Willinstructing a Wennington conveyancing lawyer make the ownership transfer smoother?
Existing third party connections is an important consideration when choosing conveyancing solicitors. Wennington law firms enjoy connections with lenders and agents, local authorities, valuers and other law firms meaning the whole process is going to be much more straightforward for you. Having years of insight into the local area is also a plus .
It is is a decade since I purchased my house in Wennington. Conveyancing lawyers have recently been instructed on the sale but I am unable to track down my title documents. Will this jeopardise the sale?
Don’t worry too much. Firstly the deeds may be with your mortgage company or they could still be with the lawyers who handled the purchase. Secondly in most cases the property will be recorded at the land registry and you will be able to prove you are the registered owner by your conveyancing lawyers procuring current official copies of the land registers. The vast majority of conveyancing in Wennington relates to registered property but in the rare situation where your home is not registered it adds to the complexity but is resolvable.
My lender has suggested solicitors on their panel based in Wennington but I would rather instruct a conveyancing lawyer in Wennington or nearer to where I live. Can you assist?
It is by no means the case that all Wennington conveyancing practitioners are on all banks conveyancing panel. Use our search tool to identify a Wennington conveyancing conveyancer on the on the mortgage company panel.
I am helping my aunt sell her house in Wennington. Will the solicitor arrange an energy performance certificate or should I organise this?
Following the abolition of HIPs, energy performance certificates was left as a compulsory part of selling a property. An EPC needs to be to hand in advance of the property being marketed. This is not as aspect of the sale process that solicitors ordinarily arrange. Where you are using a Wennington conveyancing practitioner they might be able to arrange energy assessments given their contacts with reputable Wennington energy assessors
It is not clear whether my lender requires a lease extension. I have telephoned my Wennington building society branch on numerous occasions and was reassured it wasn't an issue and they would lend. My Wennington conveyancing solicitor - who is on the bank conveyancing panel- called and was told they will not lend based on their published requirements. Who do I believe?
As long as the property lawyer is on the mortgage company panel, they must comply with the Council of Mortgage Lenders’ Handbook provisions for the lender. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years remaining.
Planning on purchasing a house in Wennington. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Aldermore conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Wennington solicitor is on the Aldermore conveyancing panel.
How does conveyancing in Wennington differ for newly converted properties?
Most buyers of new build residence in Wennington contact us having been asked by the housebuilder to sign contracts and commit to the purchase even before the property is ready to move into. This is because house builders in Wennington typically purchase the site, 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 conveyancers 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 Wennington or who has acted in the same development.
A couple of months ago I was advised by my lender that their panel lawyers work on no sale no charge basis for conveyancing in Wennington. I had a purchase fall through nevertheless the lawyers want search fees! They say the fees are independent!
By promising "no completion no fee" Wennington conveyancing practices are waiving their fees for any work carried out. We must stress this does not constitute an insurance scheme. you will still need to pay for any disbursements that your conveyancing practitioner has expended for you for example Wennington local authority checks