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18th May 2018
One in five people selling their home have had the sale fall through with more than two-thirds of...
Our solicitors carry out all the conveyancing work for your house move for a fixed fee.
You will not be charged any solicitors fees, if for any reason your transaction does not complete.
With local experience, our solicitors will lead you through the whole of your sale or purchase.
No additional fees whatsoever.
Successful conveyancing is as much about having a rounded understanding of the practicalities involved in buying and selling a property as it is about a thorough command of the legal process.
Below we feature some recent common questions asked by home movers.Q.
The lack of clarity surrounding this point catches out many buyers, and can leave them paying far more in conveyancing fees than they budgeted. Many firms promote 'the cheapest conveyancing quotes'. Unfortunately additional costs are often hiding in small print. Any costs needs to be fair and only come into force where your lawyer must perform additional tasks for you, which could not be anticipated at the start of the process. Get a quote using the Homeward Legal quote calculator for the property you are buying.Q.
Recently, a number of lenders have reduced the number of firms on their approved panel, potentially creating higher conveyancing costs for buyers. We, however, can act on behalf of most mortgage lenders.Q.
Conveyancing searches applied for by the UK conveyancer should also include a far more detailed search (Landmark) if required.
If you are still nervous you could contact a local resident.Q.
Conveyancing searches are a commonly-used bundle of queries carried out for the buyer. Buyers should be aware that, searches cover solely legal-related matters.Q.
There is no reason why a seller shouldn't carry out the conveyancing on your own. In reality however, a solicitor takes care of a huge number of exercises such as chasing missing documents or interpreting management accounts some of which require a skilled professional.
In addition legal practices will take out insurance cover that protects you in the event of any failures on the part of the solicitor.Q.
Wherever you are buying in the UK, the solicitor instructed to handle the transaction might recommend that a chancel search be ordered. In some areas of the UK, chancel repair may be apportioned on new owners of a property where Parochial Church Councils have not imposed the same liability on the last owners. It is not safe to rely on the historical behaviour of the parish council alone as a guide.Q.
Gazumping occurs when a property seller acknowledges an offer, then dismisses it, choosing instead a greater offer.
Though being gazumped is uncommon when property prices are falling, there is still a chance. Instructing a law firm early should help to mitigate this risk.
'Gazundering' is effectively the opposite of Gazumping and is not uncommon in the market once again. Gazundering is when a buyer reduces their offer at the contract negotiation phase usually during the conveyancing processQ.
If you are obtaining a mortgage, your lender will mandate a solicitor to get obtain a Local Authority Search (possibly an official search although some accept personal searches), an environmental search:, and perhaps specific local searches, like a Coal and Brine.Q.
Effort is made on a local and national level to remediate top-soil contamination. Land may also be contaminated by other sources, including groundwater contaminants like household chemicals and polychlorinated biphenyl (PCBs).Q.
In fact we prepare legal packs for vendors and often work for buyers and sellers at auction. Solicitors tend to encourage bidders to decide on a lawyer before the property auction date to allow enough time for a detailed report.
Following the date of the auction, your conveyancing lawyer will be focused on conclude the auction conveyancing process in less than 28 days as required by the terms of sale.Q.
Understandably, the first thing you want to know is a moving date. Even if you are not in a hurry, you ideally want a firm date to help you plan the move.
So this is a very common question and unfortunately a difficult one to answer at the outset of a transaction.
On average conveyancing takes around 2 months. However working closely with the right solicitor can dramatically speed things up. Although you are often at the mercy of the slowest link in the moving chain, a proactive solicitor will identify where these slow moving parties are and push them along.
The key thing you can do, as a buyer or seller, is to complete all of the necessary protocol forms as quickly as possible, make sure finance and survey formalities occur as early on as possible (lenders can really slow the process down) and help your solicitor respond to any questions raised by your buyer as quickly as you can.
Many solicitors would address this question by listing elements of the conveyancing process such as search and lender delays, as well as the sheer amount of work involved as reasons that protract the process.
In reality, many of these delays issues are foreseeable in as much as they occur all the time and a forward thinking lawyer will attack these issues early on.
If we were asked to give one tip that can save the process dragging on interminably it would be for leaseholders. If you are selling a leasehold property, apply to the Managing Agent for the Management Information Pack as soon as you start to market the property as some agents take weeks or even months to produce this.Q.
The key to faster conveyancing is to instruct a proactive, communicative property lawyer. However, there are several things you, as the purchaser, can also do to get moving sooner. These including, asking for property searches to be ordered immediately, responding to your property lawyer by phone, fax or email wherever possible and getting your mortgage offer in place.