IfI was to acquire a freehold housein Lynmouth for cash and dispense with a survey and no local authority searches how much could I expect to to save on my conveyancing in Lynmouth?
Any savings you would achieve will be limited to the costs for searches. Your solicitor is obliged to do the vast majority of work - money laundering, communicating with the vendors solicitor, SDLT return, register the title etc. A marginal saving might be made by not needing to register a charge however it will not be significant.
I have todaybecome aware that Wolstenholmes have been shut down. They carried out my conveyancing in Lynmouth for a purchase of a leasehold flat 12 months ago. How can I be sure that my home is in my name in the name of the previous owner?
The easiest way to see if the premises is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Lynmouth conveyancing specialists.
I'm refinancing my current property to a BTL loan with The Mortgage Works and intend to use the remaining equity as a down payment on further house. The area we are looking at is Lynmouth. Will your solicitors be able to act for both sets of mortgage companies and link together the conveyances?
Make use of our search tool on this site to be sure that the conveyancers are on the appropriate lender panels. Assuming that they are the conveyancer should be able to tie up the two transactions but you should have a chat with you lawyer and make apparent your expectations and requirements.
My husband and I are first time buyers - agreed a price, yet the agent told us that the owners will only go ahead if we appoint the agent's recommended lawyers as they want an ‘expedited deal’. We would rather use a local conveyancer accustomed to conveyancing in Lynmouth
It is improbable the vendors are behind this. If they require ‘a quick sale', alienating a genuine purchaser is is going to put the whole deal at risk. Speak to the vendors direct and make the point that (a)you are keen to buy (b)you are ready to go, with finances arranged © you do not need to sell (d) you intend to proceed fast (e)however you intend to use your preferred Lynmouth conveyancing lawyers - not the ones that will give the negotiator at the agency a commission or meet his conveyancing figures pre-set by senior management.
I have miscalculated my finances and am a couple of thousand pounds short a 10% deposit on my flat purchase in Lynmouth , but I am keen proceed. What can I do?
You can agree a lesser deposit. Most sellers will agree to a smaller deposit or even no deposit for a first time buyer or 100% mortgage. Be aware though that if you fail to complete you will still need to hand over a minimum of 10% of the purchase price regardless of how much deposit was agreed.
You can also agree a simultaneous exchange and completion as no deposit is required for this however neither party will be tied in until completion actually takes place and it can be risky if sellers change their mind at the last minute