We instructed a high street solicitor for our conveyancing in Harwich yesterday. After carefully reading the small print I notewe are on the hook for costs even where the conveyance does not complete. Should I ditch them and appoint an on-line conveyancing brokerage who offer no completion no cost conveyancing in Harwich?
Generally there is a concession along the lines that if "No Completion No Fee" is offered then the conveyancing charges will generally be higher to neutralise those conveyances that fail to complete. Please beware that these schemes rarely protect you from disbursements by way of example Harwich conveyancing search costs.
Would the conveyancing practitioners that you recommend perform right to buy conveyancing in Harwich?
We have identified a variety of conveyancing firms carrying out right to buy transactions Do e-mail us in order to get a costs illustration.
We're in Harwich, First timers purchasing with a mortgage (lender is TSB , and our solicitor is on the TSB conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the TSB conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no property lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
My wife and I are in the throws of viewing apartments in Harwich and I am now considering a potential offer. Is it sensible to have my lawyer on ‘stand by’? I will be getting a mortgage with Kent Reliance.
It would be advisable to start your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their contact information on to the selling agent. As you are obtaining a mortgage with Kent Reliance, ask your prospective lawyers if they are on the Kent Reliance conveyancing panel otherwise they can't do the mortgage legal work.
I can not fathom if my bank requires a lease extension. I have telephoned my Harwich building society branch on numerous occasions and was told they are content with the situation and they will lend. My Harwich conveyancing solicitor - who is on the bank conveyancing panel- telephoned and was told they would not lend in accordance with their published requirements. Who do I believe?
Your conveyancer has to follow the Council of Mortgage Lenders’ Handbook section two provisions for your bank. Unless your lawyer obtains specific confirmation in writing that the mortgage company 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.
TSB have agreed my home loan in principle, my bid on a property in Harwich has been accepted, what are the next steps?
Your estate agent will wish to know who your solicitors are (make sure the conveyancers are on the lender’s panel). Call up TSB or your financial adviser and finalise any outstanding documentation. TSB will sellect a valuer who will get in touch with the estate agent or seller to schedule an appointment. Once conducted (assuming no problems) it takes approximately a week to get a mortgage offer. TSB will issue the offer to you and your lawyers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Harwich.
The deeds to our property are lost. The conveyancers who conducted the conveyancing in Harwich 5 years ago have long since closed. Will I be able to sell the house?
You no longer need to hold title original deeds to prove you are the registered proprietor of land or premises, given that the Land Registry hold details of all registered land or property electronically.
How does conveyancing in Harwich differ for newly converted properties?
Most buyers of new build property in Harwich approach us having been asked by the seller to sign contracts and commit to the purchase even before the premises is ready to move into. This is because developers in Harwich tend to acquire 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 used to new build conveyancing in Harwich or who has acted in the same development.