I am in a contract race with another prospective purchaser for a property in Chadwell St Mary. What can I do to expedite matters?
Where you are under pressure to exchange it is advisable to make sure that your conveyancer is familiar with the location as they will benefit local connections and knowledge. It is possible that they may have transacted otherhomes in the same road. You would be best advised to use a Chadwell St Mary conveyancing solicitor. In addition, ensure that the conveyancing firm is on the on the approved list for your mortgage company. It is understood that 18% of Chadwell St Mary conveyancing transactions are frustrated or derailed after discovering a purchaser’s lawyer was not on their banks list of approved solicitors. In many cases this discovery resulted in the conveyancing being frustrated by an average of three weeks. It is believed that this issue impacts approximately one hundred thousand home moves every year. Many Chadwell St Mary conveyancing practices can not act for certain banks so do check as early as possible.
As someone not used to conveyancing in Chadwell St Mary what is your top tip you can impart concerning the house moving process in Chadwell St Mary
Not many law firms shout this from the rooftops but conveyancing in Chadwell St Mary or throughout Essex is often a confrontational experience. Put another way, when it comes to conveyancing there exists lots of opportunity for conflict between you and other parties involved in the home moving process. E.g., the vendor, property agent and even potentially the mortgage company. Selecting a solicitor for your conveyancing in Chadwell St Mary an important selection as your conveyancer is your adviser, and is the ONE person in the process whose role it is to protect your legal interests and to keep you safe.
There is a distinct creep of a "blame" culture- someone has to be blamed for the process taking so long. We recommend that you must always trust your lawyer above the other parties when it comes to the legal assignment of property.
Should commercial conveyancing searches reveal planned roadworks that may affect a commercial premises in Chadwell St Mary?
Many commercial conveyancing solicitors in Chadwell St Mary will perform a SiteSolutions Highways report as it reduces the time that conveyancers spend in sourcing accurate data on highways that impact buildings and development assets in Chadwell St Mary. The report sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Chadwell St Mary.
For every commercial conveyancing transaction in Chadwell St Mary it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately may result in delays to Chadwell St Mary commercial conveyancing transactions as well as present a risk to future intentions for the site. These searches are not ordered for domestic conveyancing in Chadwell St Mary.
I purchased a 4 bedroom Victorian property in Chadwell St Mary. Conveyancing solicitor acted for me and The Mortgage Works. I did a free Land Registry search last week and there are two entries: the first freehold, the second leasehold under the exact same property. I'd like to know for sure, how can I find out??
You should read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Chadwell St Mary and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also enquire as to the position with the conveyancing lawyer who conducted the conveyancing.
How does conveyancing in Chadwell St Mary differ for new build properties?
Most buyers of new build property in Chadwell St Mary come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the premises is finished. This is because builders in Chadwell St Mary 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 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 used to new build conveyancing in Chadwell St Mary or who has acted in the same development.
My uncle has suggested that I appoint his conveyancing solicitors in Chadwell St Mary. Do I follow his guidance?
No doubt it’s preferable to select a conveyancing lawyer is to have feedback from friends or relatives who have actually used the firm you're contemplating using.