At what point will exchange of contracts occur in residential conveyancing in Whitstable and do I need to be at the solicitors branch?
Where you are local to one of the conveyancing solicitors in Whitstable you are welcome to come in to sign the paperwork. However, the firms we recommend offer countrywide coverage for conveyancing and give as equally diligent and professional a job for you when communicating with you digitally. The signing of the purchase agreement is not the critical part. A signed contract is just a prerequisite for the conveyancer to address the formalities when the time is right, which is ordinarily shortly after signing. The exchange process is is usually a five minute process, although where a long "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Whitstable)to be in the office available at the end of the phone to exchange contracts.
My brother-in-law has suggested I instruct a conveyancing solicitor in Whitstable. I I would like to check if they are accepted on the Halifax approved list of lawyers. Can you help?
The first thing you should do is call your lawyer and ask them if they are on the lender panel. Otherwise please get in touch with Halifax who may be able to help.
This question may be naive but I am new to the house moving as a 1st time buyer of a garden flat in Whitstable. Do I receive the keys to the premises on completion from my lawyer? If so, I will appoint a High Street conveyancing solicitor in Whitstable?
There is no need to visit the lawyers office on the day of completion. Your solicitors will electronically transfer the purchase money to the seller's conveyancers, and shortly after the monies have arrived, you will be called to pick up the keys from the property Agents and move into your new home. Usually this happens between 1 and 3pm.
It is not clear whether my bank requires a lease extension. I have telephoned my Whitstable building society branch on numerous occasions and was advised it wasn't an issue and they would lend. My Whitstable conveyancing solicitor - who is on the lender conveyancing panel- called and was told they will not lend in accordance with their UK Finance Lenders’ Handbook minimum lease term requirements. Who do I believe?
As long as the lawyer is on the bank panel, she or he must comply with the Council of Mortgage Lenders’ Handbook provisions for the lender. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years remaining.
Santander have agreed my home loan in principle, my offer on a apartment in Whitstable has been agreed to, now what?
Your property agent will wish to know who your solicitors are (make sure the conveyancers are on the lender’s panel). Telephone Santander or your financial adviser and complete any relevant paperwork. Santander will sellect a valuer who will get in touch with the selling agent or seller to book a slot for the valuation to happen. Once conducted (assuming no problems) it takes about a week for the mortgage offer to be issued. Santander will send the offer to you and your conveyancers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Whitstable.
How does conveyancing in Whitstable differ for newly converted properties?
Most buyers of new build premises in Whitstable come to us having been asked by the seller to sign contracts and commit to the purchase even before the property is built. This is because builders in Whitstable typically acquire 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 accustomed to new build conveyancing in Whitstable or who has acted in the same development.
Is it possible to transfer to a new conveyancer as I need to choose one who is on the Coventry Building Society conveyancing panel. I was using a family conveyancing solicitor in Whitstable round the corner but she is not approved by Coventry Building Society
We will our best to assist in finding you a conveyancing solicitor in Whitstable on the Coventry Building Society panel. Please note that the solicitors that we on the directory do not pay us a referral fee if you instruct them and are under regulation of the Solicitors Regulation Authority who regulate all conveyancing solicitors in Whitstable. Using search facility on this page, you can compare and instruct different solicitors and conveyancers both nationally and in Whitstable.