I am purchasing a new build flat in Loughton. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Loughton you will have to appoint a solicitor on your lender's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Loughton.
This question may be naive but I am wet behind the ears as a first time purchaser of a garden flat in Loughton. Do I receive the keys to the premises on the completion date from my lawyer? If so, I will use a High Street conveyancing solicitor in Loughton?
On the day of completion you do not need to attend the conveyancers office in Loughton. Conveyancing lawyers for you will arrange to send the completion advance to the owner’s conveyancers, and shortly after the monies have arrived, you will be able to collect the keys from the property Agents and move into your new home. Usually this happens between 1 and 3pm.
Does a directory service exist listing Barclays panel solicitors in Loughton on the Council of Mortgage Lender’s Website?
Unfortunately not yet. There is no such facility on the Council of Mortgage Lenders or Building Society Association websites. Very few lending institutions make their panel listings open the public online. Where you are looking for a Loughton solicitor on the Barclays please make the most of our tool.
I'm in the process of viewing flats in Loughton and I am about to put in an offer. Is it too early to have a solicitor in place? I will be getting a mortgage with Co-operative.
It would be sensible to commence your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their details on to the EA. As you are taking out a mortgage with Co-operative, make sure you remember to check that your lawyer is on the Co-operative conveyancing panel.
I am selling our property in Loughton and according to the buyers it appears that there is a risk of it being built land that was not decontaminated. A local conveyancer would know this is not the case. For the life of me I don't know why the buyers used a national conveyancing outfit rather than a conveyancing solicitor in Loughton. We have lived in Loughton for six years we know that this is a non issue. Should we contact our local Authority to get clarification that there is no issue.
It sounds as though you may have a conveyancing solicitor already. Are they able to advise? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
It has been three months following my purchase conveyancing in Loughton completed. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Due to the encouragement of my in-laws I had a survey completed on a property in Loughton prior to instructing lawyers. I have been told that there is a flying freehold aspect to the property. The surveyor advised that some lenders will not issue a mortgage on this type of premises.
It varies from the lender to lender. Lloyds has different instructions for example to Birmingham Midshires. If you call us we can investigate further via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Loughton. Conveyancing will be smoother if you use a solicitor in Loughton especially if they regularly deal with such properties in Loughton.
My husband and I are four weeks into a leasehold purchase having been referred to conveyancers by the estate agent to perform conveyancing in Loughton. I am am extremely disappointed with the quality of service. Could you help me find new solicitors?
They would have to be really bad in order to consider replacing them. Has the mortgage offer been sent? If so you must advise them of the new lawyer and ensure the offer are issued to the new lawyers. Your solicitor ideally should be on the lenders approved list to avoid escalating charges and frustration. That should be your starting point. Our search tool should help you find a bank approved lawyer for your conveyancing in Loughton