My wife and I are buying a apartment in Fleet. It might be a silly question but how we can trust a conveyancer? On completion day we will need to send our life savings into their account. What protection do we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I have been advised by my lawyer that flying freehold insurance is needed on my purchase. What is the typical level of cover needed for conveyancing in Fleet?
The right level of flying freehold indemnity insurance should be dictated by who who your lender is. It would differ for example between National Westminster Bank and Bank of Scotland. Conveyancing solicitors as opposed to members of the public take out such insurances.
How can we know in advance if a Fleet conveyancing solicitor on the Skipton panel is any good?
When it comes to conveyancing in Fleet getting recommendations is a sensible start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always advocate that you speak with the solicitor conducting your transaction.
Should commercial conveyancing searches reveal planned roadworks that may impact a commercial estate in Fleet?
Its becoming the norm that commercial conveyancing solicitors in Fleet will order a SiteSolutions Highways report as it reduces the time that conveyancers spend in sourcing accurate data on highways that impact buildings and development assets in Fleet. The report provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Fleet.
For each commercial conveyancing transaction in Fleet it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately could cause delays to Fleet commercial conveyancing deals as well as present a risk to future intentions for the site. These searches are not carried out for domestic conveyancing in Fleet.
Just acquired a terraced house in Fleet , how long should it take for the Land Registry to deal with the formalities evidencing my ownership? My Fleet conveyancing solicitor works at snail pace, so I want to be sure the post completion formalities are dealt with.
There is nothing unique about conveyancing in Fleet registration formalities. Rather than based on location, timescales can differ subject to who lodges the application, whether it is in order and if the Land registry must send notices to any 3rd parties. Currently approximately 80% of such applications are fully dealt with within 12 days but occasionally there can be extensive delays. Historically registration is effected after the buyer is living at the property thus an expedited registration is not always primary concern but if there is a degree of urgency associated with the registration then you or your lawyers must contact the land registry and explain the circumstances.
I have been on the look out for a ground for flat up to £195,000 and found one near me in Fleet I like with open areas and transport links in the vicinity, however it's only got 61 remaining years left on the lease. I can't really find anything else in Fleet for this price, so just wondered if I would be making a grave error buying a short lease?
If you require a mortgage the remaining unexpired lease term may be an issue. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the current owner has owned the premises for a minimum of twenty four months you may ask them to commence the lease extension formalities and then assign 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.
My husband and I are novice buyers - had an offer accepted, but the estate agent informed us that the owners will only move forward if we use the agent's chosen lawyers as they want an ‘expedited deal’. We would rather use a high street conveyancer used to conveyancing in Fleet
It is unlikely the sellers are driving this. If they desire ‘a quick sale', alienating a genuine purchaser is counter productive. Speak to the owners direct and make the point that (a)you are keen to buy (b)you are ready to progress, with mortgage lined up © you have nothing to sell (d) you intend to proceed fast (e)however you will continue to instruct your preferred Fleet conveyancing lawyers - as opposed tothose that will earn their negotiator at the agency a commission or hit his conveyancing targets set by corporate headquarters.