My fiance and I are intent on buying residence in Custom House. My property lawyer is not on the bank conveyancing panel. Is it possible for me to retain my Custom House conveyancing solicitor notwithstanding that they are not on the lender panel?
You will need to use a solicitor to complete the legal work required if you require a mortgage to purchase your home. The lawyer will carry out all the necessary investigations on the property, ensuring that you will be registered as proprietor and ensure that all the necessary mortgage paperwork is dealt with. You may select a Custom House property lawyer of your choice. Nevertheless, where the conveyancing practitioner selected is not on the mortgage company approved list additional fees will be levied as separate legal representation will be required by them. Bank panel applications can be submitted, so provided your lawyer has not previously applied for membership they should take the opportunity to apply.
I am need of leasehold conveyancing for a flat in a relatively new development (seven years built) in Custom House. The vast majority the flats have already been disposed of. Do I need carry out the neighbourhood searches for my conveyancing in Custom House?
You would be putting yourself at risk in refusing to carrying out Custom House conveyancing searches. Without searches you have no clarity over flooding, environmental etc which may mean you walk away due to potential problems down the line. If you are buying without a mortgage there is no legal requirement to have them, but we would strongly advise in the strongest possible terms that your conveyancer conducts them. Where accelerating the process and cost are primary issues you should consider with your conveyancer about the possibility of search insurance
I am buying a property and the conveyancer has identified Chancel Repair to which the house may be liable given it’s proximity to the area of such a church. He has mentioned insurance. Is this strictly necessary for conveyancing in Custom House
Unless a previous acquisition of the premises completed post 12 October 2013 you could take it that solicitors delivering conveyancing in Custom House to continue to suggest a chancel search and or insurance against a claim.
How does conveyancing in Custom House differ for new build properties?
Most buyers of new build residence in Custom House approach us having been asked by the developer to sign contracts and commit to the purchase even before the residence is ready to move into. This is because house builders in Custom House typically acquire 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 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 used to new build conveyancing in Custom House or who has acted in the same development.
Am I better off to instruct a Custom House conveyancing lawyer in close proximity to the house I am purchasing? We have a good friend who can conduct the legal formalities but her office is over three hundred kilometers away.
The primary upside of using a local Custom House conveyancing firm is that you can pop in to sign documents, hand in your ID and pester them if necessary. They will also have local intelligence which is a benefit. That being said it's more important to get someone that will pull out all the stops for you. If other friends have instructed your friend and they were content that should trump using an unknown Custom House conveyancing solicitor just because they are Custom House based.
I have checked your search tool I can't find the lawyer I was hoping to instruct as being on the bank conveyancing panel. My lawyer has said that they are on the bank 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 mortgage company 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 bank solicitor panel.