Me and my fiancee are buying our first home. The solicitor has e-mailedto see if we wish to purchase extra conveyancing searches. Unfortunately we have no idea as to what's needed for conveyancing in Victoria Park
The range of Victoria Park conveyancing searches should be triggered based entirely on the premises, the location, the probability of any of these risks, your familiarity of the region and risks, your overall attitude to risk. What matters is that you adequately appreciate what information the searches could provide. You may then decide if you personally think you need that search. If unclear, ask the property lawyer to offer guidance.
Do conveyancers request money on account for conveyancing in Victoria Park?
If you are buying a property in Victoria Park your lawyer will request that you place them with monies to cover the search fees. This will be the total of the cost of the conveyancing searches. When the deposit is as part of the sale price then this should be required immediately prior to contracts are exchanged. The final balance that is needed should be sent to your lawyer shortly before completion.
I have been told that property searches are the main cause of stalling in Victoria Park conveyancing transactions. Is this right?
The Council of Property Search Organisations (CoPSO) published findings of research by MoveWithUs that conveyancing searches do not figure amongst the top 10 causes of delays in the conveyancing process. Searches are unlikely to be the root cause of holding up conveyancing in Victoria Park.
The deeds to my home are lost. The lawyers who conducted the conveyancing in Victoria Park 10 years ago are no longer around. Will I be able to sell the house?
Gone are the days when you need to hold title deeds to establish that you own the land or premises, given that the Land Registry hold details of all registered land or property electronically.
Do online conveyancing organisations do everything a local Victoria Park solicitor does or do I still need to employ a solicitor for the final stages for my conveyancing in Victoria Park?
If you instruct an online conveyancer they will undertake all the tasks your Victoria Park solicitor would cover.