When will exchange of contracts occur in domestic conveyancing in Poundbury and am I required to be at the solicitors office?
Where you are in close proximity to our conveyancing solicitors in Poundbury you are invited in to sign the paperwork. However, the law practices we recommend offer a national conveyancing service and give as equally comprehensive and professional a job for you when communicating with you by post or email. The executing of the sale agreement is not the important part. A signed contract is just a prerequisite for the solicitor to exchange contracts when the time is right, which will usually be very shortly after signing. The procedure is nowadays normally dealt with by telephone and can be very rapid, although where an extended "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Poundbury)to be in the office available at the end of the phone to exchange contracts.
My partner and I are downsizing from our property in Poundbury and the buyers lawyers are claiming that there is a possibility that the property was built land that was not decontaminated. Any high street Poundbury conveyancer would know this is not the case. It does beg the question why the buyers are using a web based conveyancing practice rather than a conveyancing solicitor in Poundbury. Having lived in Poundbury for three years we know that this is a non issue. Is it a good idea to contact our local Authority to seek clarification that there is no issue.
It sounds as though you may have a conveyancing firm currently acting for you. What do they say? You should enquire of 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 illness)
How does conveyancing in Poundbury differ for new build properties?
Most buyers of new build residence in Poundbury approach us having been asked by the seller to sign contracts and commit to the purchase even before the property is finished. This is because builders in Poundbury usually acquire 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 Poundbury or who has acted in the same development.
I am looking for a leasehold apartment up to £235,500 and found one near me in Poundbury I like with a park and transport links in the vicinity, however it only has 49 years unexpired on the lease. There is not much else in Poundbury suitable, so just wondered if I would be making a mistake purchasing a short lease?
If you need a mortgage the remaining unexpired lease term will likely be an issue. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for a minimum of 2 years you may ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should consult your conveyancing solicitor concerning this matter.
My business partner and I are wishing to lease a unit on the high street. Can you recommend solicitors offering fixed costs for non-domestic conveyancing in Poundbury for under £2000?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Poundbury, including the sale and purchase of businesses as well as simply premises. Whether you are hoping to purchase or lease a shop, pub, restaurant, office, retail premises or a whole business we will put you in touch with the right lawyer. Regarding the charges these will vary based on the structure and nuances of the proposed transaction. Let us have your details or email so as to enable us to furnish you with a detailed commercial conveyancing quote.