At what point does exchange of contracts take place for residential conveyancing in Chelmsley Wood and do I need to be at the solicitors office?
Where you are in close proximity to our conveyancing solicitors in Chelmsley Wood you are invited in to sign contracts. However, the lender approved solicitors we work with supply countrywide coverage for conveyancing and provide as equally detailed and professional a job for you when communicating with you digitally. The signing of the contract is not when everything is set in stone. Signing on the dotted line is just a prerequisite for the conveyancer to officially exchange at the appropriate time, which is ordinarily shortly after signing. The procedure is nowadays normally dealt with by telephone and can be very rapid, although where a long "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Chelmsley Wood)to be in the office at the appropriate time.
I used Stirling Law several years past for my conveyancing in Chelmsley Wood. I now require my file but the law firm is no longer operating. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Chelmsley Wood of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
About to purchase a new build flat in Chelmsley Wood. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below are examples of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Chelmsley Wood
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There must be mutual enforceability of lessee’s covenants. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.
I decided to have a survey carried out on a house in Chelmsley Wood in advance of appointing conveyancers. I have been told that there is a flying freehold overhang to the house. The surveyor advised that some mortgage companies may refuse to grant a mortgage on a flying freehold home.
It depends who your proposed lender is. Bank of Scotland has different requirements for example to Nationwide. If you e-mail us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Chelmsley Wood. Conveyancing will be smoother if you use a solicitor in Chelmsley Wood especially if they regularly deal with such properties in Chelmsley Wood.
I was recommended by numerous estate agents in Chelmsley Wood to find a property lawyer on your site. What’s the financial inducement for Estate Agents to promote your site over a competitor’s?
We don’t give any referral fee for directing people our way. We found it would be just too difficult to pay a commission because home movers will think, ‘How come the agent getting a kickback? Why am I not getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
We are purchasing a four room first floor flatin Chelmsley Wood with a loan from a lender. We like our conveyancer in Chelmsley Wood yet our mortgage company says she’s not on their "panel". It seems we have little choice but to instruct one of the our bank panel solicitors or stay with our Chelmsley Wood conveyancer and pay for one of their panel ones to represent our lender. We feel as though this is unjust; is there anything we can do?
Unfortunately,no. The lender mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the bank's conveyancing panel. in the past, most banks had large numbers of law firms on their panels, including most conveyancing solicitors in Chelmsley Wood : a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your lawyer to apply to be on the conveyancing panel for your mortgage company.