My husband and I are intent on purchasing residence in Waterbeach. My Conveyancer is not on the lender conveyancing list. Is it possible for me to continue with my Waterbeach conveyancing solicitor even though they are excluded from the bank list of approved lawyers?
You will need to use a conveyancer to deal with the legal work required when you need a mortgage to buy your property. The conveyancing practitioner will conduct all the necessary investigations on the property, make sure that you will be properly registered as the owner and ensure that all the necessary mortgage documentation is dealt with. One can instruct a Waterbeach conveyancing practitioner of your choice. However, if the conveyancing practitioner selected is not on the bank approved list further costs will be levied as separate legal representation will be need by the bank. Bank panel applications can be submitted, so provided your lawyer has not in the past sought membership they should take the opportunity to apply.
Should commercial conveyancing searches reveal impending roadworks that could affect a commercial site in Waterbeach?
Many commercial conveyancing solicitors in Waterbeach will perform a SiteSolutions Highways report as it reduces the time that conveyancers spend in sourcing accurate data on highways that impact buildings and development assets in Waterbeach. The search result provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Waterbeach.
For each commercial conveyancing transaction in Waterbeach it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately could cause delays to Waterbeach commercial conveyancing deals as well as present a risk to future intentions for the site. These searches are not carried out for residential conveyancing in Waterbeach.
It has been 3 months since my purchase conveyancing in Waterbeach took place. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £215,000. 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 residence 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 Waterbeach differ for newly converted properties?
Most buyers of new build premises in Waterbeach come to us having been asked by the developer to sign contracts and commit to the purchase even before the property is ready to move into. This is because builders in Waterbeach typically 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 Waterbeach or who has acted in the same development.
My business partner and I are looking to take an assignment of a lease of a shop on a shopping parade. Can you recommend conveyancers offering fixed fees for commercial conveyancing in Waterbeach for below 2k?
We are happy to recommend firms who have specialist knowledge of commercial conveyancing in Waterbeach, including the disposal and acquisition of businesses as well as simply premises. Whether you are intending to buy or sell a shop, pub, restaurant, office, retail premises or a whole business we can find you the right firm. Regarding the costs these will vary based on the structure and nuances of the deal. Let us have your details or telephone us so that we may supply you with comprehensive commercial conveyancing calculation.