Do I need to have a meeting at the offices of the solicitor to sign the legal charge? If so, I will instruct a firm who offer conveyancing in Sudbury so that I can pop in to their offices if necessary.
As opposed to 15 years ago, the vast majority banks no longer need their conveyancing panel lawyer to witness the borrowers signature. It will still be necessary for you to hand over ID documents and there are still distinct advantages to choosing a locally based ayer, in your case a conveyancing solicitor in Sudbury.
Have purchased a a detached house in Sudbury , how long will it take for the Land Registry to register my ownership? My Sudbury conveyancing solicitor works at snail pace, so I want to check that my ownership is recorded.
As far as conveyancing in Sudbury registration is no quicker or slower than the rest of the country. Rather than based on location, timeframes can differ according to who lodges the application, whether there are errors and whether the Land registry have to notify any 3rd parties. As of today roughly 80% of submission are fully addressed within two weeks but occasionally there can be longer hold-ups. Registration is effected after the buyer has moved in to the premises thus 'speed' is not always top priority but if there is a degree of urgency associated with the registration then you or your solicitor can speak with the land registry and explain the circumstances.
How does conveyancing in Sudbury differ for new build properties?
Most buyers of new build premises in Sudbury come to us having been asked by the builder to sign contracts and commit to the purchase even before the premises is finished. This is because new home sellers in Sudbury 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 Sudbury or who has acted in the same development.
Yesterday I discovered that there is a flying freehold issue on a property I have offered on a fortnight ago in what was supposed to be a simple, chain free conveyancing. Sudbury is the location of the property. Is there any advice you can impart?
Flying freeholds in Sudbury are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Sudbury you must be sure that your lawyer goes 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 Sudbury 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 property.
I need to instruct a conveyancing solicitor for some conveyancing in Sudbury. I have land on a site which appears to be the perfect solution If it is possible to get all this stuff done via web that would be ideal. Should I be wary? What are the potential pitfalls?
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?
Are you able to shed any light on the scope of conveyancing provided by Sudbury conveyancing practices?
By and large Sudbury conveyancing firms manage to conduct various services to home and land owners, vendors, buyers, landlords and tenants and you can expect them to offer expert advice on some of the following services:
Private sale conveyancing in Sudbury and wider afield
Domestic purchase conveyancing in Sudbury and countrywide
Statutory Declarations Staircasing i.e. buying extra shares of a property that has been purchased through a shared ownership scheme Key worker schemes Transferring equity to add or remove owners