At what point does exchange of contracts occur in purchase conveyancing in Bow and do I need to be at the conveyancers office?
Where you are near to our conveyancing solicitors in Bow you are invited in to sign the paperwork. However, the lender approved solicitors we work with offer a nationwide conveyancing service and provide as equally detailed and professional a job for you when communicating with you digitally. The signing of the sale agreement is not when everything is set in stone. Signing on the dotted line simply enables the solicitor to officially exchange 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 long "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Bow)to be in the office at the appropriate time.
My wife and I are close to exchanging contracts on the sale of our property in Bow and the buyers lawyers are claiming that there is a risk of it being constructed land that was not decontaminated. A high street Bow lawyer would know that there is no such problem. It does beg the question why the purchasers are using a factory type conveyancing outfit rather than a conveyancing solicitor in Bow. Having lived in Bow for 5 years we know of no issue. Should we contact our local Authority to seek confirmation that the buyers are looking for.
It sounds as though you may have a conveyancing firm already. Are they able to advise? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
I decided to have a survey done on a house in Bow prior to instructing solicitors. I have been advised that there is a flying freehold aspect to the property. The surveyor advised that some banks tend refuse to give a mortgage on such a house.
It depends who your proposed lender is. Lloyds has different instructions from Halifax. Should you wish to call us we can investigate further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Bow. Conveyancing will be smoother if you use a solicitor in Bow especially if they are accustomed to such properties in Bow.
Hoping to buy a property located in Bow and I am already nervous. I couldn't find anything specific about Bow. Conveyancing will be needed in due course but do you know about the Bow area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Bow. In the meantime here are some basic statistics that we found
My husband and I are four weeks into a freehold purchase having been referred to a firm by the local agent to carry out the conveyancing in Bow. I am not happy. Can you help me find new solicitors?
They would have to be very bad in order to consider replacing them. Has your mortgage been generated? If so you must make them aware of the new conveyancer and ensure the loan are issued to the new lawyers. The solicitor ideally should be on the lenders panel to avoid supplemental charges and frustration. So that should be your first question of the new lawyers. Our find a solicitor tool will assist you in finding a bank approved lawyer for your home move in Bow
Is it the case that all Bow property lawyers on every bank conveyancing panel?
The Lexsure search tool on this page may be of use or you can pop into your high street lender branch in Bow. the probability is that they can recommend conveyancing solicitors in Bow