At what point can the exchange of contracts occur in domestic conveyancing in Felixstowe and am I required to attend the solicitors office?
If you are near to our conveyancing solicitors in Felixstowe you are welcome to come in to sign the paperwork. However, the law practices we work with supply countrywide coverage for conveyancing and give as equally diligent and professional a job for you when communicating with you digitally. The signing of the sale agreement is not when everything is set in stone. A signed contract is necessary for the conveyancer to officially exchange when the time is right, which is ordinarily shortly after signing. The procedure is nowadays normally dealt with by telephone and can be very rapid, although where a long "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Felixstowe)to be in the office available at the end of the phone to exchange contracts.
How does conveyancing in Felixstowe differ for newly converted properties?
Most buyers of new build or newly converted property in Felixstowe approach us having been asked by the seller to exchange contracts and commit to the purchase even before the property is finished. This is because new home sellers in Felixstowe usually purchase 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 Felixstowe or who has acted in the same development.
As co-executor for the estate of my father I am selling a house in Neath but I am based in Felixstowe. My solicitor (who is 250 miles from merequires that I sign a stat dec ahead of the transaction finalising. Can you recommend a conveyancing lawyer in Felixstowe to attest and place their company stamp on the document?
Technically speaking you should not need to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will do regardless of whether they are located in Felixstowe
My wife and I purchased a leasehold house in Felixstowe. Conveyancing and Nationwide Building Society mortgage went though with no issue. A letter has just been received from someone claiming to own the reversionary interest in the property. It included a ground rent demand for rent dating back to 1996. The conveyancing solicitor in Felixstowe who previously acted has now retired. What should I do?
First contact HMLR to be sure that this person is indeed the registered owner of the freehold reversion. There is no need to instruct a Felixstowe conveyancing solicitor to do this as you can do this on the Land Registry website for a few pound. Rest assured that regardless, even if this is the legitimate freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
Felixstowe Conveyancing for Leasehold Flats - A selection of Questions you should consider Prior to Purchasing
What restrictions exist in the Felixstowe Lease? In the main the outlay for major works are not wrapped into the maintenance charges, although there some managing agents in Felixstowe ask leaseholders to pay into a reserve fund created for the specific intention of building a fund for major repairs or maintenance. What is the yearly service fee and ground rent?
My solicitors in Felixstowe have advised me that they can not locate my conveyancing file. To assist with my purchase I took out a mortgage with the bank. Is it case that being on the lender conveyancing panel they need to have retained the file for a prescribed period?
It very much depends from lender to lender but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the lender Conveyancing Panel Terms. It might be worth you contacting the mortgage company directly.