How does conveyancing in Corbridge differ for new build properties?
Most buyers of new build property in Corbridge contact us having been asked by the housebuilder to sign contracts and commit to the purchase even before the property is completed. This is because new home sellers in Corbridge 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 Corbridge or who has acted in the same development.
I'm converting the mortgage on my primary property to a buy to let loan with HSBC Bank and I will use the ballance of the raised equity as a down payment on a second house. The neighborhood we are looking at is Corbridge. Will your solicitors be able to act for both sets of banks and link together the transactions?
Make use of our search tool on this page to check that the solicitors are on the relevant lender panels. Assuming that they are the solicitor will be able to connect the two deals but you should talk with you conveyancer and communicate your desired outcome and requirements.
Am I better off to choose a Corbridge conveyancing solicitor based in the vicinity that I am hoping to buy? An old friend can deal with the legal formalities however her office is approximately 350kilometers away.
The primary upside of using a high street Corbridge conveyancing firm is that you can drop in to sign documents, deliver your ID and apply pressure on them where appropriate. They will also have local intelligence which is a bonus. However nothing is more important than finding someone that will pull out all the stops for you. If other friends have used your friend and in the main were happy that must trump using an unfamiliar Corbridge conveyancing solicitor solely due to them being round the corner.