This is something that we recommend - we would be pleased to talk to you we do not take any clients on without you liaising with the conveyancer who will be doing your property ownership legalities in Blackwell.There is no ‘factory style conveyancing’ - every client is an important individual, not a file reference. The solicitors that we put you in touch with believe that the figure you are calculated and presented to you for residential conveyancing in Blackwell should be the figure that you end up paying.