Our bank has suggested solicitors on their panel based in Upney but I would rather use a conveyancing lawyer in Upney or nearer to where I live. Can you help?
It is by no means the case that all Upney conveyancing firms are on all banks conveyancing panel. Do make the most of the above search tool to find a Upney conveyancing solicitor on the on the mortgage company panel.
Should my solicitor be asking questions concerning flooding during the conveyancing in Upney.
The risk of flooding is if increasing concern for solicitors conducting conveyancing in Upney. Plenty of people will buy a property in Upney, completely expectant that at some time, it may suffer from flooding. However, aside from the physical destruction, if a property is at risk of flooding, it may be difficult to obtain a mortgage, suitable building insurance, or sell the premises. Steps can be carried out as part of the conveyancing process to forewarn the purchaser.
Lawyers are not best placed to impart advice on flood risk, but there are a various checks that can be undertaken by the purchaser or on a buyer’s behalf which can give them a better understanding of the risks in Upney. The standard information supplied to a buyer’s lawyer (where the solicitors are adopting what is known as the Conveyancing Protocol) incorporates a standard inquiry of the owner to discover whether the property has suffered from flooding. In the event that the premises has been flooded in past and is not disclosed by the seller, then a buyer could bring a legal claim for losses as a result of such an misleading reply. The purchaser’s conveyancers should also carry out an environmental report. This will reveal if there is any known flood risk. If so, additional inquiries will need to be conducted.
How does conveyancing in Upney differ for newly converted properties?
Most buyers of new build residence in Upney come to us having been asked by the developer to sign contracts and commit to the purchase even before the house is completed. This is because house builders in Upney tend to buy the land, 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 property lawyers 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 Upney or who has acted in the same development.
I decided to have a survey completed on a house in Upney prior to appointing lawyers. I have been informed that there is a flying freehold aspect to the house. My surveyor has said that some mortgage companies will not give a loan on such a property.
It depends who your proposed lender is. HSBC has different instructions from Halifax. Should you wish to telephone us we can check via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Upney. Conveyancing will be smoother if you use a solicitor in Upney especially if they regularly deal with such properties in Upney.
I need to instruct a conveyancing solicitor for freehold conveyancing in Upney. I happened to stumble upon a site which appears to be the perfect answer If there is a chance to get all the legals done via phone that would be ideal. Do I need to be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?