Please explain the implications if my lawyer’s firm is removed from the Nottingham Conveyancing panel ahead of completing my conveyancing in Liphook?
First, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
Forgive me if this question is silly but I am wet behind the ears as FTB of a two bedroom flat in Liphook. Do I receive the keys to the property on the completion date from my solicitor? If this is the case, I will find a High Street conveyancing solicitor in Liphook?
On the day of completion you do not need to go to the conveyancers office in Liphook. Your solicitors will transfer the purchase money to the owner’s lawyers, and shortly after the monies have arrived, you should be called to receive the keys from the selling Agents and start moving into the property. Usually this occurs early afternoon.
We have a mortgage agreed in principle with TSB. Liphook conveyancing solicitors were appointed. How long does it take for TSB to send the offer to the conveyancing practitioner?
There is no definitive answer here. Have TSB completed the survey? Have you advised TSB as to your lawyers' details and checked that your lawyers are on the TSB conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
Principality have agreed my home loan in principle, my offer on a apartment in Liphook has been accepted, now what?
The property agent will need to know who your solicitors are (ensure that the lawyers are on the bank’s approved list). Call up Principality or your broker and complete any relevant paperwork. Principality will instruct a valuer who will get in touch with the selling agent or vendor to book a time for the valuation to occur. Once carried out (assuming no problems) it takes on average a week to get a mortgage offer. Principality will send the offer to you and your conveyancers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Liphook.
I need some fast conveyancing in Liphook as I am faced with pressure to exchange contracts in less than 4 weeks. Thankfully I do not need a mortgage. Can I decline from having conveyancing searches to save fees and time?
As you are not taking a home loan you are at liberty not to have searches conducted although no lawyer would recommend that you don't. Drawing on our experience of conveyancing in Liphook the following are instances of what can appear and adversely impact the marketability of the property: Enforcement Actions, Overdue Fees, Outstanding Grants, Railway Schemes,...
Over the last few months I have been searching for a leasehold apartment up to £305k and identified one near me in Liphook I like with open areas and railway links nearby, the downside is that it's only got 49 remaining years left on the lease. There is not much else in Liphook suitable, so just wondered if I would be making a grave error acquiring a short lease?
Should you need a mortgage the remaining unexpired lease term may be problematic. Reduce the price by the anticipated lease extension will cost if it has not already been discounted. If the current owner has owned the property for a minimum of 2 years you could request that they start the process of the extension and pass it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer regarding this matter.
How easy is it to transfer to a new conveyancer as I have to select one who is on the The Royal Bank of Scotland conveyancing panel. I instructed a high street conveyancing solicitor in Liphook round the corner but he is not accepted by The Royal Bank of Scotland
It would be our pleasure to help you select a conveyancing solicitor in Liphook on the The Royal Bank of Scotland panel. Please note that the solicitors that we on the directory do not pay us commission if you instruct them and are regulated by the Solicitors Regulation Authority who regulate all conveyancing solicitors in Liphook. In utilising the find a conveyancing solicitor tool on this site, you can compare and instruct different solicitors and conveyancers both nationally and in Liphook.
I am using a search engine for the phrase on line conveyancing in Liphook it brings up numerous solicitorsin the area. With so much choice what is the best way to find the suitable conveyancing solicitor for purchase transaction?
The ideal way of finding a suitable conveyancer is through a trusted testimonial, so enquire of colleagues and those you trust who have bought a property in Liphook or the local estate agent or financial adviser. Charges for conveyancing in Liphook differ, so it's sensible to obtain at least three estimates from varying types of property lawyers. Make sure that you clarify that the costs are assured not to increase.