My Solicitor in Wallingford is not on the Clydesdale Approved Panel. Can I still retain my family solicitor even though they are excluded from the Clydesdale panel?
Your options are as follows:
- Complete the purchase with your existing Wallingford lawyers but Clydesdale will need to use a lawyer on their panel. This will result in additional total legal fees and result in delays.
- Get an alternative solicitor to act in the conveyancing, obviously checking they are on the Clydesdale panel
Are there restrictive covenants that are commonly identified during conveyancing in Wallingford?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Wallingford. 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…’
How does conveyancing in Wallingford differ for new build properties?
Most buyers of new build property in Wallingford contact us having been asked by the seller to sign contracts and commit to the purchase even before the house is built. This is because builders in Wallingford tend to purchase the real estate, 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 property lawyers 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 used to new build conveyancing in Wallingford or who has acted in the same development.
I've recently found out that there is a flying freehold element on a property I put an offer in last month in what should have been a simple, chain free conveyancing. Wallingford is where the house is located. Is there any advice you can give?
Flying freeholds in Wallingford are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Wallingford you would need to get your solicitor to go through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Wallingford may determine 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.
In surfing the web for the phrase on line conveyancing in Wallingford it brings up numerous property lawyersin the area. How do I determine which is the suitable conveyancer for me?
The preferential way of choosing a suitable conveyancer is via trusted testimonial, so enquire of colleagues and those you trust who have bought a property in Wallingford or a reputable estate agent or mortgage broker. Costs for conveyancing in Wallingford vary, so it's advisable to obtain a minimum of three estimates from varying types of conveyancers. Make sure that you know that the fees are fixed.
My partner and I are FTB’s just having agreed a price on a property in Wallingford, and are now looking to get solicitors lined up. I have used the various comparison tools and the results are from all over the country. Is it advisable to have a Wallingford solicitor local to our potential new home? We are willing to do everything over email, but I am thinking at some point we may need to physically go into the conveyancing practitioner's office to sign documents?
The property lawyer does not need to be in Wallingford, but opting for local means that you have the option to attend their offices if needed, by way of example, if a signature is immediately necessary. In addition, a Wallingford solicitor have established relationships with local agents and (if the vendor has chosen a local property lawyer) with them, which should help smooth the process.