When will exchange of contracts occur in purchase conveyancing in Camberley and am I required to attend the conveyancers office?
If you are in close proximity to our conveyancing solicitors in Camberley you are invited in to sign documents. That being said, the law practices we recommend provide countrywide coverage for conveyancing and give just as comprehensive and professional a job for you when communicating with you digitally. The signing of the contract is not when everything is set in stone. A signed contract simply enables the firm to address the formalities at the appropriate time, which is ordinarily shortly after signing. The exchange process is is usually a five minute process, although where a lengthy "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Camberley)to be in the office available at the end of the phone to exchange contracts.
My aunt advised me that in purchasing a property in Camberley there could be various restrictions affecting the ability to carry out external changes to a property. Is this right?
We are aware of a number of properties in Camberley which have some sort of restriction or requirement of consent to execute external changes. Part of the conveyancing in Camberley should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
When it comes to mortgage companies such as UBS, do Camberley solicitors have to pay a fee to be on the list of approved solicitors?
We are not aware of any lender fees to be on their list of approved firms, although some do charge an administration fee to deal with the processing of the conveyancing panel application.
My partner and I have arranged a further advance on our mortgage from Skipton as we wish to carry out a loft conversion to our property in Camberley. Do we need to choose a high street Camberley solicitor on the Skipton conveyancing panel to handle the legals?
Skipton would not normally instruct a member of their approved list of lawyers to deal with the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Skipton panel.
I am looking for a leasehold apartment up to £245,000 and found one round the corner in Camberley I like with a park and station in the vicinity, the downside is that it only has 52 remaining years left on the lease. There is not much else in Camberley suitable, so just wondered if I would be making a mistake purchasing a short lease?
Should you need a home loan the shortness of the lease may be problematic. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for at least 2 years you could request that they commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this.
I need to retain a conveyancing solicitor for purchase conveyancing in Camberley. I have chance upon a web site which appears to be the perfect offering If it is possible to get all this stuff completed via phone that would be preferable. Do I need to be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
Planning to exchange soon on a leasehold property in Camberley. Conveyancing solicitors inform me that they will have a report out to me within the next couple of days. What should I be looking out for?
The report on title for your leasehold conveyancing in Camberley should include some of the following:
Where does the liability rest for repairing the window frames Repair and maintenance of the property You should be sent a copy of the lease Ground rent - what is payable and when is collected, and also know whether this is subject to change
Camberley Leasehold Conveyancing - Sample of Questions you should ask before Purchasing
Is the freehold owned jointly by the tenants? This question is helpful as a) areas may result in problems in the block as the communal areas may begin to deteriorate where maintenance remain unpaid b) if the tenants have an issue with the running of the building you will want to have complete disclosure What prohibitions are there in the Camberley Lease?