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Find a Drakes Cross Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Drakes Cross? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Drakes Cross home move at risk of delay or failure.

Only LenderPanel.com provides a subset of authorised Drakes Cross conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Drakes Cross

The housing market in Drakes Cross is hotting up. What can be done to accelerate the conveyancing process?

In a situation where you are under a tight deadline for your conveyancing we would recommend that your solicitor is familiar with the area as they will make use of local contacts and insight. It is even conceivable that they could have conducted previousproperties in the same street. Therefore consider using a Drakes Cross conveyancing firm. In addition, ensure that the conveyancing firm is on the lender panel. It is estimated that 18% of Drakes Cross conveyancing deals are delayed or derailed after finding out that a buyer’s conveyancer was not on their banks panel. This can often result in the buying process being delayed by as much as three weeks. It is estimated that this issue impacts approximately one hundred thousand home moves annually. Many Drakes Cross conveyancing practices can not represent certain lenders so do check as early as possible.

I have been referred to a conveyancing solicitor in Drakes Cross. I I would like to check whether they are accepted on the Birmingham Midshires approved list of lawyers. Could you help?

The first thing to do is contact the lawyer and enquire if they are on the lender panel. Otherwise you can call Birmingham Midshires who may be able to assist.

Should my conveyancer be asking questions about flooding as part of the conveyancing in Drakes Cross.

Flooding is a growing risk for conveyancers carrying out conveyancing in Drakes Cross. There are those who purchase a property in Drakes Cross, fully aware that at some time, it may be flooded. However, aside from the physical damage, if a property is at risk of flooding, it may be difficult to get a mortgage, satisfactory building insurance, or sell the property. Steps can be carried out during the course of a house purchase to forewarn the purchaser.

Conveyancers are not qualified to offer advice on flood risk, but there are a numerous checks that can be undertaken by the buyer or by their solicitors which can give them a better appreciation of the risks in Drakes Cross. The standard information given to a purchaser’s conveyancer (where the solicitors are adopting what is known as the Conveyancing Protocol) includes a usual inquiry of the vendor to discover if the premises has ever been flooded. In the event that flooding has previously occurred which is not disclosed by the vendor, then a buyer could issue a legal claim for losses as a result of such an inaccurate answer. The purchaser’s lawyers may also order an enviro report. This will reveal whether there is any known flood risk. If so, more detailed inquiries should be initiated.

I've recently found out that there is a flying freehold element on a property I have offered on two weeks back in what should have been a simple, no chain conveyancing. Drakes Cross is where the house is located. Can you offer any assistance?

Flying freeholds in Drakes Cross are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Drakes Cross you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Drakes Cross may decide 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 residence.

My cousin has recommend that I use his conveyancing solicitors in Drakes Cross. Should I find my own conveyancer?

Much as we are happy to recommend a Drakes Cross conveyancing lawyer the best way to select a conveyancing solicitor is to have feedback from friends or family who have actually used the solicitor that you are are thinking of instructing.

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Find out more about how flying freehold can affect your the value of a property.