After what seems like an age a loan offer from NatWest for the remortgage of my single bedroom garden flat is to be issued any day now. Are you able to suggest a cheap conveyancing lawyer in Arlesey?
You have come to the wrong site to search for the cheapest conveyancing in Arlesey. Our aim is to provide value for money conveyancing but our intention is not to advertise as being the cheapest. Avoid the trap of appointing companies offering the bait of ninety nine pound conveyancing in Arlesey. At best, in being led by cheap conveyancing, you will earn what you pay for and at worst it will result in you spending a lot in extras and still not receive the service required.
The vendors of the property we are looking to purchase hired a conveyancing firm in Arlesey who has recommended a lock out contract with a non-refundable deposit of 5k. Are such agreements sensible?
Exclusivity contracts are contracts between a property vendor and purchaser granting the buyer a ‘clear field’ to the sale of the premises within an agreed time frame. For all intents and purposes, an exclusivity is a document specifying that you should receive a contract at a later date which is the main conveyancing contract. It is generally used for buyer confidence though in many situations, the vendor may stand to benefit from such agreements as well. There are various positives and negatives to using them but you should to check with your solicitor but beware that it may end up incurring extra in conveyancing charges. In light of this these contracts are unusual when it comes to conveyancing in Arlesey.
4 months have gone by since my purchase conveyancing in Arlesey 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 residence 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 Arlesey differ for new build properties?
Most buyers of new build property in Arlesey approach us having been asked by the seller to sign contracts and commit to the purchase even before the property is built. This is because new home sellers in Arlesey typically buy the real estate, 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 Arlesey or who has acted in the same development.
I am looking for a ground for flat up to £235,500 and found one near me in Arlesey I like with a park and railway links nearby, however it only has 61 remaining years left on the lease. I can't really find anything else in Arlesey suitable, so just wondered if I would be making a grave error buying a short lease?
If you need a home loan that many years may be problematic. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the current owner has owned the property for a minimum of 2 years you may ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this.
I need to find a conveyancing solicitor for residential conveyancing in Arlesey. I've chance upon a site which seems to have the ideal solution If there is a chance to get all this stuff done via phone that would be preferable. Should I be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?