I am in the market for a reasonably priced conveyancer. Should I go for for a nationwide conveyancer rather than a local Coventry conveyancing lawyer?
Existing third party relationships is an important consideration when appointing conveyancing solicitors. Coventry law firms often have connections with mortgage brokers and agents, local authorities, valuers and other conveyancing firms meaning you will move in shortest possible time. Hosting years of insight into the local area is an advantage.
At what point does exchange of contracts take place for purchase conveyancing in Coventry and do I need to attend the lawyers office?
Where you are near to one of the conveyancing solicitors in Coventry you are invited in to sign documents. That being said, the law practices we work with provide countrywide coverage for conveyancing and provide as equally detailed and professional a job for you when dealing with you digitally. The signing of the purchase agreement is not when everything is set in stone. A signed contract simply enables the conveyancer to address the formalities at the suitable time, which is ordinarily shortly after signing. The exchange process is is usually a five minute process, although where an extended "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Coventry)to be in the office at the appropriate time.
I need some fast conveyancing in Coventry as I am under an ultimatum to exchange contracts in less than one month. Thankfully I do not require a mortgage. Can I escape the need for conveyancing searches to save fees and time?
As you are are a mortgage free buyer you have the choice not to do searches although no solicitor would suggest that you don't. Drawing on our experience of conveyancing in Coventry the following are examples of issues that can arise and adversely affect the marketability of the property: Enforcement Actions, Overdue Fees, Outstanding Grants, Road Schemes,...
How does conveyancing in Coventry differ for newly converted properties?
Most buyers of new build property in Coventry approach us having been asked by the developer to exchange contracts and commit to the purchase even before the house is completed. This is because builders in Coventry typically purchase 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 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 used to new build conveyancing in Coventry or who has acted in the same development.
Yesterday I discovered that there is a flying freehold issue on a house I have offered on last month in what should have been a simple, chain free conveyancing. Coventry is the location of the property. Can you offer any guidance?
Flying freeholds in Coventry are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Coventry you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Coventry may determine 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 property.