Why do I have to pay up front for conveyancing in Woodcote Green?
If you are buying a property in Woodcote Green your lawyer will ask you place them with monies to cover the search fees. Generally this is called for to cover the fees of the Local Authority Search. When the down payment is as part of the sale price then this should be required immediately in advance of contracts are exchanged. The closing balance that is needed should be sent to your lawyer shortly before completion.
My lender has suggested solicitors on their panel based in Woodcote Green but I would rather use a conveyancing lawyer in Woodcote Green round the corner to me. Can you assist?
It is by no means the case that all Woodcote Green conveyancing solicitors are listed all lender’s conveyancing panel. Use our search tool to locate a Woodcote Green conveyancing solicitor on the on the lender panel.
2 months have gone by since my purchase conveyancing in Woodcote Green concluded. 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 asset 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 Woodcote Green differ for new build properties?
Most buyers of new build property in Woodcote Green approach us having been asked by the builder to exchange contracts and commit to the purchase even before the residence is finished. This is because new home sellers in Woodcote Green usually buy 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 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 Woodcote Green or who has acted in the same development.
We're FTB’s - had an offer accepted, but the agent told us that the seller will only issue a contract if we instruct the agent's preferred lawyers as they want a ‘quick sale’. Our preferred option is to instruct a local solicitor who is familiar with conveyancing in Woodcote Green
We suspect that the owner is unaware of this demand. Should the owner desire ‘a quick sale', turning down a genuine buyer is not the way to achieve this. Try to communicate with the owners directly and make the point that (a)you are keen to buy (b)you are excited to move forward, with finances in place © you are chain free (d) you intend to proceed fast (e)but you are going to instruct your preferred Woodcote Green conveyancing lawyers - not the ones that will give their negotiator at the agency a commission or hit his conveyancing thresholds demanded by corporate headquarters.