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Find a Colsterworth Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Colsterworth? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Colsterworth home move at risk of delay or failure.

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Recently asked questions about conveyancing in Colsterworth

As a first time buyer what is the most important advice you can give me about purchase conveyancing in Colsterworth?

You may not hear this from too many lawyers but conveyancing in Colsterworth and elsewhere in England and Wales is often a confrontational experience. In other words, when it comes to conveyancing there exists lots of opportunity for conflict between you and other parties involved in the ownership transfer. For instance, the seller, property agent and even potentially your lender. Choosing a law firm for your conveyancing in Colsterworth should not be taken lightly as your conveyancer is your adviser, and is the ONLY person in the transaction whose responsibility is to act in your legal interests and to protect you.

Every so often a potential adversary will try and convince you that you should follow their advice. For instance, the estate agent may claim to be assisting by suggesting your solicitor is slow. Or your mortgage broker may advise you to do something that is contrary to your conveyancers guidance. You should always trust your lawyer above all other parties in the conveyancing process.

I am purchasing a garden flat in Colsterworth. How practical is it for me to do the conveyancing?

Leaving aside the complexities and merits of DIY conveyancing in Colsterworth you will have to appoint a solicitor on your bank'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 Colsterworth.

I own a renovated Georgian property in Colsterworth. Conveyancing practitioner represented me and Barclays . I did a free Land Registry search last week and there are two entries: one for freehold, the second leasehold with the matching property. I'd like to know for sure, how can I find out??

You should assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Colsterworth and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the position with the conveyancing solicitor who carried out the work.

I've recently found out that there is a flying freehold issue on a property I put an offer in last month in what was supposed to be a straight forward, chain free conveyancing. Colsterworth is the location of the property. Is there any advice you can impart?

Flying freeholds in Colsterworth are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Colsterworth you would need to get your solicitor to go through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Colsterworth may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.

Should I use a Colsterworth conveyancing practitioner in close proximity to the house I am buying? An old friend can carry out the conveyancing however his firm is located a couple of hundredmiles away.

The benefit of a high street Colsterworth conveyancing practice is that you can pop in to execute paperwork, deliver your identification documents and pester them if necessary. Having local Colsterworth know how is a plus. That being said it's more important to get someone that will pull out all the stops for you. If if people you trust instructed your friend and the majority were happy that should outweigh using an unfamiliar Colsterworth conveyancing solicitor just because they are based in the area.

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Find out more about how flying freehold can affect your the value of a property.