We're in Henlow, First timers purchasing with a mortgage (lender is Coventry BS , and our solicitor is on the Coventry BS conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Coventry BS conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no solicitor should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
Forgive me if this question is silly but I am unexperienced as FTB of a ground floor flat in Henlow. Do I collect the keys to the house on the completion date from my solicitor? If so, I will use a local conveyancing solicitor in Henlow?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will electronically transfer the purchase money to the owner’s lawyers, and once they have received this, you should be called to collect the keys from the property Agents and start moving into the property. Usually this happens between 1 and 3pm.
My partner and I are spending time viewing houses in Henlow and I am now considering a potential offer. Should I already have a conveyancing practitioner in place at this point? I will be getting a home loan with Barclays.
It would be sensible to commence your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their details on to the EA. Given that you are getting a mortgage with Barclays, ask your prospective lawyers if they are on the Barclays conveyancing panel otherwise they can't do the mortgage legal work.
I am due to exchange contracts on my house. I had a double glazing fitted in January 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, Yorkshire BS are being a right pain. The Henlow solicitor who is on the Yorkshire BS conveyancing panel is recommending indemnity insurance as a solution but Yorkshire BS are insisting on a building regulation certificate. Why do Yorkshire BS have a conveyancing panel if they don't accept advice from them?
It is probably the case that Yorkshire BS have referred the matter to their valuer. The reason why Yorkshire BS may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
A friend suggested that if I am buying in Henlow I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is usually included in the estimate for your Henlow conveyancing searches. It is a large document of more than thirty pages, listing and detailing significant information about Henlow around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with maps and statistics, Local Amenities and other useful information regarding Henlow.
How does conveyancing in Henlow differ for new build properties?
Most buyers of new build residence in Henlow contact us having been asked by the developer to sign contracts and commit to the purchase even before the residence is built. This is because new home sellers in Henlow tend to 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 conveyancers 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 Henlow or who has acted in the same development.
I am looking into buying my first house which is in Henlow and I am already nervous. I couldn't find anything specific about Henlow. Conveyancing will be needed in due course but do you know about the Henlow area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Henlow. In the meantime here are some basic statistics that we found
My father-in-law has recommend that I appoint his lawyers for conveyancing in Henlow. Do I take his recommendation?
Much as we are happy to recommend a Henlow conveyancing lawyer it’s preferable to select a conveyancing solicitor is to get recommendations from friends or family who have experience in using the conveyancer that you are considering.