We are due to exchange buying a property in Watlington but as a result of damage from a small fire at the property I have managed to agree reparation from the seller of £2k taking the form of a deduction in the price. I had intended this to be dealt with as part of the conveyancing process but Leeds Building Society will not agree to this. Why were they involved?
Your lawyer being on the Leeds Building Society conveyancing panel is duty bound to advise Leeds Building Society of any variations to the sale price. If you were to refuse your conveyancing practitioner to disclose the price change to Leeds Building Society then they would have to discontinue acting for you. In addition, Leeds Building Society and you would have to appoint a new conveyancing practitioner for your conveyancing in Watlington.
Can your site be used to find a Conveyancing solicitor in Watlington even if I’m not purchasing or disposing of a house, for example where I want to acquire an office in Watlington with a loan from National Westminster Bank?
Our search tool is predominantly there to find domestic conveyancing solicitors in Watlington but we have listed towards the end of this page a selection of Watlington commercial conveyancing firms. You should enquire with the solicitors directly to check if they are also authorised to represent National Westminster Bank
Will our solicitor be raising questions concerning flooding during the conveyancing in Watlington.
The risk of flooding is if increasing concern for solicitors carrying out conveyancing in Watlington. Plenty of people will acquire a property in Watlington, fully aware that at some time, it may be flooded. However, aside from the physical destruction, where a house is at risk of flooding, it may be difficult to obtain a mortgage, satisfactory building insurance, or sell the premises. There are steps that can be taken as part of the conveyancing process to forewarn the purchaser.
Lawyers are not best placed to give advice on flood risk, but there are a various checks that may be undertaken by the buyer or on a buyer’s behalf which should figure out the risks in Watlington. The standard information supplied to a buyer’s solicitor (where the solicitors are adopting what is known as the Conveyancing Protocol) incorporates a usual question of the vendor to discover whether the property has suffered from flooding. In the event that the property has been flooded in past which is not disclosed by the seller, then a buyer could issue a compensation claim resulting from an inaccurate response. The purchaser’s solicitors will also carry out an environmental search. This will higlight if there is a recorded flood risk. If so, further inquiries should be conducted.
I bought my apartment on 14 May and the transaction details are still not on the land registry website. Should I be concerned? My conveyancing solicitor in Watlington said it should be concluded inside ten days. Are transfers in Watlington particularly slow to register?
As far as conveyancing in Watlington registration is no quicker or slower than anywhere else in England and Wales. As opposed to being determined by geographic area, timescales can differ according to the party submitting the application, whether it is in order and whether the Land registry communicate with any interested parties. At present approximately 80% of submission are completed in less than three weeks but occasionally there can be extensive hold-ups. Historically registration takes place once the purchaser is living at the premises so 'speed' is not usually top priority but where there is a degree of urgency associated with the registration then you or your conveyancer could contact the land registry and explain the circumstances.
My husband and I are new on the property ladder - agreed a price, yet the property agent has warned us that the seller will only move forward if we instruct the agent's preferred solicitors as they are insisting on an ‘expedited deal’. We would rather use a family conveyancer who is familiar with conveyancing in Watlington
It is unlikely the vendors are behind this. If they want ‘a quick sale', alienating a motivated buyer is going to damage their objectives. Speak to the owners direct and make sure they understand (a)you are keen to buy (b)you are ready to go, with finances in place © you have nothing to sell (d) you intend to proceed fast (e)but you will continue to appoint your preferred Watlington conveyancing lawyers - as opposed tothe ones that will give the estate agent a commission or hit his conveyancing thresholds pre-set by senior management.