We are close to exchanging contracts on the sale of our property in Stanmore and the buyers lawyers are claiming that there is a risk of it being built on contaminated land. Any local conveyancer would know that there is no such problem. For the life of me I don't know why the purchasers used an internet conveyancing outfit as opposed to a conveyancing solicitor in Stanmore. We have lived in Stanmore for three years we know that this is a non issue. Do we get in touch with our local Authority to obtain confirmation that the buyers are looking for.
It would appear that you have a conveyancing firm already. Are they able to advise? You need to enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
I acquired my home on 11 February and the transaction details is yet to be registered. Any reason for this? My conveyancing solicitor in Stanmore advises it will be formalised in a couple of weeks. Are titles in Stanmore uniquely lengthy to register?
As far as conveyancing in Stanmore registration is no faster or slower than the rest of the country. As opposed to being determined by geographic area, timeframes can adjust depending on the party submitting the application, whether there are errors and if the Land registry need to notify any interested parties. Currently roughly 80% of submission are fully addressed in less than three weeks but occasionally there can be protracted hold-ups. Historically registration occurs once the purchaser has moved in to the property therefore post completion formalities is not usually top priority but if there is a degree of urgency associated with the registration then you or your solicitor must communicate with the Registry to express the reasoning for an expedited registration.
How does conveyancing in Stanmore differ for newly converted properties?
Most buyers of new build or newly converted property in Stanmore contact us having been asked by the builder to exchange contracts and commit to the purchase even before the residence is ready to move into. This is because house builders in Stanmore usually purchase 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 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 Stanmore or who has acted in the same development.
I have been on the look out for a leasehold apartment up to £305k and identified one near me in Stanmore I like with a park and railway links in the vicinity, the downside is that it's only got 51 years on the lease. There is not much else in Stanmore suitable, so just wondered if I would be making a grave error acquiring a short lease?
If you need a mortgage the shortness of the lease may be an issue. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the current proprietor has owned the property for a minimum of twenty four months you can request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing lawyer concerning this matter.
Is it possible to swap firm as I have to appoint a firm on the Alliance & Leicester conveyancing list. I was using a family conveyancing solicitor in Stanmore five minutes from me but the firm is not accepted by Alliance & Leicester
It would be our pleasure to help you find a conveyancing solicitor in Stanmore on the Alliance & Leicester panel. Please note that the property lawyers that we work with do not pay us a referral fee if you instruct them and are registered with the Solicitors Regulation Authority who oversee all conveyancing solicitors in Stanmore. Using the find a conveyancing solicitor tool on this page, you can compare and instruct different solicitors and conveyancers both nationally and in Stanmore.
Why is it not possible to complete our conveyancing in Stanmore on a bank holiday?
This is due to the fact that on completion the money needs to pass between the banks of the buyer and owner’s lawyer and at present this can only happen on a working day. So you can't complete on a weekend either.