Is it possible for conveyancing in Overton to be done in less than two weeks?

Where the seller is applying time constraints for your conveyancing it is highly recommended that your solicitor is familiar with the area as they will benefit local relationships and knowledge. It is possible that they may have handled otherhomes in the same street. You would be best advised to use a Overton conveyancing firm. In addition, check that the conveyancing firm is on the member panel. It is claimed that nearly one in five of Overton conveyancing transactions are suspended or derailed after discovering a buyer’s solicitor was not on their mortgage lender’s panel. This can often result in the home move being held up by almost three weeks. It is understood that this issue impacts approximately 100,000 home moves annually. Many Overton conveyancing firms can not represent certain banks so do check at the outset.

I just bought a flat at auction in Overton. Conveyancing is needed. What happens now?

Now that you are for all intents and purposes signed on the dotted line you should instruct a conveyancing lawyer soon as you are faced with a fast approaching a drop dead date to complete the deal. All auction property will have a corresponding legal set of papers. This will include evidence of title and search results. If you have purchased leasehold premises the auction pack may include a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork specific to a leasehold property. You should pass this on to the lawyer working for you as soon as possible. You also need to ensure that you have funds in order to complete on the date specified in the contract.

After much negotiation I have agreed a price on a house in Overton. My mortgage broker suggested a solicitor. I paid an advanced payment of £175. A few days later, the solicitor contacted me sheepishly admitting that they were not on the RBS conveyancing panel. Am I right in thinking that I should be due a refund?

You should be able to recover this from the law firm if they were not on the RBS panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.

Santander have agreed my home loan in principle, my bid on a house in Overton has been agreed to, what happens next?

Your property agent will need to know who your solicitors are (ensure that the property lawyers are on the bank’s panel). Call up Santander or the financial adviser and finish off any relevant documentation. Santander will appoint a valuer who will get in touch with the estate agent or vendor to arrange an appointment. Once conducted (assuming no problems) it takes about ten days to receive the mortgage offer. Santander will send the offer to you and your solicitors. The transaction will then take it’s course according the nature and complexity of the conveyancing in Overton.

I require expedited conveyancing in Overton as I am faced with an ultimatum to sign on the dotted line inside one month. Thankfully I do not require a mortgage. Can I decline from having conveyancing searches to save fees and time?

As you are not taking a mortgage you are at free not to do searches although no conveyancer would advise that you don't. Drawing on years of experience of conveyancing in Overton the following are examples of what can be revealed and adversely impact future mortgageability: Refused Planning Applications, Outstanding Fees, Overdue Grants, Road Schemes,...

My company is wishing to take an assignment of a lease of an office on a shopping parade. Can you recommend lawyers offering no-sale-no fees for non-domestic conveyancing in Overton for under £1,200?

We can recommend firms who have an in-depth of experience of commercial conveyancing in Overton, including the sale and acquisition of businesses as well as simply premises. If you are intending to acquire or sell a shop, pub, restaurant, office, retail unit or a whole business we can put you in touch with the right firm. Regarding the fees this will depend on the structure and terms of the deal. Let us have your contact information or telephone so as to enable us to furnish you with comprehensive commercial conveyancing quote.

Having had my offer accepted I require leasehold conveyancing in Overton. Before diving in I would like to find out the number of years remaining on the lease.

Assuming the lease is registered - and most are in Overton - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

I am the registered owner of a garden flat in Overton, conveyancing formalities finalised in 2006. Can you please calculate a probable premium for a statutory lease extension? Comparable properties in Overton with an extended lease are worth £265,000. The ground rent is £50 levied per year. The lease expires on 21st October 2102

With 76 years unexpired the likely cost is going to be between £8,600 and £9,800 plus professional fees.

The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of detailed due diligence. You should not use this information in tribunal or court proceedings. There may be other concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not move forward based on this information without first seeking the advice of a professional.