I am not in a position to travel far from Leeswood. Is there a reason why all Leeswood conveyancers are not on all mortgage company panels?
Even though it may seem unfair for banks to limit who can represent them, from the public’s or conveyancer’s viewpoint, the other side of the coin is that banks are increasingly anxious and feel it essential to defend themselves against mortgage fraud. As a result of this concern banks have restricted their conveyancing panel to a manageable size.
I am looking to buy a flat and need a conveyancing solicitor in Leeswood who is on the HSBC Bank solicitor. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for HSBC Bank in certain locations such as Leeswood. We dont recommend any particular firm.
My relative suggested that if I am buying in Leeswood I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is sometimes quoted for as part of the standard Leeswood conveyancing searches. It is a large document of more than thirty pages, listing and setting out significant information about Leeswood around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Leeswood Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Local Education with maps and statistics, Local Amenities and other useful information regarding Leeswood.
How does conveyancing in Leeswood differ for new build properties?
Most buyers of new build residence in Leeswood come to us having been asked by the developer to sign contracts and commit to the purchase even before the residence is finished. This is because builders in Leeswood typically buy 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 property lawyers 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 accustomed to new build conveyancing in Leeswood or who has acted in the same development.
Yesterday I discovered that there is a flying freehold issue on a property I have offered on last month in what should have been a straight forward, no chain conveyancing. Leeswood is the location of the property. Can you shed any light on this issue?
Flying freeholds in Leeswood are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Leeswood you would need to get your solicitor to go through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Leeswood may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
We're novice buyers - had an offer accepted, but the selling agent advised that the owners will only go ahead if we appoint the agent's recommended lawyers as they need a ‘quick sale’. Our preferred option is to instruct a high street conveyancer used to conveyancing in Leeswood
It is unlikely the vendors are behind this. If they require ‘a quick sale', turning down a genuine purchaser is counter productive. Bypass the agents and go straight to the sellers and explain that (a)you are keen to buy (b)you are ready to go, with finances in place © you have nothing to sell (d) you wish to move quickly (e)however you will continue to use your preferred Leeswood conveyancing firm - as opposed tothose that will give their estate agent a commission or hit his conveyancing targets pre-set by senior management.