Do conveyancers ask for an advanced payment for my conveyancing in Chantry?
Where you are retaining lawyers for conveyancing in Chantry your solicitor will ask you to provide them with funds to cover the the cost of the conveyancing searches. This will be the total of the cost of the Local Authority Search. If any down payment is payable against the purchase price then this will be required shortly in advance of contracts are exchanged. Any further balance that is needed should be transferred shortly before completion.
The Chantry conveyancing lawyers that just started acting on my purchase in Chantry have without warning closed. They were on acting for me because I needed a firm on the Lloyds conveyancing panel and my previous Chantry lawyer was not. I gave my credit card details for them to take one hundred and fifty pounds for searches. What are my options?
Assuming that you have an Estate Agent in the equation then inform them straight away so that they can let the sellers know that there may be a slight delay due to reasons beyond your control. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Lloyds conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers may be able to assist.
I have justbeen informed that Stirling Law have closed. They conducted my conveyancing in Chantry for a purchase of a leasehold apartment 12 months ago. How can I be sure that the property is registered correctly in the name of the former proprietor?
The easiest way to check if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Chantry conveyancing specialists.
How does conveyancing in Chantry differ for new build properties?
Most buyers of new build residence in Chantry contact us having been asked by the builder to sign contracts and commit to the purchase even before the residence is ready to move into. This is because house builders in Chantry typically acquire the real estate, 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 Chantry or who has acted in the same development.
My husband and I are first time buyers - agreed a price, but the property agent advised that the vendor will only proceed if we instruct their chosen conveyancers as they want an ‘expedited deal’. Our preferred option is to instruct a family conveyancer with experience of conveyancing in Chantry
It is unlikely the sellers are driving this. If they desire ‘a quick sale', taking such a hostile approach to a genuine purchaser is going to damage their objectives. Avoid the agents and go straight to the sellers and make sure they understand (a)you are keen to buy (b)you are excited to move forward, with finances arranged © you do not need to sell (d) you wish to move quickly (e)but you will continue to instruct your own,trusted Chantry conveyancing solicitors - not the ones that will give their negotiator at the agency a commission or meet his conveyancing thresholds pre-set by corporate headquarters.
Are all Chantry legal practices on every lender conveyancing panel?
The Lexsure search tool on this page may be of use or you can drop into your local bank branch in Chantry. Chances are that they will be in a position to recommend some approved conveyancing solicitors in Chantry