Why do I have to pay up front for conveyancing in New Rossington?
If you are buying a property in New Rossington your lawyer will request that you place them with monies to cover the the cost of the conveyancing searches. This will be the total of the cost of the conveyancing searches. If any down payment is payable against the purchase price then this should be asked for immediately ahead of exchange of contracts. Any further balance that is due should be transferred a couple of days prior to the day of completion.
I have recentlyfound out that Arc property Solicitors have closed. They carried out my conveyancing in New Rossington for a purchase of a freehold house 9 months ago. How can I be sure that my home is not still registered in the name of the former proprietor?
The easiest way to check if the property is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of New Rossington conveyancing specialists.
Due to the encouragement of my in-laws I had a survey completed on a property in New Rossington in advance of instructing solicitors. I have been told that there is a flying freehold overhang to the property. Our surveyor advised that some mortgage companies will not issue a loan on such a premises.
It varies from the lender to lender. Lloyds has different instructions for example to Nationwide. If you call us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in New Rossington. Conveyancing may be slightly more expensive based on your lender's requirements.