When can the exchange of contracts happen for sale conveyancing in Fowey and am I required to be at the conveyancers branch?

Where you are local to our conveyancing solicitors in Fowey you are welcome to come in to sign contracts. However, the firms we recommend provide countrywide coverage for conveyancing and give as equally detailed and professional a job for you when communicating with you by post or email. The signing of the contract is not the important part. A signed contract is just a prerequisite for the conveyancer to exchange contracts when the time is right, which is ordinarily shortly after signing. The exchange process is is usually a five minute process, although where a lengthy "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Fowey)to be in the office at the appropriate time.

We're in Fowey, First time buyers buying with a mortgage (lender is Lloyds , and our lawyer is on the Lloyds conveyancing panel). How long should the conveyancing process take?

The fact that your lawyer is on the Lloyds conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no solicitor should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.

I am purchasing a house and the conveyancer has mentioned Chancel Repair for which the property could be liable as it falls into the area of such a church. She has recommended insurance. Is this strictly required for conveyancing in Fowey

Unless a prior acquisition of the property completed post 12 October 2013 you may expect lawyers carrying out conveyancing in Fowey to continue to propose a a chancel search and or chancel repair liability insurance.

I'm buying my first flat in Fowey benefiting from help to buy. The builders refused to move on the amount so I negotiated 6k of extras instead. The house builders rep told me not reveal to my conveyancer about this deal as it will put at risk my loan with TSB. Is this normal?.

All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

I'm remortgaging my current house to a buy to let mortgage with Barclays Direct and intend to use the remaining equity as a deposit on further house. The location we are looking at is Fowey. Will your conveyancers be able to act for the two mortgage companies and tie in the two deals?

Make use of our search tool on this site to ensure that the lawyers are on the relevant lender panels. Assuming that they are the solicitor should be able to connect the two conveyancing matters but you should talk with you solicitor and specify your desired outcome and needs.