Is it possible for conveyancing in St Mary Cray to be done within a month?
Where you are under a tight deadline for your conveyancing it is highly recommended that your lawyer is familiar with the area as they will benefit local relationships and know-how. It is even conceivable that they may have transacted otherproperties in the same road. You would be best advised to use a St Mary Cray conveyancing lawyer. In addition, be sure that the lawyer is on the on the approved list for your mortgage company. It is understood that just under twenty per cent of St Mary Cray conveyancing transactions are frustrated or jeopardised after discovering a buyer’s solicitor was not on their mortgage lender’s panel. In many cases this discovery resulted in the legal process being frustrated by almost three weeks. It is understood that this issue affects approximately one hundred thousand home sales every year. Most St Mary Cray conveyancing practices can not represent certain mortgage companies so do check as early as possible.
We see that you have a post code search directory identifying firms on the Lloyds conveyancing panel. Do firms pay you a commission if I instruct them for our own conveyancing in St Mary Cray?
We are a listing service only for law firms wishing to communicate if they are on the Lloyds conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in St Mary Cray.
Are there restrictive covenants that are commonly identified during conveyancing in St Mary Cray?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in St Mary Cray. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
How does conveyancing in St Mary Cray differ for newly converted properties?
Most buyers of new build residence in St Mary Cray contact us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the house is ready to move into. This is because house builders in St Mary Cray usually 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 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 St Mary Cray or who has acted in the same development.
I've recently found out that there is a flying freehold element on a property I have offered on last month in what should have been a simple, chain free conveyancing. St Mary Cray is the location of the property. What do you suggest?
Flying freeholds in St Mary Cray are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside St Mary Cray you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in St Mary Cray may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
In my capacity as executor for the estate of my aunt I am selling a property in Swansea but I am based in St Mary Cray. My conveyancer (who is 235 kilometers awayhas requested that I sign a statutory declaration before the transaction finalising. Can you recommend a conveyancing practitioner in St Mary Cray to attest and place their company stamp on the document?
Technically speaking you are unlikely to be required to have the documents attested by a conveyancing solicitor. Normally any notary public or solicitor will do regardless of whether they are located in St Mary Cray