I am in a contract race with another prospective purchaser for a property in West Malling. What can I do to expedite matters?
First, If the seller is applying time constraints to sign contracts it is advisable to make sure that your conveyancer is familiar with the location as they will have local connections and knowledge. It is possible that they may have handled otherproperties in the same street. You would be best advised to use a West Malling conveyancing firm. Second, make sure that the lawyer is on the member panel. It is understood that just under twenty per cent of West Malling conveyancing deals are delayed or jeopardised after finding out that a buyer’s solicitor was not on their banks list of approved solicitors. In many cases this discovery resulted in the legal process being delayed by almost 21 days. It is understood that this issue affects in the region of one hundred thousand home sales every year. Almost all West Malling conveyancing practices can not represent certain banks so do check at the outset.
Should our solicitor be asking questions concerning flooding as part of the conveyancing in West Malling.
Flooding is a growing risk for conveyancers dealing with homes in West Malling. There are those who buy a property in West Malling, fully expectant that at some time, it may suffer from flooding. However, aside from the physical destruction, if a house is at risk of flooding, it may be difficult to obtain a mortgage, adequate building insurance, or dispose of the property. Steps can be carried out as part of the conveyancing process to forewarn the purchaser.
Solicitors are not best placed to give advice on flood risk, however there are a various searches that may be undertaken by the buyer or on a buyer’s behalf which should figure out the risks in West Malling. The standard property information forms supplied to a buyer’s solicitor (where the solicitors are adopting what is known as the Conveyancing Protocol) contains a usual inquiry of the vendor to discover if the premises has historically flooded. If flooding has previously occurred and is not notified by the owner, then a purchaser could bring a claim for damages resulting from an incorrect answer. A purchaser’s lawyers should also order an environmental search. This should disclose if there is a recorded flood risk. If so, more detailed investigations should be carried out.
I have recentlyfound out that Action Conveyancing have closed. They conducted my conveyancing in West Malling for a purchase of a freehold house 12 months ago. How can I establish that my home is registered correctly in the name of the previous owner?
The easiest method to see if the property is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of West Malling conveyancing specialists.
Due to the encouragement of my in-laws I had a survey completed on a house in West Malling prior to instructing lawyers. I have been informed that there is a flying freehold overhang to the house. Our surveyor advised that some mortgage companies may refuse to give a loan on this type of house.
It varies from the lender to lender. Santander has different requirements for example to Nationwide. Should you wish to call us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in West Malling. Conveyancing will be smoother if you use a solicitor in West Malling especially if they are familiar with such properties in West Malling.
I am a sole trader hoping to lease a unit on the high street. Can you recommend lawyers offering no-move-no fees for commercial conveyancing in West Malling for under 1500k?
We can recommend firms who host a wealth of experience of commercial conveyancing in West Malling, including the sale and acquisition of businesses as well as simply premises. Whether you are intending to purchase or dispose of a shop, pub, restaurant, office, retail unit or a complete business we will put you in touch with the right lawyer. Regarding the fees these will vary based on the structure and terms of the deal. Please provide us with your contact information or call us so that we can supply you with a fixed commercial conveyancing calculation.
What is the average legal costs for conveyancing in West Malling?
The average cost last year for conveyancing in West Malling was £1,419 excluding Land Tax and HMLR charges.