I am in need of a conveyancer. Should I go for for a national conveyancer as opposed to a family Billingham conveyancing lawyer?
Existing third party connections is an important consideration when choosing conveyancing solicitors. Billingham law firms benefit from connections with mortgage brokers and agents, local authorities, surveyors and other law firms meaning you will move in shortest possible time. Hosting years of intelligence of the local area is also a plus .
We were just about to exchange contracts for a garden flat in Billingham. We encountered a stumbling block. The loan offer with Coventry Building Society expires on 16/9/2024 but the vendors are suggesting a completion date of 18/9/2024. Is it possible to extend the loan offer?
The person best placed to deal with your issue is your solicitors who will assess whether they should be discussing with the lender, owner’s solicitors, estate agents or conceivably all parties given what has gone on in your transaction as of today.
I got the keys to my home on 9 February and the transaction details is yet to be registered. Should I be concerned? My conveyancing solicitor in Billingham advises it should be dealt with in a couple of weeks. Are transfers in Billingham particularly slow to register?
There is nothing unique when it comes to conveyancing in Billingham registration formalities. Rather than based on location, timeframes can adjust subject to the party submitting the application, whether it is in order and whether the Land registry have to notify any other parties. Currently approximately 80% of submission are completed within 12 days but occasionally there can be longer hold-ups. Historically registration takes place once the buyer is living at the premises thus 'speed' is not usually an essential issue but if there is a degree of urgency associated with the registration then you or your solicitor must speak with the land registry and explain the circumstances.
How does conveyancing in Billingham differ for newly converted properties?
Most buyers of new build premises in Billingham come to us having been asked by the seller to sign contracts and commit to the purchase even before the residence is finished. This is because developers in Billingham tend to buy 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 used to new build conveyancing in Billingham or who has acted in the same development.
We're novice buyers - had an offer accepted, but the selling agent told us that the seller will only issue a contract if we use the agent's chosen solicitors as they want a ‘quick sale’. We would rather use a local solicitor accustomed to conveyancing in Billingham
We suspect that the seller is not behind this ultimatum. If they require ‘a quick sale', turning down a motivated purchaser is counter productive. Speak to the owners direct and make sure they understand (a)you are keen to buy (b)you are ready to go, with mortgage lined up © you have nothing to sell (d) you intend to proceed fast (e)however you are going to appoint your own,trusted Billingham conveyancing lawyers - not the ones that will provide their negotiator at the agency a kickback or meet his conveyancing targets set by senior management.
Having used your search tool I can't find the lawyer I was hoping to instruct as being on the lender conveyancing panel. My lawyer has said that they are on the mortgage company approved panel. How can I be sure given that they are not listed on your directory?
Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the lender conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the mortgage company solicitor panel.