The property market in Eastbourne is hotting up. What can be done to hasten the conveyancing process?
Where the seller is applying pressure to sign contracts we would recommend that your solicitor is familiar with the area as they will benefit local relationships and intelligence. It is possible that they would have transacted previoushomes in the same road. You would be best advised to use a Eastbourne conveyancing solicitor. In addition, be sure that the lawyer is on the lender panel. It is claimed that nearly one in five of Eastbourne conveyancing transactions are delayed or jeopardised after discovering a buyer’s lawyer was not on their banks list of approved solicitors. In many cases this discovery resulted in the transaction being delayed by as much as three weeks. It is said that this issue affects approximately one hundred thousand home sales annually. Almost all Eastbourne conveyancing firms can not represent certain banks so do check at the outset.
How up to date is your database of Eastbourne solicitors on the conveyancing panel? Do send you an updated list?
Eastbourne conveyancing firms themselves provide us confirmation that they are on the conveyancing panel as opposed to being supplied with a list from directly.
We are selling our home in Eastbourne. Does my have to be on the conveyancing panel in order to deal with paying off my mortgage?
Ordinarily, even if your lawyer is not on the conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their requirements fairly frequently at the moment.
Are all Eastbourne Conveyancing Quality Solicitors on the conveyancing panel?
Some major lenders now utilise the accreditation scheme as the starting point for Panel membership such as HSBC and Santander. CQS membership however gives no guarantee to lender panel acceptance. That being said,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitors wishing to remain on their approved list of firms.
Can I be sure that the Eastbourne conveyancing solicitor on the panel is any good?
When it comes to conveyancing in Eastbourne getting recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always recommend that you speak with the lawyer conducting your transaction.
The formalities of my remortgage has taken place for my property in Eastbourne. Conveyancing was of an acceptable standard but I feel I should register my dissatisfaction about the lender. Who do I contact should I wish to lodge a complaint?
All lenders have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Team at head office. Ordinarily complaints to a lender are sorted out very quickly. If you feel the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Eastbourne?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Eastbourne. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’