We selected a Houghton Regis based solicitor for our conveyancing in Houghton Regis yesterday. Looking through the Ts and Cs I seewe are on the hook for costs even if the dealdoes not happen. Would I be best advised to instruct an on-line conveyancing brokerage promoting no completion no charge conveyancing in Houghton Regis?
It is usually ‘give and take’ in that if "No Sale No Fee" is available then the fee levels will tend to be be more expensive to counteract those conveyances that do not go ahead. Please beware that these schemes generally do not cover expenditure such as Houghton Regis conveyancing search charges.
I happen to be the sole recipient of my late mum's will and I have everything in my name now, including the my former home in Houghton Regis. The Houghton Regis property was put into my name in October. I now wish to sell up. I understand that there is a CML 6 month 'rule', which means that my proprietorship may be considered the same way as if I'd bought the property in October. Do I have to wait 6 months to sell?
The CML handbook obliges conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you could be affected by that. many lenders would take a sensible view as this provision chiefly exists to identify the purchase and immediately sell or the flipping of properties.
My partner and I are in the process of viewing houses in Houghton Regis and I am now considering a potential offer. Is it too early to have a solicitor in place? I intend to finance via a home loan with Barclays.
It would be wise to commence your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their contact information on to the estate agent. Given that you are taking out a mortgage with Barclays, make sure you remember to check that your lawyer is on the Barclays conveyancing panel.
I have decided to exercise my right to buy my property in Houghton Regis off the council. I have a mortgage agreed with Principality. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Principality, you will need to appoint a solicitor on the Principality conveyancing panel.
We are downsizing from our property in Houghton Regis and the buyers lawyers are claiming that there is a possibility that the property was constructed land that was not decontaminated. A local conveyancer would know this is not the case. For the life of me I don't know why the purchasers used a national conveyancing practice as opposed to a conveyancing solicitor in Houghton Regis. Having lived in Houghton Regis for six years we know of no issue. Is it a good idea to get in touch with our local Authority to get clarification that there is no issue.
It sounds as though you may have a conveyancing solicitor currently acting for you. What do they say? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
Are there restrictive covenants that are commonly identified as part of conveyancing in Houghton Regis?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Houghton Regis. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
How does conveyancing in Houghton Regis differ for newly converted properties?
Most buyers of new build or newly converted property in Houghton Regis come to us having been asked by the builder to sign contracts and commit to the purchase even before the residence is ready to move into. This is because builders in Houghton Regis typically buy 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 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 used to new build conveyancing in Houghton Regis or who has acted in the same development.