Are the Ratcliff conveyancing solicitors identified as being on the Principality conveyancing panel, together with their details provided by Principality?
Ratcliff conveyancing firms themselves provide us confirmation that they are on the Principality conveyancing panel as opposed to being supplied with a list from Principality directly.
I am buying a semi-detached house in Ratcliff. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Ratcliff you will have to appoint a solicitor on your bank's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Ratcliff.
My partner and I are selling our property in Ratcliff and the buyers lawyers are claiming that there is a possibility that the property was built land that was not decontaminated. Any local lawyer would know this is not the case. It does beg the question why the buyers instructed an online conveyancing firm as opposed to a conveyancing solicitor in Ratcliff. Having lived in Ratcliff for 4 years we know that this is a non issue. Is it a good idea to get in touch with our local Authority to obtain confirmation that there is no issue.
It sounds as though you may have a conveyancing lawyer currently acting for you. What do they say? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same illness)
How does conveyancing in Ratcliff differ for new build properties?
Most buyers of new build premises in Ratcliff approach us having been asked by the seller to sign contracts and commit to the purchase even before the property is completed. This is because house builders in Ratcliff 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 property lawyers 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 Ratcliff or who has acted in the same development.
I have finally had an offer on an flat in Ratcliff agreed to, but there is a chain. The owners have put an offer on a property, although it’s not yet agreed to, and has viewings of other properties in the pipeline. I have chosen a nearby conveyancing solicitor in Ratcliff. What should be my next step? When do I get the mortgage application with HSBC started with HSBC?
It is normal to have anxieties where there is an associated chain as you are unlikely to want to be too out of pocket too early (mortgage application is approx £1k, then survey, Ratcliff conveyancing search fees, etc). First, you should ensure that your property lawyer is on the HSBC conveyancing panel. Regarding the subsequent steps this very much depends on the specifics of your case, desire for this property and on the state of the market. In a rising market some buyers would apply for a home loan with HSBC and arrange for the survey and only if it comes back ok would they ask their conveyancing practitioner to move forward with the conveyancing in Ratcliff.