Have purchased a a semi-detached house in Merseyside , how long will it take for the Land Registry to deal with the formalities evidencing my ownership? My Merseyside conveyancing solicitor has been very slow, so I want to be sure the registration is concluded.
As far as conveyancing in Merseyside registration is no faster or slower than the rest of the country. As opposed to being determined by geographic area, timeframes can vary according to the party submitting the application, whether there are errors and whether the Land registry have to notify any interested persons or bodies. As of today approximately 80% of submission are completed in less than three weeks but some can be subject to longer hold-ups. Registration takes place once the new owner has moved in to the property so an expedited registration is not usually primary concern yet where there is a degree of urgency associated with the registration then you or your conveyancer must communicate with the Registry to express the reasoning for an expedited registration.
How does conveyancing in Merseyside differ for new build properties?
Most buyers of new build or newly converted property in Merseyside come to us having been asked by the builder to sign contracts and commit to the purchase even before the premises is built. This is because developers in Merseyside tend to purchase 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 Merseyside or who has acted in the same development.
Is there anything unique about your site and alternative online quote calculators when it comes to conveyancing in Merseyside?
At this site obtain a fixed fee quote via a Solicitor or Licensed Conveyancer that appreciates the issues of your conveyancing in Merseyside. As opposed to estate agents and many comparison sites we are not in the business of charging firms a commission if you instruct them for your home move in Merseyside
Should I go with a Merseyside conveyancing solicitor in close proximity to the house I am purchasing? I have an old university friend who can conduct the conveyancing but his firm is located 200miles drive away.
The benefit of a local Merseyside conveyancing practice is that you can visit the firm to sign documents, hand in your ID and pester them if necessary. Having local Merseyside know how is a benefit. However nothing is more important than finding someone that will do a good and efficient job. If you know people who used your friend and they were happy that should trump using an unknown Merseyside conveyancing lawyer just because they are round the corner.
I am short of a 10% deposit on my flat purchase in Merseyside , but I am keen exchange. What can I do?
You can agree a smaller deposit. Most vendors will accept a lesser 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