Do the conveyancing solicitors listed on your site perform attended exchange conveyancing in Consett?
We do have a number of conveyancing specialists carrying out attended exchanges. You should e-mail us to get a fee calculation and details as to availability.
How does conveyancing in Consett differ for new build properties?
Most buyers of new build or newly converted property in Consett contact us having been asked by the housebuilder to sign contracts and commit to the purchase even before the property is finished. This is because new home sellers in Consett tend to acquire the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Consett or who has acted in the same development.
Over the last few months I have been searching for a ground for flat up to £245,000 and identified one round the corner in Consett I like with open areas and station in the vicinity, however it only has 52 remaining years left on the lease. There is not much else in Consett in this price bracket, so just wondered if I would be making a mistake acquiring a lease with such few years left?
If you require a home loan the remaining unexpired lease term will likely be a potential deal breaker. Reduce the offer by the amount the lease extension will cost if not already taken into account. If the existing owner has owned the premises for a minimum of 2 years you could ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer concerning this.
Do I need to be suspicious by estate agents that I am dealing with are recommending a nationwide conveyancing firm as opposed to a High Street Consett conveyancing firm?
As with many service providers, often referrals from relatives can be most helpful. Nevertheless there are lots of players in a conveyancing transaction; estate agents, financial adviser and mortgage companies may recommend solicitors to appoint. Sometimes these conveyancers might be known to one of the organisations as being good in their field, but occasionally there may be a financial incentive behind the recommendation. You have the discretion to choose your preferred conveyancer. However, bear in mind that the majority of banks operate an approved list of law firms you are obliged to use for the lender aspect of your transaction.
I need to retain a conveyancing solicitor for freehold conveyancing in Consett. I have discover a site which appears to be the perfect offering If there is a chance to get all formalities done via web that would be preferable. Do I need to be wary? 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?