Is the fact that my conveyancer in Brandon is not on my mortgage company's solicitor panel that there is a problem with the quality of the firm’s conveyancing?
It would be unwise to jump to that conclusion. There are plenty of plausible explanations. Just recently a report by the solicitors regulator indicated that over three quarters of law firms surveyed had been removed from at least one lender panel. The most common reasons for removal are: (1) lack of transactions (2) the solicitor is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Should you be concerned you should simply call the Brandon conveyancing firm and ask them why they are no longer on the approved list for your mortgage company.
I am buying a new build flat in Brandon. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Brandon you will have to appoint a solicitor on your lender's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Brandon.
A relative suggested that if I am purchasing in Brandon I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is occasionally quoted for as part of the standard Brandon conveyancing searches. It is not a small report of more than thirty pages, listing and detailing important information about Brandon around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Brandon Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Local Education with plans and statistics, Local Amenities and other useful data regarding Brandon.
How does conveyancing in Brandon differ for newly converted properties?
Most buyers of new build property in Brandon approach us having been asked by the developer to sign contracts and commit to the purchase even before the premises is ready to move into. This is because new home sellers in Brandon typically buy 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 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 used to new build conveyancing in Brandon or who has acted in the same development.
I'm remortgaging my current home to a buy to let mortgage with Bank of Ireland and intend to use the remaining equity as a deposit on further house. The neighborhood we are looking at is Brandon. Will your lawyers be able to act for both sets of lenders and link together the conveyances?
Make use of our search tool on this page to be sure that the lawyers are approved by both lenders. Having checked that they are your conveyancer will be able to connect the two conveyancing matters but you should have a chat with you solicitor and make clear your expectations and requirements.
Am I best advised to go with a Brandon conveyancing practitioner who is local to the property I am buying? An old friend can carry out the legal formalities but his firm is located over three hundred kilometers drive away.
The primary upside of using a local Brandon conveyancing firm is that you can drop in to execute paperwork, hand in your ID and apply pressure on them if necessary. Having local Brandon know how is a benefit. However nothing is more important than finding someone that will pull out all the stops for you. If if people you trust used your friend and on the whole were happy that must trump using an unfamiliar Brandon conveyancing lawyer just because they are Brandon based.