At what point will exchange of contracts take place for residential conveyancing in Old Coulsdon and do I need to attend the solicitors office?

Where you are local to one of the conveyancing solicitors in Old Coulsdon you are invited in to sign documents. That being said, the lender approved solicitors we recommend provide countrywide coverage for conveyancing and provide just as comprehensive 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. Signing on the dotted line is necessary for the firm to exchange contracts at the suitable time, which is ordinarily shortly after signing. The procedure is is usually a five minute process, although where a lengthy "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Old Coulsdon)to be in the office at the appropriate time.

Should my lawyer be raising questions concerning flooding during the conveyancing in Old Coulsdon.

Flooding is a growing risk for lawyers dealing with homes in Old Coulsdon. There are those who acquire a property in Old Coulsdon, completely 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, suitable insurance cover, or dispose of the property. There are steps that can be taken as part of the conveyancing process to forewarn the buyer.

Conveyancers are not qualified to give advice on flood risk, but there are a various searches that can be carried out by the buyer or on a buyer’s behalf which will give them a better appreciation of the risks in Old Coulsdon. The standard information supplied to a buyer’s conveyancer (where the solicitors are adopting what is known as the Conveyancing Protocol) incorporates a usual question of the seller to determine whether the premises has suffered from flooding. If flooding has previously occurred and is not notified by the seller, then a purchaser could commence a compensation claim as a result of such an incorrect answer. The buyer’s lawyers will also conduct an enviro report. This will reveal whether there is a recorded flood risk. If so, further inquiries should be made.

Is it simple use your search facility to get a costs illustration from a conveyancing practitioner in Old Coulsdon on the authorised to act for my bank?

First select a mortgage company such as Nationwide Building Society, Chelsea Building Society or TSB then choose your location e.g. Old Coulsdon. Conveyancing firms in Old Coulsdon and across England and Wales will then be shown.

I need to find a conveyancing solicitor for purchase conveyancing in Old Coulsdon. I have stumble across a web site which looks to be the perfect answer If there is a chance to get all the legals completed via email that would be ideal. Do I need to be concerned? What should out be looking out for?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?

I’m about to sell my garden flat in Old Coulsdon.Conveyancing solicitors are to be appointed soon but I have recently had a yearly maintenance charge demand – Do I pay up?

The sensible thing to do is clear the service charge as normal given that all rents and maintenance charges should be allottedon completion, so you will be reimbursed by the buyer for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process