I am expecting a mortgage offer from Nat West. I hope to retain the legal services of a Licensed Conveyancer in Hathern. Does the Nat West Conveyancing panel include Licensed Conveyancers?
The Nat West approved solicitor list is, like many other lenders, associated to the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
Why is leasehold purchase conveyancing in Hathern costs more?
In short, leasehold conveyancing in Hathern and elsewhere usually involve additional due diligence compared to freehold conveyancing. This includes reviewing the lease, corresponding with the landlord about the service of required notices, securing current service charge and management information, procuring the landlord’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – regardless of the fact the lease has passed through many different property solicitors hands since it was first granted.
We are downsizing from our property in Hathern and according to the buyers it appears that there is a risk of it being constructed on contaminated land. Any local conveyancer would know this is not the case. It does beg the question why the purchasers used a national conveyancing firm rather than a conveyancing solicitor in Hathern. Having lived in Hathern for three years we know of no issue. Is it a good idea to contact our local Authority to obtain clarification that there is no issue.
It sounds as though you may have a conveyancing solicitor already. What do they say? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
How does conveyancing in Hathern differ for new build properties?
Most buyers of new build premises in Hathern contact us having been asked by the housebuilder to sign contracts and commit to the purchase even before the house is constructed. This is because developers in Hathern usually purchase 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 accustomed to new build conveyancing in Hathern or who has acted in the same development.
Am I right to be wary that brokers that I am dealing with are encouraging me to use a factory type conveyancing firm as opposed to a local Hathern conveyancing practice?
As with lots of service providers, often referrals from relatives can be extremely useful or valuable. Yet there are many parties with a keen interest in a conveyancing transaction; estate agents, mortgage brokers and mortgage companies might all recommend conveyancers to retain. On occasion the solicitors might be known to one of the organisations as one of the best in their field, but sometimes there might be a financial incentive behind the endorsement. You are at liberty to appoint your preferred conveyancer. However, bear in mind that the majority of mortgage providers have an approved list of solicitors you must use for the lender aspect of your conveyancing.
As co-executor for the will of my grandfather I am selling a residence in Neath but reside in Hathern. My conveyancer (who is 235 miles awayhas requested that I execute a statutory declaration ahead of the transaction finalising. Can you recommend a conveyancing lawyer in Hathern who can attest and place their company stamp on the document?
strictly speaking you are not likely to need to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or solicitor will do regardless of whether they are Hathern based