Unfortunately I am unable to travel far from Towcester. Is there a reason why all Towcester property lawyers are not on all mortgage company panels?
Banks tend to impose restrictions on either the type or the number of conveyancing solicitors on their panel. Typical examples of such criteria being that a practice is required to have two or more partners. In addition to restricting the nature of firm, some banks decided to restrict the size of their panel they use to act for them. It is worth noting that banks have no accountability for the accuracy of advice given by any Towcester lawyer on their panel. Mortgage fraud was the primary trigger for the culling of solicitor panels in the last decade even though there are conflicting views concerning whether solicitors sat at the center of that fraud. Statistics from HM Land Registry exposes that thousands of law practices only conduct a couple of conveyances annually. Those advocating conveyancing panel consolidation question why law firms deserve the right to be on a lender panel when it is evident that conveyancing is not their primary expertise?
When does exchange of contracts take place for domestic conveyancing in Towcester and do I need to attend the conveyancers office?
If you are near to our conveyancing solicitors in Towcester you are welcome to come in to sign the paperwork. That being said, the lender approved solicitors we work with supply countrywide coverage for conveyancing and give as equally comprehensive and professional a job for you when communicating with you by post or email. The signing of the sale agreement is not the important part. Signing on the dotted line simply enables the firm to exchange contracts when the time is right, which is ordinarily shortly after signing. The procedure is is usually a five minute process, although where a lengthy "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Towcester)to be in the office available at the end of the phone to exchange contracts.
We are planning to move home in March. Will my conveyancing solicitor communicate with the removal company on the completion day. On a separate note, can you suggest a removal company in Towcester. Conveyancing firm was organised before I stumbled across your page.
On the day of completion you will need to collect the keys from the selling agent however this should only happen when the previous owners solicitors confirm to the agent that the monies to complete are in and the keys can be collected. You will need to advise the removal company that they can start moving you in. As a matter of policy we do not suggest a particular removal organisation but can help you choose a conveyancing in Towcester or a legal practice that specialises in conveyancing in Towcester.
My wife and I buying a 4 bedroom semi-detached house in Towcester. We would like to an extension at the rear at the property.Will legal due diligence on the property include enquiries to determine if these works were previously refused?
Your conveyancer will review the registered title as conveyancing in Towcester can sometimes identify restrictions in the title deeds which prevent categories of alterations or require the consent of a 3rd party. Certain additions require local authority planning permissions and approval under the building regulations. Many locations are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. It would be wise to check these things with a surveyor before you commit yourself to a purchase.
My husband and I have organised the release of further funds on our mortgage from Leeds Building Society as we wish to conduct renovations to our property in Towcester. Do we need to select a nearby Towcester solicitor on the Leeds Building Society conveyancing panel to deal with the legals?
Leeds Building Society would not normally require firms on their approved list of lawyers to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Leeds Building Society conveyancing panel.
My colleague recommended that if I am purchasing in Towcester I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is sometimes included in the estimate for your Towcester conveyancing searches. It is a large report of about 40 pages, listing and detailing significant information about Towcester around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Towcester Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Towcester Education with plans and statistics, Local Amenities and other useful data concerning Towcester.
I've recently found out that there is a flying freehold element on a property I put an offer in two weeks back in what should have been a straight forward, no chain conveyancing. Towcester is the location of the property. Can you offer any guidance?
Flying freeholds in Towcester are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Towcester you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Towcester may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
I'm refinancing my existing home to a buy to let loan with Accord Mortgages Ltd and intend to use the remaining equity as a deposit on further property. The neighborhood we are talking about is Towcester. Will your lawyers be able to act for the two lenders and tie in the two deals?
Do use our search tool on this site to check that the conveyancers are on the appropriate lender panels. Assuming that they are your solicitor will be able to simultaneously deal with the two deals but you should have a chat with you conveyancer and make clear your desired outcome and needs.