I am buying a right to buy a flat in Wraysbury. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Wraysbury you will have to appoint a solicitor on your lender's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Wraysbury.
It has been 2 months since my purchase conveyancing in Wraysbury took place. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £170,000. 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 Wraysbury differ for new build properties?
Most buyers of new build or newly converted property in Wraysbury come to us having been asked by the seller to exchange contracts and commit to the purchase even before the premises is ready to move into. This is because new home sellers in Wraysbury usually buy 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 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 accustomed to new build conveyancing in Wraysbury or who has acted in the same development.
Due to the encouragement of my in-laws I had a survey completed on a house in Wraysbury before appointing solicitors. I have been advised that there is a flying freehold overhang to the house. Our surveyor advised that some banks will refuse to give a loan on this type of premises.
It depends who your proposed lender is. Bank of Scotland has different requirements for example to Nationwide. If you call us we can look into this further with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Wraysbury. Conveyancing will be smoother if you use a solicitor in Wraysbury especially if they are accustomed to such properties in Wraysbury.
My husband and I are one month into a freehold purchase having been directed to a firm by the high street agent to perform conveyancing in Wraysbury. I am am extremely frustrated with the level of service. Could you help me find new lawyers?
They would need to be really poor to suggest replacing them. Has your loan offer been generated? If so you need to make them aware of the replacement solicitor and get the offer are issued to the new lawyers. Your new solicitor ideally should be on the mortgage company approved list to avoid supplemental fees and frustration. That should be your first question of the new conveyancers. Our search tool will help you find a bank approved lawyer for your conveyancing in Wraysbury