My fiance and I are hoping to purchase a property in Houghton Regis and have instructed a Houghton Regis conveyancing practice. Within the last couple of days our lawyer has sent a preliminary report and documents to look through with a view to exchanging next week. The Mortgage Works have this evening contacted us to advise us that they have now hit a problem as our Houghton Regis conveyancer is not on their approved list of lawyers. Please explain?
When purchasing a property with mortgage finance it is normal for the purchasers' lawyers to also act for the mortgage company. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Quality Scheme. Your property lawyer should contact your lender and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own solicitors to act. You are not legally obliged to appoint a law firm on the lender’s conveyancing panel and you may continue to use your own Houghton Regis solicitors, in which case your legal fees may increase, and it may delay matters as you are adding another lawyer into the mix.
At what point can the exchange of contracts take place for domestic conveyancing in Houghton Regis and am I required to attend the conveyancers branch?
Where you are round the corner to one of the conveyancing solicitors in Houghton Regis you are welcome to attend to sign contracts. However, the law practices we work with supply a national conveyancing service and provide as equally detailed and professional a job for you when communicating with you by post or email. The executing of the contract is not the point of no return. A signed contract is just a prerequisite for the firm to officially exchange at the appropriate time, which is ordinarily shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where a long "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Houghton Regis)to be in the office at the appropriate time.
I require fast conveyancing in Houghton Regis as I am faced with a deadline to sign on the dotted line in less than one month. Luckily I do not require a mortgage. Is it possible to decline from having conveyancing searches to save money and time?
As you are not getting a home loan you are at free not to do searches although no law firm would advise that you don't. With plenty of history conveyancing in Houghton Regis the following are instances of what can be revealed and therefore affect future saleability: Refused Planning Applications, Outstanding Fees, Outstanding Grants, Unadopted Roads,...
I am a sole trader planning to take an assignment of a lease of a shop on a shopping parade. Can you recommend solicitors offering no-move-no costs for commercial conveyancing in Houghton Regis for below 1500k?
We are happy to recommend firms who have specialist knowledge of commercial conveyancing in Houghton Regis, including the disposal and purchase of businesses as well as simply property. Whether you are looking to acquire or dispose of a shop, pub, restaurant, office, retail premises or a complete business we will find you the right lawyer. As for the charges these will vary based on the structure and complexity of the proposed transaction. Let us have your contact information or call so as to enable us to supply you with a detailed commercial conveyancing quote.
I need to appoint a conveyancing solicitor for residential conveyancing in Houghton Regis. I happened to land on a web site which seems to have the perfect answer If there is a chance to get all formalities done via phone that would be ideal. Do I need to be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
Can you set a few of specific advantages to selecting a local property lawyer in Houghton Regis
Home movers in Houghton Regis decide on using a local conveyancer so that they can pop into the lawyer’s offices if they have questions, and to deliver paperwork rather than run the risk of depending on the post.
There is a distinct advantage in using a solicitor nearby to a premises you are buying, due to the knowledge of the area and potential local concerns - but this is moot. Most conveyancers conduct their work via the internet and could be practically anywhere.