My husband and I are acquiring a new build flat in Alresford and my lawyer is telling me that she is duty bound to the bank to reveal incentives from the builder. I am under pressure to sign contracts and I don't want to delay matters. Is my lawyer right?
You should not exchange unless you have been advised to do so by your conveyancing practitioner. A precondition to being on a lender panel is to comply with the UK Finance Lenders’ Handbook provisions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
My lender has recommended solicitors on their panel based in Alresford but I would rather instruct a conveyancing lawyer in Alresford round the corner to me. Are you able to assist?
Not all Alresford conveyancing solicitors are approved and listed on all lender’s conveyancing panel. Use the above find an approved solicitor tool to locate a Alresford conveyancing solicitor on the on the mortgage company panel.
I used Action Conveyancing a few years ago for my conveyancing in Alresford. I now require my file but the law firm is no longer operating. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Alresford of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
How does conveyancing in Alresford differ for newly converted properties?
Most buyers of new build or newly converted property in Alresford come to us having been asked by the builder to sign contracts and commit to the purchase even before the premises is ready to move into. This is because new home sellers in Alresford usually purchase the real estate, 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 property lawyers 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 Alresford or who has acted in the same development.
I opted to have a survey carried out on a property in Alresford in advance of retaining lawyers. I have been informed that there is a flying freehold aspect to the house. Our surveyor advised that some banks may refuse to issue a loan on such a house.
It depends who your proposed lender is. Bank of Scotland has different requirements from Nationwide. If you contact us we can check with the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Alresford. Conveyancing will be smoother if you use a solicitor in Alresford especially if they are familiar with such properties in Alresford.
I am using a search engine for the phrase conveyancing in Alresford it shows results of many property lawyerslocally. How do I determine which is the suitable conveyancer for my move?
The ideal way of seeking a suitable conveyancer is through a trusted testimonial, so ask friends and family who have bought a property in Alresford or the reputable estate agent or mortgage broker. Fees for conveyancing in Alresford differ, so it's sensible to secure a minimum of four quotes from different conveyancers. Be sure to obtain confirmation that the costs are guaranteed not to to be inflated.