At what point does exchange of contracts take place for domestic conveyancing in Gants Hill and do I need to be at the lawyers branch?
If you are in close proximity to one of the conveyancing solicitors in Gants Hill you are invited in to sign contracts. That being said, the lender approved solicitors we recommend supply a nationwide conveyancing service and provide as equally comprehensive and professional a job for you when communicating with you by post or email. The signing of the property agreement is not the critical part. A signed contract simply enables the solicitor to officially exchange when the time is right, which is ordinarily shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where a long "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Gants Hill)to be in the office available at the end of the phone to exchange contracts.
I require quick conveyancing in Gants Hill as I am faced with pressure to sign on the dotted line in less than one month. Fortunately I do not require a mortgage. Is it possible to escape the need for conveyancing searches to save fees and time?
If.Given you are not getting a home loan you have the choice not to have searches conducted although no law firm would advise that you don't. Drawing on years of experience of conveyancing in Gants Hill the following are examples of issues that can show up and adversely affect the marketability of the property: Enforcement Notices, Outstanding Charges, Outstanding Grants, Road Schemes,...
I purchased my home on 13 June and the transaction details is yet to be registered. Any reason for this? My conveyancing solicitor in Gants Hill advises it will be dealt with in less than a month. Are titles in Gants Hill particularly slow to register?
As far as conveyancing in Gants Hill registration is no quicker or slower than anywhere else in England and Wales. As opposed to being determined by geographic area, timescales can adjust according to the party submitting the application, whether it is in order and whether the Land registry must send notices to any other parties. As of today roughly three quarters of such applications are completed within 12 days but some can be subject to protracted delays. Historically registration is effected after the new owner has moved in to the premises so 'speed' is not typically top priority yet if there is a degree of urgency associated with the registration then you or your solicitor should contact the land registry and explain the circumstances.
How does conveyancing in Gants Hill differ for new build properties?
Most buyers of new build premises in Gants Hill come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the house is ready to move into. This is because builders in Gants Hill tend to acquire the real estate, 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 conveyancing solicitors 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 accustomed to new build conveyancing in Gants Hill or who has acted in the same development.
I have been on the look out for a flat up to £235,500 and identified one close by in Gants Hill I like with amenity areas and station nearby, however it only has 52 years on the lease. There is not much else in Gants Hill suitable, so just wondered if I would be making a mistake acquiring a short lease?
Should you need a mortgage that many years may be problematic. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the existing proprietor 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. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this matter.