Recently contacted my conveyancing lawyer in South Shields who conducted the legals two years ago requesting a conveyancing estimate based on an identical type of home move (a leasehold residence and a freehold premises) of similar values with a loan from Virgin Money. I am now being quoted twice the amount. Stick with what I know or do I seek out an alternative property lawyer?
The estimate does seem a tad on the high side. If you are content to invest time comparing costs you could shave off some of the expense by as much as a hundred pounds. That being said, if you were content with the legal work the firm offered you mightlive to regret choosing an an unknown conveyancer. If is important to be sure that the firm can act for Virgin Money. Do utilise our search tool to get a quote a South Shields conveyancing firm on the Virgin Money approved list of lawyers, which can often include conveyancing solicitors in South Shields.
Our mortgage company has recommended a law firm on their panel based in South Shields but I would rather instruct a conveyancing lawyer in South Shields or nearer to where I live. Can you assist?
Far from all South Shields conveyancing solicitors are on all banks conveyancing panel. Use our find an approved solicitor tool to choose a South Shields conveyancing solicitor on the on the mortgage company panel.
How does conveyancing in South Shields differ for newly converted properties?
Most buyers of new build residence in South Shields contact us having been asked by the developer to exchange contracts and commit to the purchase even before the house is built. This is because builders in South Shields tend to acquire the land, 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 used to new build conveyancing in South Shields or who has acted in the same development.
Yesterday I discovered that there is a flying freehold element on a house I have offered on two weeks back in what should have been a straight forward, chain free conveyancing. South Shields is the location of the property. Can you shed any light on this issue?
Flying freeholds in South Shields are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in South Shields you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in South Shields may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
We're FTB’s - had an offer accepted, but the property agent has warned us that the seller will only proceed if we instruct the agent's preferred solicitors as they want a ‘quick sale’. My instinct tells me that we should use a family solicitor who is familiar with conveyancing in South Shields
It is improbable the vendors are driving this. Should the seller require ‘a quick sale', alienating a serious buyer is is going to put the whole deal at risk. Try to communicate with the sellers directly and make sure they understand (a)you are keen to buy (b)you are ready to go, with mortgage lined up © you do not need to sell (d) you wish to move quickly (e)however you will continue to use your preferred South Shields conveyancing lawyers - not the ones that will give their estate agent a referral fee or hit his conveyancing figures set by senior management.