At what point does exchange of contracts happen for domestic conveyancing in Botany Bay and do I need to be at the solicitors branch?

If you are in close proximity to one of the conveyancing solicitors in Botany Bay you are invited in to sign contracts. That being said, the law practices we work with offer a national conveyancing service and give just as detailed and professional a job for you when communicating with you by post or email. The executing of the contract is not when everything is set in stone. Signing on the dotted line is necessary for the firm to exchange contracts at the appropriate time, which will usually be very shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where a lengthy "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Botany Bay)to be in the office at the appropriate time.

Is there a search tool that I can utilise to investigate if the solicitor conducting my conveyancing in Botany Bay is on the lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for HSBC Bank thus spending £192.00 in further legal invoice.

Please do make use of the search tool on this page. Please choose the mortgage company and type ‘Botany Bay’ or your location and you will see a number of lawyer offices in Botany Bay or nearest you.

Should my lawyer be raising enquiries concerning flooding as part of the conveyancing in Botany Bay.

The risk of flooding is if increasing concern for lawyers conducting conveyancing in Botany Bay. There are those who acquire a property in Botany Bay, completely expectant that at some time, it may suffer from flooding. However, leaving to one side the physical damage, where a house is at risk of flooding, it may be difficult to obtain a mortgage, suitable insurance cover, or dispose of the property. There are steps that can be taken as part of the conveyancing process to forewarn the buyer.

Conveyancers are not qualified to offer advice on flood risk, however there are a numerous searches that can be carried out by the purchaser or on a buyer’s behalf which will give them a better appreciation of the risks in Botany Bay. The standard property information forms sent to a purchaser’s solicitor (where the solicitors are adopting what is known as the Conveyancing Protocol) contains a usual question of the owner to determine whether the property has suffered from flooding. If the property has been flooded in past which is not revealed by the vendor, then a buyer may issue a legal claim for losses as a result of such an incorrect response. A purchaser’s conveyancers should also order an environmental report. This will indicate if there is a recorded flood risk. If so, further inquiries should be carried out.

I decided to have a survey completed on a house in Botany Bay before appointing lawyers. I have been informed that there is a flying freehold overhang to the house. Our surveyor advised that some mortgage companies may not issue a loan on such a property.

It depends who your proposed lender is. Santander has different instructions from Halifax. Should you wish to call us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Botany Bay. Conveyancing will be smoother if you use a solicitor in Botany Bay especially if they are familiar with such properties in Botany Bay.

There are numerous houses in Botany Bay on unadopted roads. We are purchasing one such house. Are there any benefits to purchasing a house on a private road?

Botany Bay conveyancing lawyers will be familiar with transacting propertieson private. Your conveyancing practitioner should review the title to identify any rights or responsibilities. In many cases there is a management company (wholly owned by residents) that owners make annual contributions to maintain the road. If one exists, the road will likely be maintained and look nicer than publicly adopted.