I am not well enough to travel far from Ainsdale. Is there a reason why all Ainsdale solicitors aren't automatically on all bank panels?

A decade ago most lenders demonstrated an attitude to risk which differs from the current day. The financial regulator in 2010 carried out a thematic review into fraud which concluded: know the solicitors on your panel. Accordingly, banks have subsequently looked to extract more data from law firms regarding their operations and the staff employed by them and set certain criteria such as completing a minimum amount of transactions. Many firms have found themselves removed from lender panels even though they had an exemplary disciplinary record, no complaints and zero claims and didn't just 'dabble' in conveyancing. Such firms were never going to meet the minimum amount of transactions the mortgage companies required.

How does conveyancing in Ainsdale differ for new build properties?

Most buyers of new build property in Ainsdale come to us having been asked by the builder to sign contracts and commit to the purchase even before the property is constructed. This is because developers in Ainsdale tend to buy the real estate, 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 Ainsdale or who has acted in the same development.

Hoping to buy a property located in Ainsdale and I am already nervous. I couldn't find anything specific about Ainsdale. Conveyancing will be needed in due course but do you know about the Ainsdale area? or perhaps some other tips you can share?

Rather than looking online forget looking online you should go and have a look at Ainsdale. In the meantime here are some basic statistics that we found

My step-father has suggested that I use his lawyers for conveyancing in Ainsdale. Should I use them?

No doubt the ideal way to select a conveyancing practitioner is to seek feedback from friends or relatives who have previously instructed the conveyancer you're considering.

I have just appointed agents to market my basement apartment in Ainsdale. Conveyancing has not commenced, however I have just received a quarterly maintenance charge invoice – what should I do?

It best that you pay the service charge as normal given that all rents and maintenance charges will be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.

Ainsdale Leasehold Conveyancing - A selection of Queries before Purchasing

How much is the ground rent and service charge? Is anyone aware of any major works anticipated that could add a premium to the service costs?