At what point does exchange of contracts take place for purchase conveyancing in Brandesburton and do I need to be at the solicitors office?

If you are near to one of the conveyancing solicitors in Brandesburton you are welcome to come in to sign documents. However, the firms we work with supply countrywide coverage for conveyancing and provide just as comprehensive and professional a job for you when dealing with you digitally. The signing of the contract is not when everything is set in stone. Signing on the dotted line simply enables the solicitor 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 a long "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Brandesburton)to be in the office available at the end of the phone to exchange contracts.

We wanted to use a conveyancing solicitor in Brandesburton for our house move. Our broker informed us that our mortgage lenders The Mortgage Works won't deal with them. Surely this is unfair competition?

A mortgage company will insist on an approved solicitor act for it. You would be liable to bear the charges for this. Try using our tool to select a solicitor to carry conveyancing in Brandesburton on the The Mortgage Works conveyancing panel.

Me and my brother have a renovated Georgian house in Brandesburton. Conveyancing solicitor acted for me and Bank of Ireland. I happened to do a free search for it on the Land Registry database and I saw two entries: one for freehold, another for leasehold under the matching address. I thought I was buying a freehold how can I check?

You need to read 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 Brandesburton 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 purchasers. You can also check the situation with the conveyancing practitioner who conducted the work.

I'm purchasing a new build house in Brandesburton with the aid of help to buy. The builders refused to budge the price so I negotiated 6k of extras instead. The sale representative suggested that I not inform my solicitor about this extras as it would impact my mortgage with the bank. Do I keep my lawyer in the dark?.

All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

I have just appointed agents to market my basement apartment in Brandesburton. Conveyancing solicitors are to be appointed soon, however I have recently received a quarterly service charge invoice – should I leave it to the buyer to sort out?

Your conveyancing lawyer is likely to suggest that you should discharge the invoice as normal because all rents and maintenance payments will be apportioned as part of the financial calculations for completion monies, so you will be reimbursed by the buyer for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.

Brandesburton Conveyancing for Leasehold Flats - A selection of Questions you should consider before Purchasing

The answer will be important as a) areas can cause problems in the block as the common areas may begin to deteriorate if maintenance are not paid for b) if the tenants have a dispute with the managing agents you will wish to know about it How many of the leaseholders are in arrears for their maintenance charge payments?