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Find a Thornhill Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Thornhill? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Thornhill transaction at risk of delay or failure.

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Recently asked questions about conveyancing in Thornhill

I am under pressure from the seller of a property in Thornhill to sign contracts within four weeks. What can be done to speed up the buying process?

In a situation where you are under a tight deadline to exchange it is advisable to make sure that your solicitor is familiar with the location as they will make use of local contacts and knowledge. It is possible that they may have handled previoushomes in the same street. You would be best advised to use a Thornhill conveyancing firm. In addition, double check that the conveyancing firm is on the on the approved list for your mortgage company. It is believed that 18% of Thornhill conveyancing deals are frustrated or derailed after discovering a buyer’s solicitor was not on their mortgage lender’s panel. In many cases this discovery resulted in the conveyancing being held up by as much as 21 days. It is estimated that this issue affects in the region of one hundred thousand home sales every year. Many Thornhill conveyancing firms can not represent certain mortgage companies so do check as early as possible.

A friend advised me that if I am buying in Thornhill I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. What does it cover?

This is a search is sometimes included in the estimate for your Thornhill conveyancing searches. It is a large report of more than thirty pages, listing and setting out important information about Thornhill around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Thornhill Education with maps and statistics, Local Amenities and other useful data regarding Thornhill.

It has been 2 months since my purchase conveyancing in Thornhill concluded. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £180,000. 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 premises 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.

Just had an offer accepted on a new build flat in Thornhill. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.

Set out below is a sample of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Thornhill

    Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Please supply a car parking plan.

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

If the lease is registered - and most are in Thornhill - then the leasehold title will always include the basic details 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.

Leasehold Conveyancing in Thornhill - Sample of Queries before Purchasing

    It would be sensible to discover if the the lease includes any adverse restrictions in the lease. For instance plenty of leases prohibit pets being permitted in certain buildings in Thornhill. If you like the apartmentin Thornhill yet your dog is not allowed to live with you then you will be faced difficult determination. Does this lease have in excess of 82 years unexpired? Please inform me if there are any major works in the near future that will increase the service costs?

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