When does exchange of contracts take place for residential conveyancing in Canton and do I need to attend the conveyancers office?

Where you are in close proximity to our conveyancing solicitors in Canton you are welcome to attend to sign contracts. That being said, the firms we recommend supply a nationwide conveyancing service and provide just as detailed and professional a job for you when communicating with you digitally. The executing of the contract is not when everything is set in stone. Signing on the dotted line simply enables the conveyancer to address the formalities at the appropriate time, 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 Canton)to be in the office available at the end of the phone to exchange contracts.

Just bought a semi-detached house in Canton , What is the estimated time for the Land Registry to deal with the formalities evidencing my ownership? My Canton conveyancing solicitor works at snail pace, so I want to be sure the registration is dealt with.

As far as conveyancing in Canton is concerned, registration is no quicker or slower than anywhere else in England and Wales. Rather than based on location, timescales can adjust according to the party submitting the application, whether there are errors and whether the Land registry have to notify any other parties. As of today in the region of three quarters of such applications are completed within two weeks but occasionally there can be protracted hold-ups. Registration occurs after the new owner has moved in to the premises therefore 'speed' is not usually top priority yet if it is urgent that the the registration takes place urgently then you or your solicitor must speak with the land registry and explain the circumstances.

I am looking into buying my first house which is in Canton and I am already nervous. I couldn't find anything specific about Canton. Conveyancing will be needed in due course but do you know about the Canton area? or perhaps some other tips you can share?

Rather than looking online forget looking online you should go and have a look at Canton. In the meantime here are some basic statistics that we found

Should I use a Canton conveyancing solicitor based in the vicinity that I am purchasing? An old friend can deal with the conveyancing but they are based 200kilometers drive away.

The primary upside of using a high street Canton conveyancing practice is that you can drop in to execute documents, present your identification documents and pester them if necessary. Having local Canton know how is a bonus. That being said nothing is more important than finding someone that will do a good and efficient job. If if people you trust used your friend and they were happy that must trump using an unknown Canton conveyancing lawyer just because they are local.

I am on look out for some leasehold conveyancing in Canton. Before I set the wheels in motion I require certainty as to the remaining lease term.

Assuming the lease is recorded at the land registry - and most are in Canton - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

Canton Conveyancing for Leasehold Flats - A selection of Questions you should consider Prior to buying

How many years remain on the lease? It is important to be aware whether redecorating or some other significant cost is pending to be shared amongst the tenants and will dramatically impact the level of the maintenance fees or require a one time invoice. You should be aware if it is less than eighty years it will have adverse implications on the value of the apartment. Check with your mortgage company that they are content with residual term of the lease. Leases with fewer than 80 years remaining means that you will most likely have to extend the lease at some point and it is worth discovering how much this would cost. For most Cantonlease extensions you will be be obliged to have owned the property for a couple of years in order to be entitled to extend the lease.