I am in the market for a reasonably priced conveyancer. Do I opt for an online conveyancer rather than a high street New Addington conveyancing solicitor?
Generally conveyancing solicitors in your neck of the woods will enjoy strong relationships with your local authority, which can help with the New Addington conveyancing searches that your solicitor will require. It also helps if they enjoy good connections with the Local Land Registry Office your area New Addington, other conveyancers in the area and New Addington property agents.
Our New Addington conveyancer has discovered a difference between the surveyor’s assumptions in the home valuation report and what is in the title deeds. My lawyer has advised that he is duty bound to ensure that the lender is OK with this discrepancy and is content to go ahead. Is my lawyer’s course or action right?
Your lawyer must comply with the UK Finance Lenders’ Handbook specifications which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.
The deeds to our property are lost. The conveyancers who dealt with the conveyancing in New Addington 5 years ago are no longer around. What are my options?
In today’s world there are duplicates made of almost everything, and your conveyancer will know precisely where to find all the appropriate documentation so you may purchase or dispose of your property without a hitch. Where duplicates are not available, your lawyer may be able to arrange cover in the form of insurance or indemnities against future claims on your property.
How does conveyancing in New Addington differ for new build properties?
Most buyers of new build premises in New Addington come to us having been asked by the builder to exchange contracts and commit to the purchase even before the premises is built. This is because builders in New Addington tend to purchase the real estate, 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 New Addington or who has acted in the same development.
Am I right to be suspicious about third parties that I am dealing with are encouraging me to use a national conveyancing firm rather than a High Street New Addington conveyancing firm?
As is the case with lots of professional services, often referrals from connections can be worth their weight in gold. But there are lots of people with a keen interest in a conveyancing matter; estate agents, financial adviser and mortgage companies might all put forward lawyers to instruct. Sometimes these lawyers might be known to one of the organisations as one of the best in their field, but occasionally there exists a financial incentive behind the recommendation. You have the right to appoint your preferred lawyer. You need to be aware that most lenders specify a panel list of lawyers you are obliged to use for the lender aspect of your transaction.