We note that you have a post code search directory listing solicitors on the HSBC conveyancing panel. Do companies pay you a referral fee if I appoint them for our own conveyancing in Debenham?
We are a listing service only for law firms wishing to communicate if they are on the HSBC conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Debenham.
I am considering applying for a Kent Reliance mortgage for purchase of a new build (under development) in Debenham with 65 per cent LTV. Is it compulsory to choose a solicitor on the conveyancing panel for Kent Reliance ?
In theory, you could use a solicitor that is not on the Kent Reliance conveyancing panel, but Kent Reliance would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.
A relative suggested that if I am buying in Debenham I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is sometimes included in the estimate for your Debenham conveyancing searches. It is not a small report of more than thirty pages, listing and detailing important information about Debenham around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Debenham Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Debenham Education with maps and statistics, Local Amenities and other useful information concerning Debenham.
It has been 4 months following my purchase conveyancing in Debenham concluded. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does conveyancing in Debenham differ for newly converted properties?
Most buyers of new build property in Debenham approach us having been asked by the developer to sign contracts and commit to the purchase even before the residence is constructed. This is because house builders in Debenham usually buy 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 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 accustomed to new build conveyancing in Debenham or who has acted in the same development.
My brother has suggested that I use his conveyancing solicitors in Debenham. Do I take his guidance?
There are no two ways about it the ideal way to choose a conveyancing solicitor is to get referrals from friends or relatives who have used the solicitor you're considering.