At what point can the exchange of contracts occur in purchase conveyancing in Colchester and am I required to be at the solicitors branch?
If you are round the corner to our conveyancing solicitors in Colchester you are invited in to sign documents. However, the firms we recommend offer a nationwide conveyancing service and give as equally comprehensive and professional a job for you when dealing with you by post or email. The signing of the property agreement is not the point of no return. A signed contract simply enables the conveyancer to address the formalities at the suitable time, which is ordinarily shortly after signing. The exchange process is is usually a five minute process, although where a lengthy "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Colchester)to be in the office at the appropriate time.
five months have elapsed following my purchase conveyancing in Colchester 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 residence 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.
I am looking for a ground for flat up to £245,000 and identified one round the corner in Colchester I like with open areas and transport links in the vicinity, however it's only got 49 remaining years left on the lease. There is not much else in Colchester in this price bracket, so just wondered if I would be making a grave error acquiring a lease with such few years left?
If you need a mortgage the shortness of the lease will be problematic. Discount the price by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for a minimum of 2 years you can ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing solicitor concerning this matter.
What tools are available to locate a Colchester solicitor on the Coventry Building Society conveyancing panel? I have a car and am happy to travel upto 10miles to meet the solicitor.
You can use the search on this page. Please pick a lender and your location and you will see a number of Colchester conveyancing lawyers located nearest you. We have detailed some Colchester conveyancing firms at the bottom of this page and you can call them to check whether they are on the Coventry Building Society panel
How do I find the right lawyer for my conveyancing in Colchester ?
First ask your friends and family they would would seek assistance from. Second, look on the web for conveyancing in Colchester. Telephone a couple or more firms from the list and ask them to email you their conveyancing charges and speak to the lawyer who will conduct your conveyancing before you commit. Third is to make use of our search tool to assist you in finding the right solicitors for you based on your unique requirements including location,speed, complexity and who the proposed mortgage company is.Do not be fooled by £99 conveyancing solicitors in Colchester