Can conveyancing in Falconwood to be completed in less than two weeks?
In the event that the seller is applying a tight deadline for your conveyancing it is highly recommended that your conveyancer is familiar with the area as they will have local contacts and insight. It is possible that they could have transacted previoushouses in the same street. You would be best advised to use a Falconwood conveyancing lawyer. Second, make sure that the lawyer is on the member panel. It is estimated that 18% of Falconwood conveyancing deals are suspended or jeopardised after discovering a buyer’s conveyancer was not on their mortgage lender’s member panel. This can often result in the legal transfer of property being delayed by almost three weeks. It is said that this issue impacts in the region of one hundred thousand home moves every year. Almost all Falconwood conveyancing practices can not act for certain mortgage companies so do check as early as possible.
Me and my partner are purchasing a flat in Falconwood. It might be a silly question but how we can trust a conveyancer? At some point we have to deposit our life savings into their account. What is the protection we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
There are plenty of conveyancing solicitors in Falconwood but how do I know who I should use?
It would be unwise to be swayed by the cheapest Falconwood conveyancing quote. You really do get what you pay for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
My offer on a detached house in Falconwood has been accepted, the sellers do nevertheless have a tied purchase. The sellers have put an offer on a flat, however it’s not been accepted yet, and are looking at other properties in the pipeline. I have selected a local conveyancing solicitor in Falconwood. What do I do now? At what point should I apply for the mortgage with Aldermore?
It is usual to have apprehensions where there is a chain as you are unlikely to want to be too out of pocket too early (home loan application is in the region of one thousand pounds, then valuation, Falconwood conveyancing search fees, etc). The first course of action is to check that your conveyancer is on the Aldermore conveyancing panel. Concerning the next steps this very much depends on the specifics of your transaction, motivation for the property and on the state of the market. During a rising market many buyers would apply for the mortgage with Aldermore and arrange for the valuation and only if it comes back ok would they pay their conveyancer to proceed with the conveyancing in Falconwood.
Are there restrictive covenants that are commonly picked up during conveyancing in Falconwood?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Falconwood. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
How does conveyancing in Falconwood differ for new build properties?
Most buyers of new build premises in Falconwood approach us having been asked by the seller to exchange contracts and commit to the purchase even before the premises is constructed. This is because house builders in Falconwood tend to acquire 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 Falconwood or who has acted in the same development.
I am looking for a conveyancing practitioner in Falconwood for my house move. Is it possible to check a firm’s record with the profession’s regulator?
You can read documented Solicitor Regulator Association (SRA) determinations resulting from investigations started on or after 1 January 2008. Go to Check a solicitor's record. For information Pre 2008, or to check a solicitors record, telephone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, use +44 (0)121 329 6800. The SRA could monitor call for training reasons.