I can't travel far from Flitwick. Please clarify why all Flitwick lawyers are not on all mortgage company panels?
Pre- 2008 most mortgage companies had an attitude to risk which is different than today. The FSA in 2010 instigated a thematic review into property fraud which concluded: know the solicitors on your panel. As a result, lenders have since requiredmore information from law firms concerning their processes and the individuals who work for them and set certain criteria such as completing a minimum number of transactions. Hundreds of law practices have been excluded from lender panels even though they had 100% healthy disciplinary record, no complaints and no claims and didn't just 'dabble' in conveyancing. Many firms found it impossible meet the criteria of volume of transactions the lenders required.
Would the conveyancing solicitors to be found on your site conduct auction conveyancing in Flitwick?
We know of a few niche solicitors we can put you in touch with those specialising in auction conveyancing. Flitwick is one of our locations where our lawyers have offices.
Can your site be used to recommend a Conveyancing solicitor in Flitwick even if I’m not buying or selling a house, for instance where I intend to acquire an office in Flitwick with a loan from Norwich and Peterborough Building Society?
The service is predominantly there to locate domestic conveyancing solicitors in Flitwick but we have listed towards the end of this page a selection of Flitwick commercial conveyancing firms. You will need to enquire with the solicitors directly to establish if they can also act for Norwich and Peterborough Building Society
How can we tell if a Flitwick conveyancing solicitor on the Bank of Ireland panel is any good?
When it comes to conveyancing in Flitwick obtaining recommendations is a sensible 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 advocate that you speak with the solicitor handling your conveyancing.
My partner and I are at the point of looking at apartments in Flitwick and I am now considering a potential offer. Should I already have a lawyer in place at this point? I intend to finance via a home loan with Virgin Money.
It would be wise to commence your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their contact information on to the estate agent. As you are taking out a mortgage with Virgin Money, make sure you remember to check that your lawyer is on the Virgin Money conveyancing panel.
Aldermore have agreed my mortgage in principle, my offer on a house in Flitwick has been agreed to, what are the next steps?
The property agent will wish to know who your solicitors are (make sure the conveyancers are on the lender’s panel). Call up Aldermore or the financial adviser and finalise any appropriate forms. Aldermore will instruct a valuer who will get in touch with the selling agent or vendor to book an appointment. Once conducted (assuming no problems) it takes on average a fortnight for the mortgage offer to be issued. Aldermore will send the offer to you and your conveyancing practitioners. The legal work will then take it’s course according the nature and complexity of the conveyancing in Flitwick.
I acquired my apartment on 2 July and my personal details is yet to be registered. Should I be concerned? My conveyancing solicitor in Flitwick expressed confidence that it will be formalised inside ten days. Are properties in Flitwick particularly slow to register?
There is nothing unique when it comes to conveyancing in Flitwick registration formalities. Rather than based on location, timeframes can differ subject to the party submitting the application, whether there are errors and whether the Land registry must send notices to any interested parties. Currently roughly 80% of such applications are completed in less than three weeks but some can be subject to protracted delays. Registration takes place after the purchaser has moved in to the premises therefore 'speed' is not always top priority but if there is a degree of urgency associated with the registration then you or your solicitor should speak with the land registry and explain the circumstances.
How does conveyancing in Flitwick differ for newly converted properties?
Most buyers of new build residence in Flitwick contact us having been asked by the seller to exchange contracts and commit to the purchase even before the premises is constructed. This is because new home sellers in Flitwick usually purchase the land, 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 conveyancing solicitors 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 accustomed to new build conveyancing in Flitwick or who has acted in the same development.