| Checking Your Paperwork |
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Don't get caught out by missing paperwork. While you’re waiting to list your property, it’s a great time to complete your Property Information Forms and gather all the necessary documents your conveyancing specialist tells you to get. That way, if… |
| Checking Your Paperwork |
|
Don't get caught out by missing paperwork. While you’re waiting to list your property, it’s a great time to complete your Property Information Forms and gather all the necessary documents your conveyancing specialist tells you to get. That way, if anything is missing, you’ll have plenty of time to sort it out. |
| Things Which Can Hold Up Your Sale or Cause It To Fall Through. |
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Not Completing Forms Promptly. Delays often occur simply because sellers take too long to complete:
Completing these forms early can save weeks. |
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Missing Paperwork and Documents One of the most common causes of delay is missing documentation. Buyers' solicitors will often request:
If these documents cannot be found, additional enquiries and indemnity insurance may be required, causing delays. |
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Unapproved Alterations and Extensions Many homeowners have:
If the correct planning permission or building regulations approval was not obtained, buyers may become nervous, lenders may raise concerns, and solicitors may struggle to proceed. This can result in:
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Leasehold Problems Leasehold properties are often slower to sell than freehold homes due to additional information that needs to be obtained. Common issues include:
A short lease in particular can make it difficult for buyers to obtain a mortgage. |
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5. Boundary Disputes
Even minor disagreements can make buyers think twice about proceeding. |
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Title Defects Problems can arise where there are issues with the property's legal title, such as:
Resolving title defects can take weeks or even months. |
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Lack of Access Rights Some properties rely on:
If legal rights are missing or unclear, lenders may refuse to lend until the issue is resolved. |
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Delays in Property Searches Searches carried out by the buyer's solicitor can reveal issues including:
Some local authorities also have lengthy turnaround times, causing significant delays. |
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Anti-Money Laundering (AML) Checks Solicitors are legally required to verify:
Transactions can grind to a halt if buyers or sellers are unable to provide the necessary evidence quickly. |
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Probate and Estate Issues If the property is being sold following a death, delays can occur because:
In some cases, the property cannot legally be sold until probate has been obtained. |
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How to Reduce the Risk of Delays The best way to avoid conveyancing problems is to prepare your home before it goes on the market. Consider: ✔ Instructing a solicitor early. |
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Who To Use Some people use specialist Property Lawyers or licensed conveyancers, others prefer Solicitors, whichever you choose, make sure you get them involved before your home goes on the market. Having a good legal representative in your contacts list is really important as they can make the difference in how quickly your sale progresses and how effectively any legal issues on your sale or purchase are resolved. Now is a great time to start reaching out to some local firms to find out who you want to use. |