When does exchange of contracts occur in sale conveyancing in Totnes and do I need to attend the solicitors branch?
If you are in close proximity to our conveyancing solicitors in Totnes you are invited in to sign contracts. That being said, the lender approved solicitors we recommend provide countrywide coverage for conveyancing and give as equally detailed and professional a job for you when dealing with you electronically. The signing of the sale agreement is not the point of no return. Signing on the dotted line simply enables the firm to officially exchange at the appropriate time, which will usually be very shortly after signing. The exchange process is is usually a five minute process, although where a lengthy "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Totnes)to be in the office available at the end of the phone to exchange contracts.
We decided to purchase a newbuild apartment in Totnes with a mortgage from lend.We use our Totnes conveyancing practitioner but lend informed us her practice is not on their approved list of firms. we are left little option but to use a lend panel solicitor or keep our local solicitor and pay for a lend panel lawyer to act for them.This seems very unfair; is there anything we can do?
No, not really. The loan issued to you is subject to its various provisions, a common one being that solicitors will be on the approved list.Until recently, most banks had large numbers of law firms on their panels: a borrower could find one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your solicitors to apply to be on the conveyancing panel for
I need to instruct a conveyancing solicitor for leasehold conveyancing in Totnes. I happened to chance upon a web site which looks to be the ideal answer If it is possible to get all this stuff done via email that would be ideal. Do I need to be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?