When does exchange of contracts happen for purchase conveyancing in Aldeburgh and am I required to be at the conveyancers branch?

If you are local to our conveyancing solicitors in Aldeburgh you are invited in to sign contracts. That being said, the firms we work with offer a national conveyancing service and give as equally comprehensive and professional a job for you when communicating with you digitally. The executing of the contract is not the point of no return. Signing on the dotted line simply enables the solicitor to exchange contracts when the time is right, which is ordinarily shortly after signing. The procedure is is usually a five minute process, although where a long "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Aldeburgh)to be in the office available at the end of the phone to exchange contracts.

I am the sole beneficiary of my late mum's estate and I have everything in my name now, including the house in Aldeburgh. Conveyancing formalities meant that the Land Registry date was in October. I now wish to sell up. I understand that there is a CML six month 'rule', which means that my property ownership will be regarded the same way as if I'd bought the house in October. Will no one buy the property for half a year?

The Council of Mortgage Lenders’ handbook mandates conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you might be affected by that. Most lenders would take a practical view as this clause principally exists to capture the purchase and immediately sell or the wholesaling and assigning of properties.

When it comes to lenders such as Kent Reliance, do Aldeburgh conveyancing practitioners incur a yearly amount to be on the list of approved solicitors?

We are not aware of any lender fees to be on their panel, although some do charge an administration charge to deal with the processing of the conveyancing panel submission.

After months of negotiation I have agreed a price on an apartment in Aldeburgh. My financial adviser recommended their conveyancers. I paid an on account payment of £225. A few days later, the lawyer called me sheepishly admitting that they were not on the Kent Reliance conveyancing panel. Am I right in thinking that I should be due a refund?

You should be able to recover this from the law firm if they were not on the Kent Reliance panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.

I used Arc property Solicitors several years ago for my conveyancing in Aldeburgh. Now, I need the documents however cannot find the solicitor. What do I do?

Do contact the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Aldeburgh of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.

In searching the web for the words conveyancing in Aldeburgh it brings up numerous solicitorsin the vicinity. How do I determine which is the right conveyancer for my move?

The best way of finding the right conveyancer is through a trusted testimonial, so seek the opinion of colleagues and relatives who have acquired a property in Aldeburgh or the respected estate agent or mortgage broker. Fees for conveyancing in Aldeburgh differ, so it's advisable to request a minimum of three estimates from different property lawyers. Make sure that you clarify what costs in the quote includes.

I am buying a house mortgage free. I have provided solicitor with 2 distinct proof of photo identification, bank statement, numerous utility bills. Now he wants a copy from a probate lawyer stating that the money is in place and that it has come from inheritance and not dealing E's in Ibiza.

In today’s world you will not be able to complete any Aldeburgh conveyancing transaction without first providing evidence of your identity to your lawyers. This usually takes the form of a either your passport or driving licence and a utility bill. Remember if you are providing your driving licence as evidence of ID it must be both the paper part and photo card part, one is not acceptable without the other. Proof of your source of funds is required under Money Laundering laws.