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Recently asked questions about conveyancing in Dereham

I require conveyancing for a flat in a fairly new development (6 years built) in Dereham. 95% of the appartments are already sold. Is it really necessary to order neighbourhood searches for my conveyancing in Dereham?

A big part of the Dereham legal transfer of property is the conveyancing searches. There are numerous companies conducting Dereham conveyancing searches, as well direct from the local authority. These are generally termed personal search companies and they produce, not surprisingly, personal searches. Nevertheless, all Local Authority Search conveyancing products have one thing in common - they must obtain their data from the local authoritative source.

Various online forums that I have visited warn that are a common reason for obstruction in Dereham house deals. Is this right?

The Council of Property Search Organisations (CoPSO) released determinations of a review by MoveWithUs that conveyancing searches do not figure within the top 10 causes of hindrances in the conveyancing process. Local searches are not likely to be the root cause of slowing down conveyancing in Dereham.

It has been 4 months following my purchase conveyancing in Dereham concluded. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £215,000. 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 asset 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.

How does conveyancing in Dereham differ for newly converted properties?

Most buyers of new build or newly converted property in Dereham approach us having been asked by the builder to exchange contracts and commit to the purchase even before the premises is ready to move into. This is because builders in Dereham tend to buy the site, 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 property lawyers 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 Dereham or who has acted in the same development.

I am a sole trader looking to take over a lease of a shop on a shopping parade. Can you recommend solicitors offering no-move-no fees for commercial conveyancing in Dereham for under £2000?

We are happy to recommend firms who have specialist knowledge of commercial conveyancing in Dereham, including the sale and purchase of businesses as well as simply property. If you are looking to acquire or lease a shop, pub, restaurant, office, retail premises or a complete business we can find you the right lawyer. As for the charges this will depend on the structure and heads of terms of the deal. Let us have your details or phone us so that we can supply you with a detailed commercial conveyancing quote.

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