I am purchasing a period flat in one of the conservation area in Woburn Sands. Where does one find more data relating to the state of repair?
Local Woburn Sands conservation areas are specified by Milton Keynes who preserve conservation area concerns from what can be developed to the stoppage of poorly maintained public spaces. English Heritage have produced records of the condition (poor to good) of conservation areas in Woburn Sands and throughout England in addition to the exposure to the area falling into disrepair.
If I’m putting my furniture and other things in storage, will the process take longer?
There shouldn’t be any reason why your move would take longer than a standard removal if you are pitting your belongings into storage. In fact, in some instances, it might be beneficial for the chain and your completion on the sale, since you are likely to incur fewer delays in the process because you can put your furniture and other things in storage before the event.
Whatever your plans, it’s worth mentioning them to your conveyancing solicitor so that they know the logistics on the day of completion, and may even be able to provide advice and pointers on what to consider before the day to ensure things move more smoothly.
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.
If we are purchasing in the parish of Cholesbury, do we need a chancel search?
Regardless of the Woburn Sands parish in which you are purchasing, the solicitor is likely to recommend that a chancel search is ordered. Although some Parochial Church Councils have decided to charge chancel repairs on owners of affected property, a conveyancing solicitor cannot verify that a parish in which lay rectors have not been expected to pay chancel repair dues recently will remain liability-free for new owners, so it can be difficult to use this as a guide.
We need to complete this leasehold property purchase as soon as possible, can we aim for fast legal work in Woburn Sands?
It is a truism that a fast conveyancing transaction is the key to is to use a communicative conveyancing solicitor. There are several things you, as the buyer, can do to accelerate the legal work. These include:
- organising your finances
- keeping in regular contact with your conveyancing solicitor
- promptly answering your conveyancing solicitor's questions