I was informed today by my estate agent that my Brixham property lawyer is not on the bank Conveyancing panel. How can I be sure if this is correct?
The first thing you need to do is to contact your Brixham lawyer directly. You lawyer should advise you of the situation. Where they are not on the panel they may recommend you to a Brixham conveyancing practice that is on the conveyancing panel for your bank.
As a FTB what is the most important number one tip you can impart regarding purchase conveyancing in Brixham?
You may not hear this from too many lawyers but conveyancing in Brixham or throughout Devon is an adversarial experience. Put another way, when it comes to conveyancing there exists plenty of room for confrontation between you and other parties involved in the house moving process. For example, the seller, selling agent and sometimes the bank. Choosing a law firm for your conveyancing in Brixham an important selection as your conveyancer is your adviser, and is the SOLE party in the process whose responsibility is to protect your legal interests and to keep you safe.
We are witnessing a worrying increase of a "blame" culture- someone has to be at fault for the process being so protracted. We recommend that you must always trust your conveyancer ahead of the other parties when it comes to the legal assignment of property.
I am purchasing a garden flat in Brixham. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Brixham you will have to appoint a solicitor on your mortgage company'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 Brixham.
How does conveyancing in Brixham differ for newly converted properties?
Most buyers of new build property in Brixham approach us having been asked by the builder to exchange contracts and commit to the purchase even before the premises is constructed. This is because developers in Brixham usually 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 conveyancing solicitors 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 accustomed to new build conveyancing in Brixham or who has acted in the same development.
Yesterday I discovered that there is a flying freehold issue on a property I have offered on two weeks back in what should have been a quick, chain free conveyancing. Brixham is where the house is located. Is there any guidance you can impart?
Flying freeholds in Brixham are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Brixham you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Brixham may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
My husband and I are first time buyers - agreed a price, yet the selling agent advised that the vendor will only go ahead if we instruct the agent's recommended lawyers as they need a ‘quick sale’. My instinct tells me that we should use a local conveyancer used to conveyancing in Brixham
It is highly unlikely the sellers are driving this. Should the vendor desire ‘a quick sale', taking such a hostile approach to a motivated buyer is likely to cause more damage than good. Try to communicate with the owners directly and make the point that (a)you are keen to buy (b)you are ready to progress, with mortgage lined up © you are chain free (d) you wish to move quickly (e)however you will continue to appoint your own,trusted Brixham conveyancing solicitors - as opposed tothe ones that will earn their estate agent a referral fee or hit his conveyancing thresholds pre-set by HQ.