When can the exchange of contracts take place for purchase conveyancing in East Grinstead and am I required to be at the solicitors office?
If you are in close proximity to our conveyancing solicitors in East Grinstead you are invited in to sign documents. That being said, the firms we recommend provide countrywide coverage for conveyancing and provide just as diligent and professional a job for you when dealing with you digitally. The executing of the contract is not when everything is set in stone. Signing on the dotted line simply enables the conveyancer to exchange contracts at the appropriate time, which is ordinarily shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where a lengthy "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in East Grinstead)to be in the office available at the end of the phone to exchange contracts.
Will our lawyer be raising enquiries concerning flooding during the conveyancing in East Grinstead.
Flooding is a growing risk for solicitors carrying out conveyancing in East Grinstead. There are those who acquire a property in East Grinstead, fully expectant that at some time, it may be flooded. However, aside from the physical damage, if a house is at risk of flooding, it may be difficult to get a mortgage, satisfactory insurance cover, or sell the premises. Steps can be carried out during the course of a house purchase to forewarn the purchaser.
Solicitors are not best placed to impart advice on flood risk, however there are a number of searches that may be carried out by the purchaser or by their lawyers which will give them a better appreciation of the risks in East Grinstead. The conventional set of completed inquiry forms given to a buyer’s conveyancer (where the Conveyancing Protocol is adopted) contains a standard question of the seller to discover whether the property has suffered from flooding. If the premises has been flooded in past which is not notified by the owner, then a buyer could issue a compensation claim stemming from an incorrect response. A purchaser’s solicitors should also commission an environmental search. This should disclose whether there is any known flood risk. If so, additional inquiries will need to be made.
Due to the guidance of my in-laws I had a survey completed on a house in East Grinstead before retaining lawyers. I have been told that there is a flying freehold element to the property. Our surveyor has said that some banks will refuse to issue a loan on a flying freehold property.
It depends who your proposed lender is. Bank of Scotland has different requirements from Nationwide. If you call us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in East Grinstead. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in East Grinstead to see if the conveyancing will be more expensive.
What does commercial conveyancing in East Grinstead cover?
Non domestic conveyancing in East Grinstead covers a broad array of services, supplied by regulated solicitors, relating to business property. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.
Living abroad it is not practicable to attend my East Grinstead conveyancing practitioners office to execute documents for conveyancing in East Grinstead – is this a problem?
Not a problem. East Grinstead conveyancing lawyers can deal with conveyancing transactions for clients throughout the rest of the country. It is not necessary for you to be able to meet your lawyer in the flesh at a East Grinstead conveyancers office. They can undertake all communications via phone, post and email - whatever works for you.