The property market in Wolston is hotting up. What can I do to quicken up the legal process?

First, If you are under time constraints to sign contracts it is highly recommended that your conveyancer is familiar with the area as they will make use of local relationships and know-how. It is even conceivable that they could have handled previousproperties in the same neighbourhood. Therefore consider using a Wolston conveyancing firm. Second, double check that the lawyer is on the on the approved list for your mortgage company. It is understood that 18% of Wolston conveyancing transactions are held up or derailed after finding out that a buyer’s conveyancer was not on their banks member panel. In many cases this discovery resulted in the legal process being delayed by as much as 21 days. It is estimated that this issue affects approximately one hundred thousand home sales every year. Most Wolston conveyancing firms can not represent certain mortgage companies so do check as early as possible.

I just bought a property at auction in Wolston. Conveyancing is necessary. What happens now?

Having legally committed yourself to purchase you will need to retain a conveyancing practitioner as a matter of urgency as you are faced with a pending a fixed date to complete the purchase. Every auction property will ordinarily have a bespoke auction set of papers. This will include most,if not all of the paperwork that your lawyer requires. If you have purchased leasehold property the legal pack should contain a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork specific to leasehold premises. You must pass this on to the solicitor working for you ASAP. You also need to ensure that that you have the requisite funding organised to complete on the on the contractual date .

A relative advised me that in buying a property in Wolston there may be a number of restrictions preventing external changes to the property. Is this right?

There are a number of properties in Wolston which have some sort of restriction or requirement of consent to carry out external variations. Part of the conveyancing in Wolston should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.

I am expecting a AIP from Principality this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Principality recommend any Wolston solicitors on the Principality conveyancing panel, or is it better to go independently?

You will need to appoint Wolston solicitors independently although you'll need to choose one on the Principality conveyancing panel. The solicitor represents both you and Principality through the process.

2 months have gone by since my purchase conveyancing in Wolston took place. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £180,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

We are one month into a leasehold purchase having been directed to solicitors by the high street agent to do our conveyancing in Wolston. I am not happy. Can you help me find new solicitors?

A conveyancer would need to be very poor in order to consider replacing them. Has your mortgage offer been generated? In the event that it has you must make them aware of the new contact details and ensure the mortgage documents are re-sent. The conveyancer needs to be on the lenders panel to avoid escalating fees and frustration. So that should be your starting point. Our find a solicitor tool should help you find a lender approved solicitor for your home move in Wolston

Is planning permission necessary to convert a house into a couple of flats in Wolston? This has taken place to a property adjacent to my home in Wolston and was unaware of the conversion until after the works were done.

Planning consent is needed for converting a single dwelling in Wolston into flats but probably not for reverting once again to single dwelling-house so, simply put, yes,a it is required.