As I am unsure how the conveyancing bit works what is the most important number one tip you can impart about purchase conveyancing in Wellingborough?

You may not hear this from too many lawyers but conveyancing in Wellingborough and elsewhere in Northamptonshire is an adversarial experience. Put another way, when it comes to conveyancing there is an abundance of room for confrontation between you and other parties involved in the transaction. For example, the seller, estate agent and even potentially the mortgage company. Selecting a solicitor for your conveyancing in Wellingborough should not be taken lightly as your conveyancer is your adviser, and is the ONLY party in the process whose role it is to look after your legal interests and to protect you.

Every so often a third party with a vested interest may attempt to sway you that you should follow their advice. For instance, the estate agent may claim to be assisting by claiming that your conveyancer is dragging his heels. Or your financial adviser may advise you to do something that is against your lawyers advice. You should always trust your lawyer above all other parties when it comes to the legal transfer of property.

I am buying a garden flat in Wellingborough. Can I do my own conveyancing?

Leaving aside the complexities and merits of DIY conveyancing in Wellingborough you will have to appoint a solicitor on your mortgage company'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 Wellingborough.

I require quick conveyancing in Wellingborough as I am under a deadline to exchange contracts within 4 weeks. A mortgage is not required. Is it possible to decline from having conveyancing searches to save money and time?

If.Given you are not getting a mortgage you have the choice not to have searches conducted although no conveyancer would recommend that you don't. With lots of history conveyancing in Wellingborough the following are instances of what can arise and adversely impact the marketability of the property: Enforcement Actions, Overdue Fees, Outstanding Grants, Railway Schemes,...

How does conveyancing in Wellingborough differ for newly converted properties?

Most buyers of new build or newly converted property in Wellingborough come to us having been asked by the builder to sign contracts and commit to the purchase even before the property is ready to move into. This is because builders in Wellingborough typically purchase 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 used to new build conveyancing in Wellingborough or who has acted in the same development.

I opted to have a survey completed on a property in Wellingborough prior to retaining conveyancers. I have been informed that there is a flying freehold aspect to the property. The surveyor advised that some mortgage companies will refuse to give a mortgage on such a premises.

It varies from the lender to lender. HSBC has different requirements for example to Birmingham Midshires. Should you wish to call us we can investigate further via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Wellingborough. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Wellingborough to see if the conveyancing costs will increase in light of this.