I am expecting a mortgage with Lloyds. I would like to retain the legal services of a Licensed Conveyancer in Braunton. Does the Lloyds Conveyancing panel include conveyancers regulated by the CLC?
The Lloyds approved solicitor list is, like many other lenders, represented by the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the CLC.
Are the Braunton conveyancing solicitors identified as being on the Coventry BS conveyancing panel, together with their details provided by Coventry BS?
Braunton conveyancing firms themselves provide us confirmation that they are on the Coventry BS conveyancing panel as opposed to being supplied with a list from Coventry BS directly.
My wife and I own a 4 bedroom Edwardian house in Braunton. Conveyancing practitioner represented me and Britannia. I happened to do a free search for it on the Land Registry database and there are a couple of entries: one for freehold, another for leasehold with the exact same property. If a house is not a freehold shouldn't I have been informed?
You need to assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Braunton and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also check the situation with your conveyancing solicitor who conducted the purchase.
How does conveyancing in Braunton differ for newly converted properties?
Most buyers of new build residence in Braunton come to us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the property is finished. This is because builders in Braunton tend to 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 Braunton or who has acted in the same development.
In surfing the internet for the term conveyancing in Braunton it brings up numerous solicitorslocally. How do I determine which is the right conveyancing solicitor for me?
The preferential way of seeking a suitable conveyancer is through a personal recommendation, so seek the opinion of friends and relatives who have acquired a property in Braunton or a respected estate agent or mortgage broker. Charges for conveyancing in Braunton differ, so it's advisable to obtain a minimum of four costs illustrations from different conveyancers. Be sure to obtain confirmation that the fees are fixed.
At last I have had an offer on an apartment in Braunton agreed to, the vendor does however have a connected purchase. The vendors have submitted an offer on on an apartment, but it’s not been accepted yet, and has viewings of other apartments in the pipeline. I have instructed a nearby conveyancing solicitor in Braunton. What should be my next step? At what point should I apply for the mortgage with Nottingham?
It is normal to have anxieties where there is an associated chain given your reluctance to incur costs prematurely (mortgage application is approx £1k, then valuation, Braunton conveyancing search fees, etc). First, you must check that your property lawyer is on the Nottingham approved list. Regarding the next stages this very much depends on the circumstances of your case, desire for this property and on the state of the market. During a buoyant market some purchasers would apply for a home loan with Nottingham and pay for the survey and only if it was satisfactory would they request their property lawyer to move forward with the conveyancing in Braunton.