The Braintree conveyancing firm handling our Braintree conveyancing has spotted a difference between the assumptions in the home valuation survey and what is in the legal papers for the property. My lawyer has advised that he is duty bound to check that the bank is OK with this discrepancy and is content to go ahead. Is my conveyancer’s approach legitimate?
Your conveyancer must comply with the UK Finance Lenders’ Handbook specifications which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.
There are numerous conveyancing solicitors in Braintree but how do I know who's good?
We would encourage you not to go for the cheapest Braintree conveyancing costs illustration. You really do get what you pay for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
My stepmother advised me that in buying a property in Braintree there may be various restrictions prohibiting external changes to a property. Is this right?
There are a number of properties in Braintree which have some sort of restriction or requirement of consent to perform external changes. Part of the conveyancing in Braintree should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
We previously instructed solicitors based in Braintree on the Nottingham solicitor approved list. They have just billed me a separate fee for dealing with the Nottingham mortgage. Is this an additional conveyancing fee specified by Nottingham?
Unfortunately, so long as it is in their Terms and Conditions or estimate then yes your solicitor can charge a fee for this. This charge is not dictated by Nottingham but by your Braintree solicitor. Some firms on the Nottingham panel will levy ’dealing with mortgage’ fee and others do not.
It has been three months following my purchase conveyancing in Braintree completed. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does conveyancing in Braintree differ for new build properties?
Most buyers of new build residence in Braintree approach us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the residence is built. This is because new home sellers in Braintree typically purchase the site, 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 Braintree or who has acted in the same development.
How do I locate a Braintree solicitor on the Bank of Scotland conveyancing panel? I am a keen cyclist and am happy to travel upto 20kilometers to meet the conveyancer.
You can use the search on this website. Please select a lender and your location and you will see a number of Braintree conveyancing lawyers located nearest you. We have listed some Braintree conveyancing firms at the bottom of this page and you can telephone them to check whether they are on the Bank of Scotland approved list
I am using a search engine for the phrase cheap conveyancing in Braintree it reveals many conveyancerslocally. With so much choice what is the best way to find the suitable solicitor for purchase transaction?
The best way of finding a suitable conveyancer is via personal recommendation, so enquire of friends and those you trust who have bought a property in Braintree or a reputable estate agent or mortgage broker. Fees for conveyancing in Braintree vary, so it's sensible to obtain a minimum of three estimates from varying types of property lawyers. Make sure that you clarify that the costs are guaranteed not to escalate.