Various web forums that I have visited warn that are a common cause of delay in Axminster house deals. Is this right?
The Council of Property Search Organisations (CoPSO) published findings of research by MoveWithUs that conveyancing searches do not feature amongst the common causes of delays in the conveyancing process. Local searches are not likely to be the root cause of holding up conveyancing in Axminster.
The deeds to our home are lost. The solicitors who did the conveyancing in Axminster 4 years ago have long since closed. What are my next steps?
As long as the title is registered the information relating to your ownership will be retained by HMLR with a Title Number. It is possible to conduct a search at the Land Registry, identify your property and obtain current copies of the property title for a small fee. If the title is Leasehold then the Land Registry will also normally retain a certified copy of the Registered Lease and again, a copy can be obtained for twenty pounds.
How does conveyancing in Axminster differ for newly converted properties?
Most buyers of new build premises in Axminster come to us having been asked by the developer to exchange contracts and commit to the purchase even before the residence is built. This is because developers in Axminster tend to 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 conveyancers 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 Axminster or who has acted in the same development.
Should I be concerned about 3rd parties that I am dealing with are encouraging me to use a factory type conveyancing firm rather than a High Street Axminster conveyancing company?
As is the case with many professional services, often recommendations from family and friends can be worth their weight in gold. But there are numerous people with a keen interest in a conveyancing deal; estate agents, mortgage brokers and mortgage companies may recommend solicitors to retain. Sometimes these lawyers might be known to one of the organisations as experts in their field, but occasionally there exists a commercial relationship behind the recommendation. You are free to select your preferred lawyer. You need to be aware that many banks operate an approved list of solicitors you must use for the lender related work in your house move.
I am looking for a conveyancing lawyer in Axminster for my remortgage. Is it possible to check a firm’s record with the legal regulator?
Members of the public may see presented Solicitor Regulator Association (SRA) determinations stemming from investigations started on or after 1 January 2008. Visit Check a solicitor's record. For records Pre 2008, or to check a firm's record, phone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For callers outside the UK, use +44 (0)121 329 6800. The regulator could recorded telephone calls for training purposes.
New build sellers have put forward a conveyancer and I've received an estimate from them. They are nearly three hundred pounds cheaper than my own Axminster solicitor. Should I use them?
Housebuilders frequently have lists of solicitors who are quick and who know the seller’s contract and property lawyer. As many developers offer an incentive to choose their approved solicitor for this reason, any increased cost can be avoided and a builder will not recommend a conveyancing factory and run the risk of having the conveyancing stall when they demand an exchange within a tight deadline. A counter-argument for not agreeing to use the suggested lawyer is that they may be reluctant to fight for your interests at the risk of upsetting the sellers. Where you have concerns that this may be the situation you should stick with your high street Axminster lawyer.