The housing market in Hornchurch is heating up. What can I do to speed up matters?
First, If you are under a tight deadline for your conveyancing we would recommend that your lawyer is familiar with the location as they will benefit local relationships and intelligence. It is even conceivable that they would have transacted previousproperties in the same street. You would be best advised to use a Hornchurch conveyancing firm. Second, check that the conveyancing firm is on the member panel. It is said that nearly one in five of Hornchurch conveyancing transactions are suspended or jeopardised after finding out that a buyer’s conveyancer was not on their banks panel. This can often result in the transaction being frustrated by almost three weeks. It is said that this issue affects approximately 100,000 home sales annually. Most Hornchurch conveyancing practices can not represent certain banks so do check as early as possible.
It has been 4 months following my purchase conveyancing in Hornchurch took place. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £170,000. 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.
Due to the encouragement of my in-laws I had a survey completed on a house in Hornchurch in advance of appointing lawyers. I have been advised that there is a flying freehold aspect to the property. Our surveyor advised that some lenders will refuse to give a loan on this type of premises.
It varies from the lender to lender. HSBC has different instructions for example to Halifax. Should you wish to telephone us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Hornchurch. Conveyancing may be slightly more expensive based on your lender's requirements.
What does commercial conveyancing in Hornchurch cover?
Non domestic conveyancing in Hornchurch covers a broad array of advice, provided by qualified solicitors, relating to business premises. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.
Should I go with a Hornchurch conveyancing lawyer who is local to the property I am hoping to buy? I have an old university friend who can conduct the legal work however her office is over three hundred kilometers away.
The primary upside of using a high street Hornchurch conveyancing firm is that you can drop in to sign paperwork, present your identification documents and apply pressure on them if necessary. They will also have local insight which is a plus. That being said it's more important to get someone that will do a good and efficient job. If other friends have instructed your friend and on the whole were content that must surpass using an unknown Hornchurch conveyancing lawyer just because they are local.