When does exchange of contracts occur in residential conveyancing in Sutton on Trent and do I need to be at the conveyancers office?
Where you are round the corner to one of the conveyancing solicitors in Sutton on Trent you are welcome to come in to sign contracts. However, the lender approved solicitors we recommend supply a national conveyancing service and provide as equally comprehensive and professional a job for you when dealing with you by post or email. The executing of the sale agreement is not the important part. Signing on the dotted line is necessary for the conveyancer 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 an extended "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Sutton on Trent)to be in the office at the appropriate time.
Is there a search tool that I can use to check that the solicitor conducting my conveyancing in Sutton on Trent is on the lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Nottingham Building Society thus spending £192.00 in further legal charges.
You should take advantage of the search tool on this web page. Please choose the lender and type ‘Sutton on Trent’ or your location and you will discover numerous conveyancers offices in Sutton on Trent or by proximity to you.
Me and my brother own a terraced Victorian property in Sutton on Trent. Conveyancing lawyer acted for me and Lloyds TSB Bank. I did a free Land Registry search last week and there are a couple of entries: one for freehold, another for leasehold with the matching address. If a house is not a freehold shouldn't I have been informed?
You should review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Sutton on Trent and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also enquire as to the position with the conveyancing practitioner who completed the work.
Due to the guidance of my in-laws I had a survey completed on a house in Sutton on Trent in advance of appointing lawyers. I have been advised that there is a flying freehold overhang to the house. My surveyor advised that some banks tend refuse to issue a mortgage on a flying freehold property.
It depends who your proposed lender is. Bank of Scotland has different instructions for example to Birmingham Midshires. Should you wish to telephone us we can look into this further via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Sutton on Trent. Conveyancing may be slightly more expensive based on your lender's requirements.
I'm remortgaging my primary home to a buy to let loan with Clydesdale and intend to use the remaining equity towards a second property. The neighborhood we are talking about is Sutton on Trent. Will your conveyancers be able to act for both sets of lenders and tie in the transactions?
Make use of our comparison tool on this site to check that the solicitors are on the relevant lender panels. Assuming that they are your solicitor should be able to connect the two conveyancing matters but you should talk with you lawyer and specify your expectations and needs.
I have been sourcing a conveyancing lawyer in Sutton on Trent for my purchase. Is it possible to check a solicitor's complaints history with the profession’s regulator?
Anyone can review presented Solicitor Regulator Association (SRA) decisions resulting from inquisitions started on or after Jan 2008. Go to Check a solicitor's record. For information Pre 2008, or to check a solicitors record, phone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, dial +44 (0)121 329 6800. The regulator sometimes monitor telephone calls for training reasons.