Find a Lender-Approved Local Conveyancer in Potton

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Conveyancing in Potton : Keep it Local

Main reasons to use our service to assist you find a high street conveyancing solicitor in Potton

  • 1 Solicitors that specialise in conveyancing in Potton are familiar with the local issues peculiar to Potton and therefore you may benefit from better guidance and faster conveyancing.
  • 2 Low cost packages from online conveyancers might be tempting. However, these organisations are often located many miles away with little understanding of the factors that affect property transactions in Potton
  • 3 Potton conveyancers work in conjunction with Potton estate agents, house builders, surveyors, mortgage companies and other professionals to make sure that a quality service is provided to home movers every step of the way, with the intention of reducing administrative burdens and transaction times
  • 4 Retaining the services of a a family Solicitor generally means that you will receive a more personalised service. Online forums often suggest that in choosing a an online conveyancing factory, your conveyancing is handled by a team of people who who progress matters by reading from their computer screens.
  • 5 The hallmark of our conveyancing solicitors in Potton is quality not quantity. The level of service offered by conveyancing "factories" (sometimes 'recommended' by large estate agency chains) sometimes falls short of the level of professionalism you will expect.

Examples of recent conveyancing in Potton since July 2021*

Disposal

of terraced residence, Market Square, SG19 2NP completing on 02/08/2021 at a price of £340,000. The legal transfer of property incorporates some of the following tasks: dealing with appropriate requisitions and enquiries, sending the transfer to the seller for execution in preparation for completion, setting up the completion formalities

Transfer

of terraced residence, Sycamore Close, SG19 2LQ completing on 10/08/2021 at a price of £465,000. The conveyancing process incorporates some of the following tasks: sending conveyancing papers to buyers representatives, agreeing completion date with parties, setting up the completion formalities

Transfer

of terraced residence, Chapel Field, SG19 3QP completing on 15/07/2021 at a price of £485,000. The conveyancing process included amongst the various tasks: ordering official copies of the title, preparing statement detailing charges, sending title deeds and signed transfer to purchaser’s lawyers

Disposal

of house residence, Sutton Hill, SG19 2HL completing on 16/07/2021 at a price of £1,400,000. The legal transfer of property included amongst the various tasks: sending conveyancing papers to buyers representatives, taking formal instructions from and updating the seller client, preparing statement detailing charges

Recently asked questions about conveyancing in Potton

I am acquiring a ground floor flat in Potton. My lawyer has never been on on the bank solicitor panel. Is it possible for me to continue with my Potton conveyancing solicitor even though they are excluded from the bank approved list?

You have a number of options available to you here

  • Complete the deal with your preferred Potton conveyancer but your bank will no doubt use a conveyancer from their approved list. The net result is additional charges together with potential frustration.
  • Choose a fresh property lawyer to conduct the conveyancing, obviously checking they are on the lender conveyancing panel.
  • Convince your conveyancer to do everything within their powers to join the mortgage company panel of solicitors

Our solicitor has identified a defect with the lease for the flat we are buying in Potton. The other side have offered defective title insurance as a solution. We are content with insurance and will pay for it. Our solicitor says that he must be satisfied that the lender is happy with this solution. Who is the client here, us or the mortgage company ?

The short answer to your last question is that, notwithstanding the potential for a conflict of interest, you and the mortgage company are the client. Your property lawyer must comply with the UK Finance Lenders’ Handbook requirements. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects with the lease so that the lender can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected. Should you refuse to allow your lawyer to make the appropriate notification then your solicitor will have no choice but to discontinue acting for you.

If you had a top tip for choosing a conveyancing solicitor in Potton what would it be?

It would be unwise to be swayed by the cheapest Potton conveyancing fees. You really do get what you pay for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of time.

My aunt pointed out to me me that in purchasing a property in Potton there may be various restrictions limiting what one can do in terms of external alterations to a property. Is this right?

There are a number of properties in Potton which have some sort of restriction or requirement of consent to execute external alterations. Part of the conveyancing in Potton should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.

I'm in the process of viewing flats in Potton and I am about to put in an offer. Is it too early to have a solicitor in place? I will be getting a home loan with Santander.

It would be sensible to start 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 pass their contact information on to the EA. As you are getting a mortgage with Santander, make sure you remember to check that your lawyer is on the Santander conveyancing panel.

My wife and I are selling our property in Potton and the buyers lawyers are claiming that there is a possibility that the property was constructed on contaminated land. Any local conveyancer would know this is not the case. It does beg the question why the buyers used a national conveyancing outfit rather than a conveyancing solicitor in Potton. Having lived in Potton for 5 years we know that this is a non issue. Is it a good idea to contact our local Authority to get confirmation need.

It sounds as though you may have a conveyancing firm currently acting for you. 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 health insurance to cover that same sickness)

What makes your site different to other internet conveyancing brokers when it comes to conveyancing in Potton?

At this site get an accurate quote via a Solicitor or Licensed Conveyancer that understands the nuances of your conveyancing in Potton. Unlike many estate agents and many comparison sites we do not charge firms a fee if you instruct them for your home move in Potton

We are in the process of selling our flat in Potton. Conveyancing is fine but we are being charged an extortionate amount by the freeholder. So far we have issued a cheque for £237 for a leasehold management information and then a further £117.20 for answers to questions supplied by the purchaser's property lawyer.

You will not have any say over the level of the bill for this information however the typical fee for the information for Potton leasehold property is £395. For Potton conveyancing deals it is customary for the seller to cover the charges. The landlord or their agents are not duty bound to address these questions most will be willing to do so - albeit often at high prices disproportionate to the work involved. Regretfully there is no legislation that mandates capped charges for administrative tasks. Nor is there any statutory time limit by which they are duty bound to provide answers.

Last updated

Sample of conveyancing solicitors in Potton regulated by the SRA

It is important to note that the listed firms do not limit their work for conveyancing in Potton but also conveyancing throughout England and Wales.

  • Motley & Hope, The Manor House, 11 Shortmead Street, Biggleswade, Bedfordshire, SG18 0AT
  • Woodwards, 3 High Street, Biggleswade, Bedfordshire, SG18 0JE

Home buying in Potton is a complex business, both legally and administratively. The exact order of events varies slightly, below are some of the tasks in the process.

  • Obtaining instructions from parties involved
  • Checking the title unregistered or registered
  • Undertaking Potton property searches for the property
  • Considering the draft sale agreement and other documentation supplied by the vendor’s solicitor
  • Raising queries with the vendor’s solicitor
  • Agreeing the wording of the purchase contract
  • Reviewing replies provided by the seller to pre-exchange enquiries
  • Agreeing the wording for the Transfer document
  • Guiding the purchasing in respect of the loan offer: (if applicable)
  • Drawing up and sending the buyer a report on title (that is; reporting to the purchaser on the contents of the contract pack, pre-contract enquiries and the result of the searches)
  • Proceeding to exchange of contracts and then completion of the purchase
  • Preparing and submitting to HMRC the correct Land Tax forms and payment
  • Registering the transfer of ownership and the mortgage (where appropriate) at the Land Registry.

Potton commercial property solicitors provide expert offering advice on a variety of aspects of commercial property law

    Comprehensive advice on planning issues Lease renewals and variations Development, including options, overage agreements, JCT building contracts Property finance transactions, including sale and leaseback Shops,offices,barn conversions, industrial units, commercial trading estates, retail and leisure developments and large residential estates Industrial and warehouse premises

*Source acknowledgement: House price data produced by Land Registry as well data supplied by Lexsure Ltd.

© Crown copyright material is reproduced with the permission of Land Registry under delegated authority from the Controller of HMSO.