At what point can the exchange of contracts occur in domestic conveyancing in Basingstoke and am I required to attend the solicitors office?
If you are near to one of the conveyancing solicitors in Basingstoke you are welcome to attend to sign documents. However, the firms we work with supply a countrywide conveyancing service and give as equally diligent and professional a job for you when dealing with you digitally. The executing of the purchase agreement is not the point of no return. A signed contract is just a prerequisite for the firm to exchange contracts when the time is right, which will usually be very shortly after signing. The exchange process is is usually a five minute process, although where a lengthy "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Basingstoke)to be in the office at the appropriate time.
Have completed on a a semi-detached house in Basingstoke , how long should it take for the Land Registry to record the transfer to my name? My Basingstoke conveyancing solicitor has been painfully slow, so I want to be sure that my name is registered.
As far as conveyancing in Basingstoke registration is no faster or slower than anywhere else in England and Wales. Rather than based on location, timeframes can adjust subject to the party submitting the application, whether there are errors and if the Land registry must send notices to any other persons or bodies. Currently roughly 80% of such applications are fully dealt with in less than three weeks but occasionally there can be protracted hold-ups. Registration takes place after the new owner has moved in to the property so post completion formalities is not usually an essential issue but where there is a degree of urgency associated with the registration then you or your conveyancer could speak with the land registry and explain the circumstances.
Over the last few months I have been searching for a ground for flat up to £195,000 and identified one close by in Basingstoke I like with a park and transport links in the vicinity, however it only has 61 years on the lease. There is not much else in Basingstoke for this price, so just wondered if I would be making a mistake acquiring a lease with such few years left?
If you need a home loan the shortness of the lease will likely be an issue. Discount the offer by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the property for at least 2 years you could request that they start the process of the extension and then assign it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should consult your conveyancing solicitor about this.