Various online forums that I have frequented warn that are the primary reason for obstruction in Cheshire conveyancing transactions. Is that correct?
The Council of Property Search Organisations (CoPSO) has noted the determinations of research by MoveWithUs that conveyancing searches do not figure within the most frequent causes of hindrances during the legal transfer of property. Local searches are not likely to feature in any slowing down conveyancing in Cheshire.
It has been 4 months following my purchase conveyancing in Cheshire took place. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £180,000. 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 property 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.
Over the last few months I have been searching for a ground for flat up to £235,500 and found one near me in Cheshire I like with open areas and transport links in the vicinity, however it's only got 49 years unexpired on the lease. I can't really find anything else in Cheshire suitable, so just wondered if I would be making a grave error buying a short lease?
If you need a mortgage the remaining unexpired lease term will be problematic. Discount the offer by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for a minimum of twenty four months you may request that they commence the lease extension formalities and pass it to you. You can add 90 years to the current lease with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this.
My husband and I are FTB’s - agreed a price, yet the selling agent informed us that the vendor will only issue a contract if we instruct the agent's chosen solicitors as they need an ‘expedited deal’. Our preferred option is to instruct a high street solicitor with experience of conveyancing in Cheshire
It is highly unlikely the sellers are driving this. Should the vendor desire ‘a quick sale', alienating a serious buyer is not the way to achieve this. Speak to the vendors direct and make sure they understand (a)you are motivated buyers (b)you are excited to move forward, with mortgage lined up © you are unencumbered (d) you wish to move quickly (e)but you will continue to appoint your preferred Cheshire conveyancing firm - not the ones that will provide their estate agent a kickback or hit his conveyancing targets set by HQ.
How easy is it to change a solicitor as I need to find a Cheshire based one who is on the bank conveyancing panel. How simple is it to change conveyancer?
If you haven't yet instructed a solicitor to start work and have just received an estimate as to costs, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer in Cheshire that you're thinking of instructing.