At what point does exchange of contracts take place for sale conveyancing in Forest Row and do I need to attend the conveyancers office?
Where you are near to one of the conveyancing solicitors in Forest Row you are invited in to sign documents. That being said, the lender approved solicitors we recommend supply countrywide coverage for conveyancing and give as equally diligent and professional a job for you when dealing with you electronically. The executing of the contract is not the point of no return. A signed contract simply enables the conveyancer to officially exchange at the suitable time, which will usually be very shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where an extended "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Forest Row)to be in the office available at the end of the phone to exchange contracts.
I have been referred to a conveyancing solicitor in Forest Row. I need to find out whether they are accepted on the Barclays conveyancing panel. Could you advise?
You should contact the lawyer and ask them if they can act for the lender. Alternatively you should get in touch with Barclays who may be able to help.
I have decided to exercise my right to buy my property in Forest Row off the council. I have a mortgage agreed with Nationwide. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Nationwide, you will need to appoint a solicitor on the Nationwide conveyancing panel.
My offer was accepted on a property in Forest Row on 26/9/2024, valuation was booked 2 days later, all came back fine. Property lawyer instructed, so all that was missing was my mortgage offer. Having made daily calls to HSBC and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the HSBC conveyancing panel. Can the lender hold off the offer?
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for HSBC to deal with your lawyer's application to be on the HSBC conveyancing panel. There's no guarantee that your solicitor will be accepted.
I've read lots of mortgage guides, I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my local Forest Row solicitor - who is on the Coventry BS conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. Is that normal?
Coventry BS will need an independent valuation of the property. Your lawyer will not arrange this. Usually Coventry BS will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your lawyer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Forest Row postcode. As you are getting a mortgage with Coventry BS, you could contact them to see if they have a list of approved surveyors in Forest Row.
Various web forums that I have visited warn that are the main reason for hinderance in Forest Row house deals. Is this right?
The Council of Property Search Organisations (CoPSO) published conclusions of research by MoveWithUs that conveyancing searches do not figure within the top 10 causes of delays in the conveyancing process. Searches are unlikely to feature in any delay in conveyancing in Forest Row.
I am buying a garden maisonette in Forest Row. Conveyancing lawyer has been waiting for, from the owner, building insurance schedule. This morning I was advised that the owner must send the insurance paperwork for the flat above in addition. Why does my lawyer want to check the insurance for the other flat? Is it strictly required? We have been stalled for the previous 3 weeks…
It is not unheard of in leasehold conveyancing in Forest Row to discover Conveyancing in Forest Row in a minority of cases reveals that the lease provides for the leasehold owners to insure their individual flats rather than the freeholder insuring the complete premises - which is clearly preferable. You should double check with your solicitor but it would appear that your solicitor is attempting to establish that the entire building is insured. Insuring your residence is no help when it comes to rebuilding after a fire if the other flat cannot be rebuilt as a result of lack of insurance cover.