Should I accept an offer on my home if I haven’t found one to buy?
From your prospective buyer’s standpoint, they are not going to want to wait around for you to find somewhere to move to necessarily, meaning that they might drop out of the process to look for a property that is more readily available. However, you might want to have the discussion with your estate agent as to the best way to manage this as part of the process of putting your house on the market.
It’s not always going to be easy for everyone in the chain to have everything lined up from mortgage offers, sale price agreements, solicitors, surveys and so on. Therefore, you can be honest and tell your prospective buyer that, while you’re accepting the price, you haven’t completed your part in the chain; if they are unhappy with this, your other option is to consider a short-term rental or moving in with friends temporarily to protect the sale.
With our experienced solicitors at low, fixed-fee quotes with 'No Completion, No Fee' protection, Homeward Legal is in the best position to look after your conveyancing. Call us now on 0800 038 6699 to get started.
Please explain why the conveyancing process in Audley goes on for so long?
The Audley conveyancing process can experience delays for many reasons. Some delays are out of the solicitors' hands. We work hard to lessen the consequences of these delays by driving the transaction forward.
What are the benefits of an online solicitor against a high street firm?
Many commentators and bloggers have suggested that you get so much more from online conveyancers because they have access to state-of-the-art applications to manage their cases and use the latest communication technology.
However, there is nothing stopping high street conveyancing firms from adopting such technology. And they will have a wealth of experience and knowledge of the local area that they can bring to bear on your transaction.
It all comes down to what they offer and how they go about their business. You should get a selection of quotes and read through the terms and conditions in detail to understand the comparisons between what they offer and how much they are going to charge you for the service.
If you choose Homeward Legal, you not only get an experienced proactive solicitor but also access to the latest technology and local knowledge. Call us now on 0800 038 6699 to find out more.
Which local authority looks after Audley?
Audley is located in Newcastle-under-Lyme Council, Civic Offices, Merrial Street, Newcastle-under-Lyme ST5 2AG, Call: 01782 717 717
Is a deed of postponement passed on at cost?
Some firms hide additional costs as disbursements. It is not always obvious whether a cost is a fee or disbursement, and if it should be included. This charge is a fee not a disbursement, and should be included in your quote.
How does a Help to Buy scheme work for me?
This government-sponsored scheme aims to assist homebuyers with three ways of purchasing a property:
- Help to Buy ISA - if you are a first-time buyer and don’t own any other property (anywhere in the world), and you don’t have another cash ISA opened in the same tax year, when you buy your first home, the solicitor will apply for the government bonus on your behalf when closure of your Home to Buy ISA used to buy the property is confirmed.
- Help to Buy: Equity Loan - if you have no other property and are buying a newly-built home, the government will provide 20% of the cost of the house (up to a maximum of £600,000), leaving you with the saved 5% deposit and a 75% mortgage to cover the remainder. This is open to current homeowners and first-time buyers, and the home cannot be sublet nor can it be used in a part-exchange deal.
- Help to Buy: Shared Ownership - if your household earns less than £80,000, you could be eligible for this scheme, which allows you to buy between 25% and 75% of the home’s value, while the government pays the remainder on which you would then pay rent.
(information retrieved from HM Government’s Help to Buy website on 16 April 2019).
Contact the Money Advice Service, the government’s Help to Buy website, or your local ‘Help to Buy’ agent for more information.
We are using a local lender in Staffordshire, and need to know which Audley lenders your conveyancing solicitors work with. Whose panels are your solicitors on?
The Homeward Legal partnership can work closely with many lenders who are Council of Mortgage Lenders-approved. A number of mortgage specialists operate in Audley, such as Wood Kevin Mortgages Ltd, Hill Cr, Alsagers Bank, Stoke-On-Trent, ST7 8BG.