My partner and I are intent on acquiring a ground floor flat in Reynoldston. My Conveyancer has never been on on the bank conveyancing list. Is it possible for me to continue with my Reynoldston conveyancing solicitor notwithstanding that they are excluded from the lender panel?
Your options include
- Carry on with your chosen Reynoldston property lawyer but your bank will no doubt retain a property lawyer from their approved panel. The net result is additional fees and likely interruption.
- Choose a fresh lawyer to conduct the conveyancing, ensuring that they are on the lender conveyancing panel.
- Convince your property lawyer to do everything possible to join the mortgage company panel of solicitors
When does exchange of contracts occur in purchase conveyancing in Reynoldston and am I required to be at the conveyancers office?
Where you are local to our conveyancing solicitors in Reynoldston you are welcome to attend to sign documents. However, the firms we work with provide a national conveyancing service and give just as diligent and professional a job for you when communicating with you by post or email. The executing of the contract is not when everything is set in stone. A signed contract is necessary for the firm to officially exchange when the time is right, which is ordinarily shortly after signing. The exchange process is is usually a five minute process, although where an extended "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Reynoldston)to be in the office available at the end of the phone to exchange contracts.
What can a local search inform me concerning the property I am buying in Reynoldston?
Reynoldston conveyancing often commences with the submitting local authority searches directly from your local Authority or through a personal search organisations such as Onsearch The local search is essential in every Reynoldston conveyancing purchase; as long as you don’t want any nasty once you have moved into your property. The search will reveal data on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic areas.
I own a renovated Victorian property in Reynoldston. Conveyancing practitioner acted for me and Accord Mortgages Ltd. I did a free Land Registry search last week and I saw a couple of entries: the first freehold, the second leasehold under the exact same address. If a house is not a freehold shouldn't I have been informed?
You should review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Reynoldston and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the position with your conveyancing lawyer who conducted the conveyancing.
Is it best to choose a Reynoldston conveyancing practitioner in close proximity to the house I am purchasing? We have a good friend who can deal with the conveyancing but his firm is located over three hundred kilometers away.
The benefit of a local Reynoldston conveyancing firm is that you can drop in to execute documents, deliver your ID and apply pressure on them where appropriate. They will also have local insight which is a benefit. However it's more important to get someone that will pull out all the stops for you. If you know people who used your friend and they were impressed that should surpass using an unknown Reynoldston conveyancing lawyer solely due to them being local.