I am trying to find a fast solicitor in Wilton - is that your company?
Worryingly, a percentage of conveyancers are slow which causes additional stress to selling a home.
Homeward Legals property lawyers always communicate end to end throughout the chain property chain (sequence of buyers and sellers) and use the latest document and form assembly and technology systems to exchange on the sale without hitch.
How is contaminated land in Wilton identified when buying a property?
A broad range of contaminants caused by natural and human-influenced issues can spoil land in Wilton, such as limestone or gypsum quarrying. An environmental search will reveal this in more detail.
Is Wilton topsoil likely to remain contaminated by selenium?
Most soils in Wilton have some degree of contamination, from industry, agriculture and the natural environment . Also considering issues such as water contaminants such as phenols, contaminants affecting Wilton property will be factored into an environmental search.
If you are buying in Wilton, will we need a search for chancel liability?
Where land in Wilton was once owned by a lay-rector, new owners of that property may be obliged to subsidise upkeep of specific local church buildings. Liability has the potential to impact the value of a property, but insurance is available should an obligation to fund repairs be enforced. Church lands in the area include St Cuthbert, St George, St George's and St Mary & St Nicholas.
What is gazumping?
The convention of choosing to reject an accepted offer on a property when a better offer is made by a second buyer is known as gazumping. Though being gazumped is uncommon when property prices are falling, there is still a danger. Instructing a law firm early, and even before acceptance of an offer to handle your transaction should help to reduce the likelihood of gazumping.
Is there a benefit to going to auction over a standard estate agent sale?
The majority of homes sold via an estate agent will be in a reasonable condition and usually modernised, whereas auction properties will often require a lot of modernisation or structural work before it can be lived in. That’s not to say you can’t use either for your sale, of course, irrespective of the state of the property.
Whichever option you choose, you should line up a focused, proactive solicitor on a fixed-fee agreement protected by a ‘No Completion, No Fee’ guarantee. You should appoint them as early as possible, too, so that the conveyancing work can start immediately – this is particularly important for auctions, as there is usually a four-week completion stipulation on its sale.
At Homeward Legal, we offer you’re the best quality service on all types of sale and purchase, including auctions, for competitively low fees protected by our 'No Completion, No Fee' guarantee. Try our online quote calculator or call our team on 0800 038 6699.
When do we need to instruct a conveyancing solicitor to act on our purchase?
With a firm offering a 'no move, no fee' conveyancing quote, the earlier in the process you can instruct a conveyancing firm, the better. Instructing your solicitor earlier for a sale enables relevant information can be sourced sooner (this is particularly true for leasehold properties), whereas if you are buying you can shave days off the process by having the details of your instructed solicitor ready when you make an offer.
Can I withdraw my offer on a property at any time?
When you make an offer on a house that has been accepted by the vendor, you can ask them to take it off the market as part of the acceptance. If you are selling, you can show your intent by agreeing to remove it from other potential buyers’ interest.
As a buyer, you can withdraw your offer at any time (and, as a seller, you can reject an offer at any time) up to the exchange of contracts, which means you are now legally committed to go through with the transaction at the agreed price. You should check your contract with both the estate agent and your conveyancing solicitor as there may be fees and other penalties associated with pulling out of the transaction after the offer was initially agreed.
If you decide to withdraw from the contract after exchange, then you are in breach. This means, if you’re the buyer, the seller is entitled to keep whatever agreed sum has been set for the deposit, and could claim damages; as the seller, you will be liable to pay interest accrued during the Notice to Complete period as well as the deposit, and the potential for claiming losses, and the buyer has to return everything about the property at the seller’s expense.