Can the conveyancing solicitors that you recommend carry out conveyancing in The Hale by way of an attended exchange?
There are a few conveyancing specialists who can conduct 24hr exchanges. Do contact us to secure a costs illustration and details as to dates.
Why do I have to pay up front for conveyancing in The Hale?
If you are buying a property in The Hale your solicitor will request that you to provide them with monies to cover the the cost of the conveyancing searches. This will be the total of the cost of the Local Authority Search. If any down payment is as part of the purchase price then this should be required immediately ahead of exchange of contracts. The final balance that is needed will be payable a few days prior to the day of completion.
I have been told that property searches are the main reason for stalling in The Hale conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) published determinations of research by MoveWithUs that conveyancing searches do not feature within the most frequent causes of delays in the conveyancing process. Local searches are unlikely to be the root cause of slowing down conveyancing in The Hale.
How does conveyancing in The Hale differ for newly converted properties?
Most buyers of new build premises in The Hale come to us having been asked by the builder to exchange contracts and commit to the purchase even before the premises is finished. This is because developers in The Hale tend to acquire 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 used to new build conveyancing in The Hale or who has acted in the same development.
Due to the encouragement of my in-laws I had a survey completed on a house in The Hale in advance of appointing solicitors. I have been advised that there is a flying freehold overhang to the property. The surveyor advised that some banks tend not issue a mortgage on this type of home.
It varies from the lender to lender. Santander has different instructions from Nationwide. If you call us we can investigate further via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in The Hale. Conveyancing may be slightly more expensive based on your lender's requirements.
How does the Landlord & Tenant Act 1954 affect my business premises in The Hale and how can your lawyers assist?
The particular law that you refer to affords security of tenure to business leaseholders, granting the dueness to apply to court for a continuation of occupancy when the lease reaches an end. There are limited grounds that a landlord can refuse a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. The Hale is one of our numerous areas of the UK in which the firms we work with are located