We are purchasing a flat in Sutton Coldfield. It might be a silly question but how we can trust a lawyer? At some point we will need to deposit our life savings into their account. What is the protection we have from them run away with our money?
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.
I need some expedited conveyancing in Sutton Coldfield as I am faced with a deadline to exchange contracts inside one month. A mortgage is not required. Is it possible to avoid the conveyancing searches to save money and time?
As you are are a cash purchaser you have the choice not to do searches although no solicitor would suggest that you don't. With lots of history conveyancing in Sutton Coldfield the following are instances of issues that can be revealed and therefore affect future saleability: Refused Planning Applications, Outstanding Charges, Overdue Grants, Road Schemes,...
How does conveyancing in Sutton Coldfield differ for new build properties?
Most buyers of new build property in Sutton Coldfield approach us having been asked by the developer to sign contracts and commit to the purchase even before the premises is finished. This is because house builders in Sutton Coldfield typically acquire the real estate, 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 Sutton Coldfield or who has acted in the same development.