Should I organize a private purchase of items on the Fixtures and Fittings form?
This would be very unwise as the Fixtures and Fittings Form (TA10) forms part of the contract, and it lists all the items that the seller is planning to leave at the property with an agreed price for anything they want money for.
To try to organise a private sale outside of this clear and controlled process may result in difficulties later on in the process, which is precisely why this form is in place. If you want something to remain that’s not listed on the Fixtures and Fittings Form, raise a query through your solicitor so that negotiations may be formally carried out.
Worried about what your responsibilities are in the legal side of your move? Let Homeward Legal help with their experience and low fixed fees. Call our team now on 0800 038 6699.
The current owner looks to have fitted satellite dishes to the flat in Feltwell which I think might possibly exclude local conservation area guidelines
Your instructed property solicitor will make enquiries to establish whether the property is within a conservation area and whether any modifications have necessary consents from the Kings Lynn and West Norfolk authority.
Are the doctors/dentists/schools oversubscribed in the area I want to move to?
Although your conveyancing solicitor may have some personal knowledge of these critical factors, they are not part of the conveyancing process, so will not form part of the contract.
If aspects such as how likely you’ll get into a surgery or school are important to you, it is worth factoring this in at an early stage when you are researching the areas into which you want to move. You can also glean some facts from the estate agent representing properties where you want to move, too. You might also like to contact the surgeries or schools for further information.
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How long will it take my designated property lawyer to complete the legal formalities on the lower floor of Thirties house we want to buy?
It can take anywhere between 3 weeks and three months, which can be affected by a number of factors like the efficiency of the seller's property solicitor, or whether your solicitor has to act for your lender.
Why is it silly to buy a leasehold with less than 99 years to run?
In large part, if a leasehold drops below 90 years, it’s because mortgage companies will not be willing to lend money to purchase the leasehold. They will almost certainly have a stipulation on the length of the leasehold as part of their criteria for lending.
Most buyers are very aware of this and the trend is for an insistence of the sellers to provide an extension back up to the 99-year or 125-year thresholds before considering its purchase. Otherwise, even if you can finance it, eventually you’ll have to consider the legal cost of extending the lease yourself.
We are intending to purchase a house in the parish of Little Cressingham. Is a chancel search necessary?
Regardless of the Feltwell parish you are purchasing in, the conveyancing lawyer may suggest that a chancel search is ordered. Through some Parochial Church Councils have exercised their right to charge chancel repairs on the owners of affected property, a conveyancing solicitor cannot verify that a parish which has not been subject to chancel liability in the past will not automatically be the case for future owners, so indemnity insurance may be advisable even if liability is unlikely.
What’s the difference between exchange of contracts and completion?
When you exchange contracts, this means that you are agreeing to all the terms drawn up within the contract made between you on one side of the transaction, and the opposite party on the other side. It is from this point that you are legally obliged to go through with the transaction (unless you want to be subject to financial and/or legal penalties).
The completion of contracts is the point where you officially take over ownership of the property, receive the keys and can move in. All monies are transferred between the various parties and the conveyancing solicitor contacts the Land Registry to register the change of ownership to you.
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Are your recommend solicitors able to complete within 28 days of exchange on the conveyancing for auction properties in Feltwell?
Indeed we specialise in auctions and commonly do the legal conveyancing buyers and sellers at auction. It is sensible for buyers at auction to formally appoint a local solicitor as fast as they can to allow sufficient time for an investigation of the legal documents before the day of the auction.
Subsequently, following the day of the auction your selected lawyer is utterly prepared for completing the legal side of things inside a as tight time frame as typically required by the terms if sale.