I am in a contract race with another buyer for a property in Mevagissey. What can I do to expedite matters?
In a situation where you are under time constraints for your conveyancing it is advisable to make sure that your lawyer is familiar with the area as they will have local relationships and intelligence. It is possible that they could have handled previoushouses in the same road. Therefore consider using a Mevagissey conveyancing firm. In addition, double check that the lawyer is on the on the approved list for your mortgage company. It is understood that nearly one in five of Mevagissey conveyancing deals are frustrated or derailed after finding out that a buyer’s solicitor was not on their mortgage lender’s list of approved solicitors. This can often result in the legal transfer of property being delayed by almost 21 days. It is understood that this issue affects approximately 100,000 home sales annually. Almost all Mevagissey conveyancing practices can not act for certain mortgage companies so do check at the outset.
I moved into my home on 1 June and the transaction details are still not on the land registry website. Should I be concerned? My conveyancing solicitor in Mevagissey said it would be dealt with inside ten days. Are titles in Mevagissey uniquely lengthy to register?
There is nothing unique about conveyancing in Mevagissey registration formalities. Rather than based on location, timescales can differ subject to who lodges the application, whether there are errors and if the Land registry must send notices to any interested parties. As of today roughly 80% of such applications are completed within two weeks but occasionally there can be protracted hold-ups. Historically registration occurs after the buyer is living at the property therefore an expedited registration is not usually top priority yet where it is urgent that the the registration takes place urgently then you or your conveyancer can contact the land registry and explain the circumstances.
I've recently found out that there is a flying freehold issue on a house I have offered on last month in what was supposed to be a straight forward, no chain conveyancing. Mevagissey is the location of the property. Can you shed any light on this issue?
Flying freeholds in Mevagissey are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Mevagissey you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Mevagissey may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
I have been pointed in your direction by numerous estate agents in Mevagissey to select a conveyancer on your site. What’s the financial inducement for Estate Agents to market your site over another?
We refuse to make any commission for directing people in our direction. We found it would be just too difficult to pay a commission as home movers will think, ‘Why is the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.
I need to appoint a conveyancing solicitor for my conveyancing in Mevagissey. I happened to discover a web site which appears to be the perfect offering If it is possible to get all this stuff done via phone that would be ideal. Should I be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?