I was notified today by my financial adviser that my Waterlooville the law firm I have appointed is not on the lender Conveyancing panel. How can I be sure whether this is correct?
You need to call your Waterlooville conveyancer. You lawyer should advise you what has happened. If they are not on the panel they may be able to suggest a Waterlooville conveyancing firm that is on the approved list of lawyers for your bank.
Is there a search tool that I can utilise to find out if the solicitor handling my conveyancing in Waterlooville is on the bank’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Platform Home Loans Ltd thus spending £187.00 plus VAT in another set of conveyancing charges.
You should make use of the find a lender approved solicitor tool on this site. Pick the mortgage company and type ‘Waterlooville’ or your preferred area and you will see a number of lawyer located in Waterlooville or nearest you.
Do commercial conveyancing searches disclose planned roadworks that could affect a commercial land in Waterlooville?
Its becoming the norm that commercial conveyancing solicitors in Waterlooville will carry out a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in researching accurate data on highways that impact buildings and development assets in Waterlooville. The report provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Waterlooville.
For every commercial conveyancing transaction in Waterlooville it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately may cause delays to Waterlooville commercial conveyancing deals as well as pose a risk to future intentions for the site. These searches are not conducted for residential conveyancing in Waterlooville.
How does conveyancing in Waterlooville differ for newly converted properties?
Most buyers of new build residence in Waterlooville approach us having been asked by the builder to sign contracts and commit to the purchase even before the house is ready to move into. This is because house builders in Waterlooville usually acquire the site, 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 conveyancers 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 Waterlooville or who has acted in the same development.
Due to the encouragement of my in-laws I had a survey completed on a property in Waterlooville prior to appointing solicitors. I have been told that there is a flying freehold overhang to the house. The surveyor has said that some lenders tend refuse to give a loan on a flying freehold house.
It depends who your proposed lender is. Bank of Scotland has different requirements for example to Nationwide. Should you wish to telephone us we can check with the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Waterlooville. Conveyancing will be smoother if you use a solicitor in Waterlooville especially if they are accustomed to such properties in Waterlooville.
We are seeking to buy a repression flat in Waterlooville and the bank selling would like to complete inside a month. Do conveyancing practitioners complete in this timeframe? Am I best advised to instruct a high street Waterlooville firm or an online company that professes to offer speedy conveyancing?
Attend your Waterlooville high street. Pop in to 3 solicitor’s offices and request to see a conveyancing solicitor for an estimate. Discuss your situation and seek assurances on deadlines. Appoint the firm that appears most trustworthy. Be sure to choose a conveyancer on the list of conveyancers acceptable to your bank.