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Recently asked questions about conveyancing in Whitton

Should conveyancers ask for money on account when it comes to conveyancing in Whitton?

If you are buying a property in Whitton your lawyer will ask you to provide them with funds to cover the the cost of the conveyancing searches. This will be the total of the cost of the conveyancing searches. If any down payment is as part of the purchase price then this should be asked for shortly ahead of contracts are exchanged. Any further balance that is due will be payable shortly before completion.

Just bought a detached house in Whitton , What is the estimated time for the Land Registry to register my ownership? My Whitton conveyancing solicitor has been very slow, so I want to be certain the land registry aspects are concluded.

As far as conveyancing in Whitton is concerned, registration is no faster or slower than the rest of the country. As opposed to being determined by geographic area, timeframes can vary according to the party submitting the application, whether there are errors and whether the Land registry must send notices to any interested persons or bodies. At present approximately three quarters of submission are fully dealt with within 12 days but some can be subject to protracted hold-ups. Historically registration takes place after the buyer is living at the property thus 'speed' is not typically primary concern but where there is a degree of urgency associated with the registration then you or your conveyancer could speak with the land registry and explain the circumstances.

How does conveyancing in Whitton differ for new build properties?

Most buyers of new build premises in Whitton come to us having been asked by the builder to exchange contracts and commit to the purchase even before the premises is finished. This is because house builders in Whitton usually acquire 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 Whitton or who has acted in the same development.

I've recently found out that there is a flying freehold element on a property I put an offer in last month in what should have been a straight forward, chain free conveyancing. Whitton is the location of the property. Can you shed any light on this issue?

Flying freeholds in Whitton are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Whitton you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Whitton may determine 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 property.

What does commercial conveyancing in Whitton cover?

Non domestic conveyancing in Whitton covers a wide array of advice, offered by qualified solicitors, relating to business property. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.

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Find out more about how flying freehold can affect your the value of a property.