What is the first thing I need to know regarding purchase conveyancing in Colchester?
You may not hear this from too many lawyers but conveyancing in Colchester and elsewhere in Essex is often a confrontational process. Put another way, when it comes to conveyancing there is plenty of room for friction between you and others involved in the home moving process. For instance, the seller, estate agent and sometimes the mortgage company. Choosing a solicitor for your conveyancing in Colchester is a critical decision as your conveyancer is your adviser, and is the ONLY person in the process whose interest is to protect your best interests and to keep you safe.
There is a distinct ongoing adversarial element to conveyancing- someone must be blamed for the process taking so long. We recommend that you your first instinct should be to trust your lawyer ahead of all other players when it comes to the legal assignment of property.
I am considering applying for a Clydesdale mortgage for purchase of a newly converted (under development) in Colchester with 60% loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for Clydesdale ?
In theory, you could use a solicitor that is not on the Clydesdale conveyancing panel, but Clydesdale would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.
We are buying a apartment in Colchester. I might seem paranoid but how we can trust a lawyer? On the day of competition we will need to put money into their account. What is the protection we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
We had selected conveyancers with offices in Colchester on the Nationwide solicitor panel. They are now charging me a supplemental amount for the legal aspects of the Nationwide mortgage. Is this an additional conveyancing fee specified by Nationwide?
Provided it is contained in their Terms of Engagement or Quote then yes your conveyancer can charge a fee for this. The fee is not set by Nationwide but by your Colchester conveyancing practitioner. Some firms on the Nationwide panel will quote ’dealing with mortgage’ fee but plenty of firms include it on their overall fee.
How can we know in advance if a Colchester conveyancing solicitor on the Co-operative panel is any good?
When it comes to conveyancing in Colchester getting 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 lawyer carrying out your transaction.
What will a local search tell me concerning the house my wife and I purchasing in Colchester?
Colchester conveyancing often commences with the applying for local authority searches directly from your local Authority or via a personal search organisations for instance Searchflow The local search plays an important part in many a Colchester conveyancing purchase; as long as you wish to avoid any unpleasant surprises after you move into your property. The search will provide information on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject sections.
The estate agent has sent us the confirmation of our purchase of a new build flat in Colchester. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here is a sample of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Colchester
-
Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please provide evidence that the form of Lease proposed has been approved by the Land Registry.
As co-executor for the estate of my grandmother I am disposing of a property in Swansea but live in Colchester. My solicitor (approximately 300 kilometers awayhas requested that I sign a stat dec before the transaction finalising. Can you recommend a conveyancing practitioner in Colchester to witness this legal document for me?
strictly speaking you are not likely to need to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or solicitor will do regardless of whether they are based in Colchester