Are you able to recommend a Godiva Mortgages Ltd sanctioned Lymington conveyancing lawyer finish our home move within a very limited time frame? Would it be better to use a high street Lymington practice or a web based conveyancer?
We would be happy to suggest some excellent Lymington conveyancing firms. Another option is to visit the high street in Lymington. Go in to some well established firms and request to see a conveyancing solicitor for a fee estimate. Mention your expectations together with the reasons and get a commitment on your deadline. Select the lawyer that you are most comfortable with.
Completed the sale of my flat in Lymington last March but the buyer keeps texting me complaining that his conveyancer is waiting to hear from mylawyer. What should my lawyer have done following completion?
Following your house sale your solicitor should forward the transfer documentation and all of the paperwork to the purchaser's lawyers. Depending on the transaction, your conveyancer must also send confirmation that the mortgage has been repaid to the buyers lawyers. There is unlikely to be post completion tasks unique to conveyancing in Lymington.
My property lawyer in Lymington has never been on on the Alliance & Leicester Conveyancing Panel. Is it possible for me to retain my family solicitor notwithstanding that they are excluded from the Alliance & Leicester panel?
Your options are as follows:
- Complete the purchase with your existing Lymington lawyers but Alliance & Leicester will need to instruct a lawyer on their list of acceptable firms. This will result in additional overall legal charges and cause delays.
- Get an alternative practitioner to to deal with the conveyancing, not forgetting to check they are on the Alliance & Leicester panel
How does conveyancing in Lymington differ for new build properties?
Most buyers of new build residence in Lymington come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the property is built. This is because developers in Lymington typically purchase 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 Lymington or who has acted in the same development.
Due to the input of my in-laws I had a survey completed on a house in Lymington before appointing conveyancers. I have been informed that there is a flying freehold element to the house. The surveyor has said that some mortgage companies may refuse to issue a loan on such a premises.
It depends who your proposed lender is. Santander has different instructions from Halifax. Should you wish to telephone us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Lymington. Conveyancing may be slightly more expensive based on your lender's requirements.
We recently become aware that one of the directors of the solicitors handling the purchase conveyancing in Lymington is related to the owners that we are purchasing from. Is this acceptable?
Provided there is no conflict of interest this is permitted. Where you are obtaining mortgage finance then the mortgage company may have a say as many lenders have specific requirements on this. For example for Chelsea Building Society as of 26/7/2021, the requirements read as follows :
* there is no conflict of interest and none arises during the transaction
* the firm is a partnership
* the conveyancer acting is not the borrower or a member of the borrower's immediate family.