Is it possible for conveyancing in Christchurch to be finalised inside 28 days?
In the event that the seller is applying a tight deadline to complete it is highly recommended that your solicitor is familiar with the area as they will make use of local connections and knowledge. It is even conceivable that they could have handled previoushomes in the same street. Therefore consider using a Christchurch conveyancing solicitor. Second, be sure that the conveyancing firm is on the on the approved list for your mortgage company. It is said that 18% of Christchurch conveyancing transactions are held up or jeopardised after discovering a buyer’s solicitor was not on their banks member panel. This can often result in the conveyancing being held up by as much as three weeks. It is estimated that this issue affects approximately 100,000 home sales every year. Many Christchurch conveyancing firms can not act for certain lenders so do check as early as possible.
Yesterday I discovered that there is a flying freehold issue on a house I have offered on last month in what should have been a straight forward, no chain conveyancing. Christchurch is the location of the property. Can you offer any assistance?
Flying freeholds in Christchurch are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Christchurch you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Christchurch may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
My brother has suggested that I use his conveyancers in Christchurch. Should I choose my own property lawyer?
No doubt the best way to choose a conveyancing lawyer is to have referrals from friends or relatives who have actually used the firm that you are contemplating using.