Me and my husband are acquiring a leasehold flat in South Molton. My property lawyer has never been on on the lender solicitor panel. Is it possible for me to appoint my South Molton conveyancing solicitor even though they are not on the lender list of approved lawyers?
You have numerous options available to you here
- Proceed with your preferred South Molton solicitor but your bank will undoubtedly instruct a conveyancing practitioner from their approved panel. This will result in additional cost and likely frustration.
- Choose a fresh conveyancing practitioner to act in the purchase, making sure they are on the mortgage company conveyancing panel.
- Convince your solicitor to seek to join the lender panel
I am in a contract race with another prospective purchaser for a property in South Molton. What can I do to hasten the conveyancing process?
Where you are under time constraints for your conveyancing we would recommend that your solicitor is familiar with the area as they will make use of local relationships and intelligence. It is even conceivable that they may have conducted previoushouses in the same neighbourhood. Therefore consider using a South Molton conveyancing firm. Second, ensure that the lawyer is on the on the approved list for your mortgage company. It is claimed that 18% of South Molton conveyancing transactions are suspended or jeopardised after finding out that a buyer’s lawyer was not on their mortgage lender’s panel. In many cases this discovery resulted in the legal transfer of property being frustrated by an average of 21 days. It is claimed that this issue impacts in the region of one hundred thousand home moves annually. Many South Molton conveyancing firms can not represent certain mortgage companies so do check as early as possible.
A friend advised me that where I am purchasing in South Molton I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is sometimes quoted for as part of the standard South Molton conveyancing searches. It is not a small report of more than thirty pages, listing and detailing significant information about South Molton around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the South Molton Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Local Education with plans and statistics, Local Amenities and other useful information regarding South Molton.
Taking into account that I will soon spend over three hundred thousand on a property in South Molton I wish to have a conversation with the solicitor concerning theconveyancing in advance of instructing the firm. Can this be arranged?
Absolutely - we would be pleased to talk to you we do not take any clients on without you liaising with the lawyer due to be doing your conveyancing in South Molton.There is no ‘factory style conveyancing’ - every client is an important individual, not a case number. The practices that we put you in touch with believe that the fees you are provided with for your conveyancing in South Molton should be the figure that you end up paying.
I need to instruct a conveyancing solicitor for residential conveyancing in South Molton. I happened to land on a site which looks to be the perfect solution If there is a chance to get all this stuff done via email that would be preferable. 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?