I am buying a property mortgage free in Wheathampstead. I have lived for the previous twelve years in Wheathampstead. Conveyancing searches are exorbitant. Given that I know the area and road intimately should I not bother getting the solicitor to do all the conveyancing searches?
If you not getting a home loan, then all but one or two of the Wheathampstead conveyancing searches are optional. Your solicitor will try and steer you, no-doubt strongly, that you should have searches carried out, but he is duty bound to take that path of guidance. Do bear in mind; if you are intend to dispose of the house at a future date, it may be of interest to your prospective purchaser what the searches disclose. Sometimes properties with apparent issues can still show up unexpected search results. A competent conveyancing solicitor in Wheathampstead should be able to give you some sensible advice in this regard.
I am considering applying for a Nottingham mortgage for purchase of a newly converted (under development) in Wheathampstead with 70% LTV. Is it compulsory to choose a solicitor on the conveyancing panel for Nottingham ?
In theory, you could use a solicitor that is not on the Nottingham conveyancing panel, but Nottingham would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same transaction.
I completed on my flat on 2 September and the transaction details is yet to be on the land registry website. Should I be concerned? My conveyancing solicitor in Wheathampstead said it will be dealt with in a couple of weeks. Are titles in Wheathampstead particularly slow to register?
As far as conveyancing in Wheathampstead is concerned, registration is no quicker or slower than the rest of the country. Rather than based on location, timeframes can vary depending on who lodges the application, whether it is in order and if the Land registry need to notify any third parties. As of today approximately 80% of such applications are fully dealt with in less than three weeks but occasionally there can be extensive delays. Historically registration takes place after the purchaser has moved in to the premises thus registration formalities is not usually an essential issue but where there is a degree of urgency associated with the registration then you or your solicitor should speak with the land registry and explain the circumstances.
I have been advised by numerous selling agents in Wheathampstead to choose a property lawyer on your site. What’s the financial incentive for Estate Agents to offer your site ahead of a competitor’s?
We don’t make any commission for pointing buyers and sellers our way. We found it would be just too difficult to pay a commission because a client could think, ‘Why is the agent getting a kickback? Why aren’t I receiving any benefit too?’ So we decided to step away from that.
In my capacity as executor for the estate of my uncle I am selling a house in Swansea but I am based in Wheathampstead. My conveyancer (who is 300 miles from meneeds me to sign a stat dec before the transaction finalising. Could you suggest a conveyancing practitioner in Wheathampstead to attest and place their company stamp on the document?
Technically speaking you are unlikely to be required to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will be fine regardless of whether they are Wheathampstead based
What is the reason for my conveyancer requiring a list of items of ID ahead of starting selling or buying a property in Wheathampstead?
Wheathampstead lawyers are obliged by the Law Society, SRA, HM Land Registry and current Money Laundering legislation to certify that the have verified the identity of their clients. It is also sometimes a requirement of your bank where you are taking a mortgage. Furthermore they have to complete various forms, particularly those relating to Land Tax and need to have information such as your full names, NI number and DOB.