When will exchange of contracts take place for sale conveyancing in Leigh and do I need to attend the conveyancers office?
Where you are near to one of the conveyancing solicitors in Leigh you are welcome to attend to sign documents. That being said, the law practices we work with provide countrywide coverage for conveyancing and provide just as comprehensive and professional a job for you when dealing with you digitally. The executing of the contract is not the point of no return. Signing on the dotted line is just a prerequisite for the firm to address the formalities when the time is right, which will usually be very shortly after signing. The procedure is is usually a five minute process, although where an extended "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Leigh)to be in the office available at the end of the phone to exchange contracts.
When it comes to mortgage companies such as Virgin Money, do Leigh conveyancers incur a fee to be on the conveyancing panel?
We are unaware of any lender fees to be on their panel, although some do charge an administration fee to deal with the processing of the conveyancing panel submission.
I am buying a property in Leigh. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Skipton be concerned?
As your lender is Skipton your lawyer must check the formal requirements outlined in Section two of UK Finance Lenders’ Handbook for Skipton. The CML Handbook stipulates minimum provisions for solar panel roof-space leases, and lawyers are required to report to Skipton where a lease fails to comply with these conditions. The provisions relate to the installation of panels on properties nationwide and is not restricted to Leigh.
Lloyds have agreed my mortgage in principle, my offer on a apartment in Leigh has been agreed to, now what?
The estate agent will need to know who your solicitors are (make sure the conveyancers are on the lender’s approved list). Telephone Lloyds or your financial adviser and complete any outstanding paperwork. Lloyds will appoint a valuer who will get in contact with the estate agent or seller to arrange a slot for the valuation to occur. Once conducted (assuming no problems) it takes approximately a week for the mortgage offer to be issued. Lloyds will send the offer to you and your conveyancing practitioners. The legal work will then take it’s course according the nature and complexity of the conveyancing in Leigh.
Due to the encouragement of my in-laws I had a survey completed on a property in Leigh ahead of appointing solicitors. I have been told that there is a flying freehold element to the house. The surveyor advised that some mortgage companies tend refuse to give a mortgage on such a premises.
It depends who your proposed lender is. Lloyds has different requirements from Birmingham Midshires. If you call us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Leigh. Conveyancing may be slightly more expensive based on your lender's requirements.
I was pointed in your direction by a number of selling agents in Leigh to select a property lawyer using your seach tool. What’s the financial advantage for Estate Agents to recommend your services rather than another?
We don’t make any financial incentive for pointing buyers and sellers our way. We found it would be just too difficult a fee because members of the public would think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
My father-in-law has suggested that I instruct his conveyancing solicitors in Leigh. Do I follow his guidance?
No doubt the ideal way to select a conveyancing lawyer is to seek feedback from friends or relatives who have actually previously instructed the firm you're contemplating using.