A mortgage agreement from NatWest for the refinancing of my single room garden flat is expected within the next few days. Are you able to propose a low cost conveyancing law firm in Farnham Common?
This site is not designed to aid those in their quest for a cheap conveyancing in Farnham Common. Our aim is to provide value for money conveyancing but we do not work with the cheapest lawyers. Avoid the trap of appointing companies teasing you with low cost conveyancing in Farnham Common.In your best case scenario, in choosing a lawyer for low cost conveyancing, you will get your money’s worth and at worst it will result in you with a hefty uplift in additional fees and still not receive the service expected.
How does conveyancing in Farnham Common differ for new build properties?
Most buyers of new build residence in Farnham Common come to us having been asked by the builder to sign contracts and commit to the purchase even before the house is finished. This is because developers in Farnham Common typically 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 conveyancing solicitors 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 Farnham Common or who has acted in the same development.
I decided to have a survey done on a house in Farnham Common before appointing solicitors. I have been advised that there is a flying freehold element to the property. The surveyor has said that some banks will not grant a loan on this type of home.
It varies from the lender to lender. Lloyds has different instructions for example to Birmingham Midshires. Should you wish to telephone us we can investigate further via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Farnham Common. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Farnham Common to see if the conveyancing costs will increase in light of this.