At what point will exchange of contracts happen for sale conveyancing in New Waltham and am I required to attend the conveyancers office?
If you are near to our conveyancing solicitors in New Waltham you are invited in to sign contracts. However, the firms we recommend offer a national conveyancing service and provide just as diligent and professional a job for you when dealing with you digitally. The signing of the contract is not the point of no return. Signing on the dotted line is necessary for the firm to exchange contracts when the time is right, which will usually be very shortly after signing. The exchange process is is usually a five minute process, although where a lengthy "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in New Waltham)to be in the office available at the end of the phone to exchange contracts.
My property lawyer in New Waltham is not listed on the Chelsea Building Society Conveyancing Panel. Can I still retain my family solicitor even though they are excluded from the Chelsea Building Society panel of approved conveyancing solicitors?
The limited options available to you here include:
- Complete the purchase with your preferred New Waltham solicitors but Chelsea Building Society will need to retain a lawyer on their list of acceptable firms. This will inevitably rack up the total conveyancing charges and cause frustration.
- Find an alternative practitioner to to deal with the conveyancing, not forgetting to check they are on the Chelsea Building Society panel
Are there restrictive covenants that are commonly identified during conveyancing in New Waltham?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in New Waltham. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Due to the advice of my in-laws I had a survey completed on a house in New Waltham ahead of instructing solicitors. I have been told that there is a flying freehold overhang to the property. The surveyor advised that some banks will refuse to issue a mortgage on a flying freehold home.
It depends who your proposed lender is. Santander has different requirements from Nationwide. If you call us we can check with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in New Waltham. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in New Waltham to see if the conveyancing costs will increase in light of this.
Should I be concerned by third parties that I am dealing with are suggesting an internet conveyancing firm as opposed to a local New Waltham conveyancing company?
As with lots of service providers, often recommendations from connections can be extremely useful or valuable. Nevertheless there are lots of people with a keen interest in a conveyancing deal; estate agents, mortgage brokers and mortgage companies may recommend lawyers to select. Sometimes the lawyers might be known to one of the organisations as experts in their field, but sometimes there may be a financial incentive behind the endorsement. You have the right to select your own conveyancer. Don't forget that some banks specify a panel list of conveyancers you have to use for the mortgage related work in your transaction.
As co-executor for the will of my uncle I am selling a house in Swansea but I am based in New Waltham. My solicitor (who is 235 miles from mehas requested that I execute a stat dec before the transaction finalising. Can you recommend a conveyancing solicitor in New Waltham to witness this legal document for me?
strictly speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Normally or notary public or solicitor will be fine regardless of whether they are located in New Waltham