Can conveyancing in Lifton to be completed in 10 days?

In the event that you are under pressure for your conveyancing it is highly recommended that your solicitor is familiar with the location as they will benefit local relationships and insight. It is even conceivable that they could have handled otherhouses in the same neighbourhood. Therefore consider using a Lifton conveyancing firm. In addition, make sure that the conveyancing firm is on the on the approved list for your mortgage company. It is understood that nearly one in five of Lifton conveyancing deals are frustrated or jeopardised after discovering a purchaser’s solicitor was not on their banks member panel. In many cases this discovery resulted in the home move being held up by as much as three weeks. It is understood that this issue impacts approximately one hundred thousand home moves annually. Most Lifton conveyancing firms can not act for certain mortgage companies so do check as early as possible.

As someone unfamiliar with the Lifton conveyancing process what’s the number one tip you can give me for the legal transfer of property in Lifton

Not many law firms or advisers will tell you this but conveyancing in Lifton and elsewhere in Devon is an adversarial experience. In other words, when it comes to conveyancing there is lots of opportunity for conflict between you and other parties involved in the transaction. For example, the vendor, property agent and on occasion the mortgage company. Choosing a solicitor for your conveyancing in Lifton is a critical decision as your conveyancer is your adviser, and is the ONE party in the process whose responsibility is to protect your legal interests and to keep you safe.

Sometimes a potential adversary may try and convince you that you should follow their advice. As an example, the selling agent may claim to be assisting by claiming that your lawyer is wrong. Or your mortgage broker may try to convince you to do take action that is against your solicitors recommendation. You should always trust your lawyer above all other parties in the home moving process.

We wanted to use a conveyancing solicitor in Lifton for our home move. Our broker informed us that our mortgage lenders The Mortgage Works won't deal with them. Surely this is unfair competition?

Before the recession most mortgage companies had an appetite for risk which was higher than today. Almost all Lifton conveyancing firms would have been on most bank panels. The financial services regulator in 2010 carried out a thematic investigation into mortgage fraud which concluded: mortgage lenders should know the conveyancing solicitors dealt with. Consequently, mortgage companies are increasingly seeing more data from law firms relating to their operations and the individuals who work for them as well as establishing certain criteria such a completing on a minimum number of transactions. Many Lifton conveyancing firms that have been excluded from lender panels have Unblemished track record, no complaints and no claims and didn't just 'dabble' in conveyancing. Lifton is one of the hundreds of areas where the lawyers we list are are approved The Mortgage Works.

Do I choose a Licenced Conveyancer or Solicitor for conveyancing in Lifton?

There are two types of lawyers who can conduct conveyancing in Lifton namely licenced conveyancers or solicitors. Both professionals administer the legal services that you need to complete the disposal or purchase of property. Both are required to handle Lifton conveyancing on similar standards and guidelines so you can be sure that your conveyancing will be professionally carried out and that all requisite steps should be correctly taken.

A colleague pointed out to me me that in buying a property in Lifton there may be various restrictions as to what one can do in terms of external changes to a property. Is this right?

We are aware of a number of properties in Lifton which have some sort of restriction or requirement of consent to execute external alterations. Part of the conveyancing in Lifton should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.

When it comes to lenders such as Lloyds, do Lifton property lawyers incur a fee to be on the conveyancing panel?

We are not aware of any bank fees to be on their panel, although some do levy an administration charge to deal with the processing of the conveyancing panel application.

Is planning permission required to split a house into multiple appartments in Lifton? This has occurred to a house next door to my house in Lifton and was unaware of it happening until it was complete.

Planning permission is necessary for splitting a single house in Lifton into apartments but probably not for converting once again to single dwelling-house so, in answer to your question, yes,a it is needed.