I am in a contract race with another prospective purchaser for a property in Ashford. What can I do to hasten the legal process?
In the event that you are under a tight deadline to complete it is highly recommended that your conveyancer is familiar with the location as they will make use of local contacts and insight. It is even conceivable that they would have handled otherproperties in the same street. You would be best advised to use a Ashford conveyancing lawyer. Second, check that the lawyer is on the member panel. It is believed that nearly one in five of Ashford conveyancing transactions are delayed or derailed after finding out that a buyer’s conveyancer was not on their banks member panel. In many cases this discovery resulted in the legal transfer of property being delayed by as much as three weeks. It is said that this issue impacts in the region of one hundred thousand home moves annually. Many Ashford conveyancing firms can not represent certain lenders so do check at the outset.
This question may be naive but I am wet behind the ears as a 1st time purchaser of a two bedroom flat in Ashford.Do I pick up the keys to the house on the completion date from my solicitor? If so, I will instruct a local conveyancing solicitor in Ashford?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will electronically transfer the completion advance to the seller's lawyers, and shortly after the monies have arrived, you will be invited to receive the keys from the Estate Agents and move into your new home. Usually this happens between 1 and 3pm.
three months have elapsed following my purchase conveyancing in Ashford took place. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.