The property market in Comberton is hotting up. What can be done to quicken up the buying process?
In a situation where you are under time constraints to exchange it is highly recommended that your conveyancer is familiar with the area as they will have local relationships and know-how. It is even conceivable that they may have transacted previoushouses in the same road. You would be best advised to use a Comberton conveyancing solicitor. In addition, be sure that the lawyer is on the on the approved list for your mortgage company. It is estimated that nearly one in five of Comberton conveyancing transactions are frustrated or jeopardised after finding out that a purchaser’s solicitor was not on their banks member panel. This can often result in the transaction being held up by an average of 21 days. It is understood that this issue impacts approximately 100,000 home sales every year. Many Comberton conveyancing firms can not represent certain mortgage companies so do check at the outset.
I am helping my niece sell her flat in Comberton. Does the solicitor arrange an energy performance certificate or it is for the seller to see to?
After the abolition of HIPs, energy performance certificates became a mandatory component of moving house. An energy performance certificate needs to be to hand before the property is advertised. It is not something that law firms ordinarily organise. Where you are instructing a Comberton conveyancing solicitor they might help arrange energy assessments given their contacts with long established Comberton assessors
My stepmother advised me that in buying a property in Comberton there may be a number of restrictions affecting the ability to carry out external changes to the property. Is this right?
We are aware of a number of properties in Comberton which have some sort of restriction or requirement of consent to perform external variations. Part of the conveyancing in Comberton should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I had a mortgage agreed in principle with Barclays. Comberton conveyancing lawyers are selected. How long does it take for Barclays to send the offer to the solicitor?
Some lenders take longer than others. Have Barclays done the valuation? Have you informed Barclays as to your lawyers' details and checked that your lawyers are on the Barclays conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I have been told that property searches are a common reason for delay in Comberton house deals. Is that correct?
The Council of Property Search Organisations (CoPSO) published findings of research by MoveWithUs that conveyancing searches do not feature within the top 10 causes of delays during the legal transfer of property. Local searches are unlikely to be the root cause of slowing down conveyancing in Comberton.
The deeds to my property can not be found. The lawyers who dealt with the conveyancing in Comberton 4 years ago no longer exist. What are my next steps?
You no longer need to hold title deeds to prove you are the registered proprietor of land or premises, as the Land Registry have everything they need in a digital format.
Our conveyancing in Comberton is completing next Friday, yet the sellers I am purchasing from wants to move out on the Saturday at 2pm. Do I accept such a idea?
It is not possible to complete on a Saturday because the bank systems are not operating.