We are acquiring a brand new apartment in Aldborough Hatch and my solicitor is telling me that she has to the bank to reveal incentives from the seller. The Estate Agents are hassling me to sign contracts and I would rather not delay the conveyancing. Is my lawyer right?
You should not exchange unless you have been advised to do so by your solicitor. A precondition to being on a lender panel is to comply with the UK Finance Lenders’ Handbook conditions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
At what point does exchange of contracts occur in sale conveyancing in Aldborough Hatch and do I need to attend the lawyers branch?
If you are round the corner to our conveyancing solicitors in Aldborough Hatch you are welcome to come in to sign contracts. That being said, the law practices we recommend offer countrywide coverage for conveyancing and give as equally detailed and professional a job for you when dealing with you digitally. The signing of the purchase agreement is not the point of no return. Signing on the dotted line simply enables the conveyancer to exchange contracts at the appropriate time, which is ordinarily shortly after signing. The procedure is is usually a five minute process, although where an extended "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Aldborough Hatch)to be in the office available at the end of the phone to exchange contracts.
I have Fifty Six years left on my lease and require a lease extension for my flat in Aldborough Hatch. Conveyancing solicitors on the Virgin panel can deal with such extensions right?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing a mortgage then your lender may insist that the lease be extended before competition. Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 7/12/2025 the requirements read as follows :
I have justbeen informed that Arc property Solicitors have closed. They carried out my conveyancing in Aldborough Hatch for a purchase of a leasehold flat 12 months ago. How can I establish that my home is registered correctly in the name of the former proprietor?
The quickest method to see if the premises is in your name, you can make 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 Aldborough Hatch conveyancing specialists.
Am I right to be suspicious by brokers that I am dealing with are recommending an online conveyancing firm rather than a High Street Aldborough Hatch conveyancing firm?
As with lots of professional services, often referrals from relatives can be worth their weight in gold. Nevertheless there are lots of parties with a vested interest in a conveyancing transaction; estate agents, mortgage brokers and lenders might all suggest lawyers to instruct. Sometimes the solicitors might be known to one of the organisations as one of the best in their field, but sometimes there may be a commercial relationship behind the recommendation. You have the right to appoint your own conveyancer. However, bear in mind that most lenders have an approved list of solicitors you are obliged to use for the mortgage aspect of your transaction.