Forgive me if this question is silly but I am new to the home buying as FTB of a ground floor flat in Stocksbridge.Do I receive the keys to the property on completion from my solicitor? If this is the case, I will use a High Street conveyancing solicitor in Stocksbridge?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will electronically transfer the purchase money to the seller's lawyers, and shortly after the monies have arrived, you will be called to pick up the keys from the Estate Agents and start moving into the property. Usually this happens early afternoon.
What will a local search inform me regarding the house my wife and I purchasing in Stocksbridge?
Stocksbridge conveyancing often commences with the submitting local authority searches directly from local Authority or via a personal search organisations such as Xpress Legal The local search plays a central role in many a Stocksbridge conveyancing purchase; as long as you don’t want any unpleasant once you have moved into your new home. The search will supply information on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic headings.
How does conveyancing in Stocksbridge differ for new build properties?
Most buyers of new build or newly converted property in Stocksbridge approach us having been asked by the builder to exchange contracts and commit to the purchase even before the residence is finished. This is because builders in Stocksbridge typically purchase the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Stocksbridge or who has acted in the same development.