At what point does exchange of contracts happen for residential conveyancing in Wick and do I need to be at the lawyers branch?
Where you are in close proximity to one of the conveyancing solicitors in Wick you are invited in to sign documents. However, the lender approved solicitors we recommend provide countrywide coverage for conveyancing and give as equally comprehensive and professional a job for you when dealing with you electronically. The executing of the property agreement is not the point of no return. 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 nowadays normally dealt with by telephone and can be very rapid, although where a lengthy "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Wick)to be in the office at the appropriate time.
I'm spending time viewing apartments in Wick and I am about to put in an offer. Should I already have a property lawyer in place at this stage? I am planning to take a home loan with Kent Reliance.
It would be wise to start your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and pass their contact information on to the selling agent. As you are taking out a mortgage with Kent Reliance, ask your prospective lawyers if they are on the Kent Reliance conveyancing panel otherwise they can't do the mortgage legal work.
I recently had an offer accepted on a house in Wick. My mortgage broker pressured me to appoint their conveyancer. I paid an upfront payment of £150. A few days later, the conveyancing practitioner called me embarrassingly acknowledging that they were not on the Nottingham conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Nottingham panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Principality have agreed my home loan in principle, my bid on a house in Wick has been accepted, what are the next steps?
Your property agent will want to know who your solicitors are (make sure the lawyers are on the lender’s approved list). Contact Principality or your financial adviser and complete any relevant forms. Principality will appoint a valuer who will get in contact with the selling agent or seller to arrange an appointment. Once conducted (assuming no problems) it takes about a week to receive the mortgage offer. Principality will issue 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 Wick.
I require quick conveyancing in Wick as I am under an ultimatum to sign on the dotted line inside one month. A home loan is not required. Can I decline from having conveyancing searches to save fees and time?
As you are are a cash purchaser you have the choice not to have searches carried out although no law firm would recommend that you don't. Drawing on years of experience of conveyancing in Wick the following are instances of what can appear and adversely affect future mortgageability: Enforcement Notices, Outstanding Charges, Outstanding Grants, Railway Schemes,...
Are there restrictive covenants that are commonly identified as part of conveyancing in Wick?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Wick. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
My step-father has suggested that I use his conveyancing solicitors in Wick. Should I use them?
Much as we are happy to recommend a Wick conveyancing lawyer the ideal way to select a conveyancing solicitor is to have guidance from friends or family who have actually experience in using the solicitor you're contemplating using.