Why do I have to pay up front for my conveyancing in Baguley?
If you are buying a property in Baguley your solicitor will ask you to provide them with funds to cover the search fees. Normally this is needed to cover the fees of the Local Authority Search. When the deposit is payable against the sale price then this should be needed immediately prior to exchange of contracts. The final balance that is due should be transferred a couple of days ahead of the completion date.
I am told that my conveyancing solicitors will need to check that the building insurance for my purchase of a house in Baguley. My lender is Platform
Platform have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 5/2/2025, the requirements read as follows :
I have been told that property searches are a common reason for obstruction in Baguley conveyancing transactions. Is that correct?
The Council of Property Search Organisations (CoPSO) released findings of a review by MoveWithUs that conveyancing searches do not feature amongst the top 10 causes of hindrances in the conveyancing process. Local searches are not likely to feature in any delay in conveyancing in Baguley.
Despite weeks of looking the Title Certificate and documents to my property are lost. The lawyers who dealt with the conveyancing in Baguley 5 years ago are no longer around. What do I do?
Gone are the days when you need to have the physical deeds to establish that you own the land or premises, given that the Land Registry hold details of all registered land or property electronically.
How does conveyancing in Baguley differ for newly converted properties?
Most buyers of new build or newly converted property in Baguley approach us having been asked by the developer to exchange contracts and commit to the purchase even before the property is constructed. This is because builders in Baguley tend to 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 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 Baguley or who has acted in the same development.
I decided to have a survey carried out on a house in Baguley prior to appointing lawyers. I have been advised that there is a flying freehold aspect to the house. My surveyor has said that some lenders tend refuse to issue a mortgage on this type of property.
It depends who your proposed lender is. Lloyds has different instructions for example to Nationwide. If you contact us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Baguley. Conveyancing may be slightly more expensive based on your lender's requirements.