The Sawston conveyancing lawyers that I appointed last week on my purchase in Sawston have without warning closed. They were on acting for me because I needed a firm on the Bank of Ireland conveyancing panel and my family Sawston lawyer was not. I issued them a cheque for two hundred pounds in advance. What should be my next steps?
Assuming that you have an Estate Agent in the equation then inform them immediately so that they advise the vendors that there may be a slight delay due to reasons beyond your control. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Bank of Ireland conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers should be in a position to help.
What will a local search reveal concerning the property we're buying in Sawston?
Sawston conveyancing often commences with the applying for local authority searches directly from your local Authority or through a personal search organisations for instance PSG The local search is essential in every Sawston conveyancing purchase; that is if you wish to avoid any nasty surprises after you move into your new home. The search will supply data on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject areas.
3 months have gone by since my purchase conveyancing in Sawston concluded. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does conveyancing in Sawston differ for newly converted properties?
Most buyers of new build residence in Sawston contact us having been asked by the developer to sign contracts and commit to the purchase even before the residence is ready to move into. This is because builders in Sawston tend to acquire 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 used to new build conveyancing in Sawston or who has acted in the same development.
Are there any apps to help search for a Sawston law firm on the Birmingham Midshires conveyancing panel? I have wheels and am prepared to travel upto 25miles to meet the lawyer.
Feel free to make use of the facility on this website. Please choose the bank and your location and you will see a number of Sawston conveyancing lawyers based on proximity. We have listed some Sawston conveyancing firms towards the end of this page and you can contact them to see if they are on the Birmingham Midshires member panel