I am hoping to receive a offer of a home loan from Nat West. My intention is to retain the legal services of a Licensed Conveyancer in Saltdean. Does the Nat West Conveyancing panel exclude Licensed Conveyancers?
The Nat West approved solicitor list is, like many other lenders, represented by the CML or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
What does my ID and proof of funds have anything to do with my conveyancing in Saltdean? Why is this being asked of me?
Anti-terror and anti-money-laundering rules require solicitors and licensed conveyancers to verify the identity of the person or body they are dealing with before they can accept their conveyancing instruction. The Client Care letter that you need to sign will no doubt reaffirm this. Your lender will also require certain documents to be checked. Should you are unwilling to supply ID verification documents, your solicitor will not be able to take you on as a client.
What will a local search reveal concerning the house I am buying in Saltdean?
Saltdean conveyancing often starts with the submitting local authority searches directly from your local Authority or through a personal search organisations such as PSG The local search plays a central part in many a Saltdean conveyancing purchase; that is if you wish to avoid any unpleasant once you have moved into your property. The search should provide data on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic areas.
How does conveyancing in Saltdean differ for newly converted properties?
Most buyers of new build premises in Saltdean approach us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the residence is finished. This is because house builders in Saltdean tend to 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 conveyancing solicitors 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 Saltdean or who has acted in the same development.
I was advised by a number of estate agents in Saltdean to get a quote from a conveyancer using your seach tool. Is there a financial inducement for Estate Agents to offer your lawyers ahead of alternative conveyancing organisations?
We refuse to give any referral fee for sending work our way. We found it would be just too difficult a fee because home movers will think, ‘Why is the agent getting a kickback? Why aren’t I getting any benefit too?’ So we decided to step away from that.
Me and mypartner and I are searching for an affordable conveyancing lawyer in Saltdean to help me sell my place. I I am fearful of appointing the wrong one but with so many Saltdean conveyancing organisations to pick from...how do I know which one is best to select?
An unbiased personal recommendation from someone who has used a conveyancing lawyer previously is no doubt a best. Almost everyone has used a conveyancing solicitor previously. Feel free to use our comparison tool for Saltdean conveyancing quotes