The deeds to our home can not be found. The conveyancers who conducted the conveyancing in Watlington 5 years ago have long since closed. Will I be able to sell the house?
These day there are copies made of almost everything, and your conveyancer should be aware exactly where to locate all the suitable documentation so you can buy or dispose of your house without a hitch. If duplicates are not available, your solicitor may be able to put in place insurance or indemnities against possible claims on the property.
How does conveyancing in Watlington differ for new build properties?
Most buyers of new build residence in Watlington come to us having been asked by the builder to exchange contracts and commit to the purchase even before the property is constructed. This is because house builders in Watlington usually acquire the land, 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 conveyancing solicitors 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 Watlington or who has acted in the same development.
I've recently found out that there is a flying freehold issue on a house I have offered on two weeks back in what was supposed to be a quick, chain free conveyancing. Watlington is where the house is located. Is there any advice you can impart?
Flying freeholds in Watlington are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Watlington you would need to get your solicitor to go through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Watlington may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
I am looking into buying my first house which is in Watlington and I am already nervous. I couldn't find anything specific about Watlington. Conveyancing will be needed in due course but do you know about the Watlington area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Watlington. In the meantime here are some basic statistics that we found
Am I best advised to use a Watlington conveyancing lawyer based in the location that I am buying? We have a good friend who can conduct the legal work but they are based approximately 350kilometers drive away.
The primary upside of using a local Watlington conveyancing firm is that you can pop in to sign paperwork, deliver your identification documents and apply pressure on them where appropriate. They will also have local insight which is a bonus. That being said nothing is more important than finding someone that will pull out all the stops for you. If you know people who instructed your friend and on the whole were happy that must outweigh using an unfamiliar Watlington conveyancing lawyer solely due to them being round the corner.