We are acquiring our first property. The conveyancer has messagedto ask if we want to take out additional conveyancing searches. As novices we in the dark as to what's recommended for conveyancing in Thornton Heath

The type of Thornton Heath conveyancing searches depends primarily on the premises, the location, the likelihood of any of these risks, your knowledge of the locality and risks, your general appetite to risk. What matters is that you properly appreciate what information the searches could give you. Then you can make a decision if you personally think you need that information. Should you be in doubt, ask the conveyancer to explain.

When will exchange of contracts happen for purchase conveyancing in Thornton Heath and am I required to be at the solicitors branch?

Where you are local to our conveyancing solicitors in Thornton Heath you are welcome to come in to sign contracts. That being said, the firms we work with offer a countrywide conveyancing service and provide as equally comprehensive and professional a job for you when dealing with you digitally. The signing of the sale agreement is not the critical part. Signing on the dotted line simply enables the firm to officially exchange when the time is right, which is ordinarily shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where an extended "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Thornton Heath)to be in the office available at the end of the phone to exchange contracts.

How does conveyancing in Thornton Heath differ for new build properties?

Most buyers of new build residence in Thornton Heath contact us having been asked by the developer to sign contracts and commit to the purchase even before the premises is ready to move into. This is because house builders in Thornton Heath tend to purchase the site, 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 property lawyers 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 Thornton Heath or who has acted in the same development.

I have been on the look out for a leasehold apartment up to £195,000 and identified one close by in Thornton Heath I like with open areas and station in the vicinity, however it only has 52 remaining years left on the lease. I can't really find anything else in Thornton Heath for this price, so just wondered if I would be making a mistake buying a short lease?

Should you require a home loan the shortness of the lease will likely be problematic. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the premises for at least 2 years you may ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease with a zero ground rent applied. You should consult your conveyancing solicitor regarding this.

Is there anything unique about your site and alternative internet conveyancing solicitors for conveyancing in Thornton Heath?

At this site receive an accurate quote from a Solicitor or Licensed Conveyancer that has a full understanding of the issues for your conveyancing in Thornton Heath. As opposed to estate agents and many comparison sites we do not have kick-back deals with solicitors. Many agents and online brokers 'recommend' solicitors that pays the highest commission, as opposed to the best value conveyancing in Thornton Heath