My husband and I are buying a new build apartment in Colnbrook and my solicitor is informing me that she is duty bound to the lender to reveal incentives from the seller. I am on a tight deadline to sign contracts and my preference is not to delay matters. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your conveyancing practitioner. A precondition to being on a bank panel is to comply with the UK Finance Lenders’ Handbook conditions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
I used Action Conveyancing several years ago for my conveyancing in Colnbrook. I now require my file but the law firm is no longer operating. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Colnbrook of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
How does conveyancing in Colnbrook differ for newly converted properties?
Most buyers of new build residence in Colnbrook come to us having been asked by the developer to exchange contracts and commit to the purchase even before the residence is finished. This is because builders in Colnbrook 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 accustomed to new build conveyancing in Colnbrook or who has acted in the same development.
How do I use your search facility to select a conveyancing solicitor in Colnbrook on the panel for my lender?
1st choose a bank such as Lloyds TSB Bank, Chelsea Building Society or Britannia then choose your location a common one being Colnbrook. Conveyancing practices in Colnbrook and across England and Wales should be identified.
Should I choose a Colnbrook conveyancing practitioner in close proximity to the house I am buying? We have a good friend who can perform the legal formalities however his firm is located 400miles away.
The benefit of a high street Colnbrook conveyancing practice is that you can visit the firm to sign documents, hand in your ID and pester them where appropriate. They will also have local insight which is a benefit. However nothing is more important than finding someone that will pull out all the stops for you. If if people you trust used your friend and on the whole were happy that must surpass using an unfamiliar Colnbrook conveyancing solicitor just because they are local.