Various internet forums that I have visited warn that are the number one cause of obstruction in Rocester conveyancing transactions. Is that correct?
The Council of Property Search Organisations (CoPSO) released conclusions of research by MoveWithUs that conveyancing searches do not feature amongst the common causes of delays during the legal transfer of property. Searches are not likely to feature in any holding up conveyancing in Rocester.
I have justdiscovered that Wolstenholmes have closed. They conducted my conveyancing in Rocester for a purchase of a leasehold flat 12 months ago. How can I be sure that the property is not still registered in the name of the previous owner?
The quickest way to check 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 Rocester conveyancing specialists.
How does conveyancing in Rocester differ for new build properties?
Most buyers of new build residence in Rocester contact us having been asked by the housebuilder to sign contracts and commit to the purchase even before the residence is completed. This is because house builders in Rocester tend to buy the real estate, 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 conveyancers 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 accustomed to new build conveyancing in Rocester or who has acted in the same development.
Over the last few months I have been searching for a leasehold apartment up to £195,000 and found one near me in Rocester I like with a park and transport links nearby, however it only has 52 years on the lease. I can't really find anything else in Rocester for this price, so just wondered if I would be making a grave error purchasing a short lease?
If you need a mortgage the shortness of the lease will likely be an issue. Reduce the offer by the expected lease extension will cost if not already taken into account. If the current owner has owned the property for a minimum of 2 years you can ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor about this.
Are there any apps to help identify a Rocester law firm on the Bank of Scotland conveyancing panel? I am a keen cyclist and am happy to travel upto 10kilometers to meet the lawyer.
You can use the search on this website. Please pick a bank and your location and you will see a number of Rocester conveyancing lawyers located nearest you. We have listed some Rocester conveyancing firms at the bottom of this page and you can contact them to verify if they are on the Bank of Scotland member panel