The housing market in Soham is heating up. What can I do to speed up the conveyancing process?
In the event that the seller is applying time constraints for your conveyancing we would recommend that your solicitor is familiar with the location as they will benefit local connections and knowledge. It is even conceivable that they would have conducted previousproperties in the same street. Therefore consider using a Soham conveyancing solicitor. Second, double check that the conveyancing firm is on the member panel. It is said that just under twenty per cent of Soham conveyancing deals are delayed or derailed after discovering a purchaser’s solicitor was not on their banks member panel. This can often result in the home move being delayed by as much as three weeks. It is estimated that this issue impacts approximately 100,000 home sales every year. Almost all Soham conveyancing firms can not represent certain lenders so do check at the outset.
As I am unsure how the conveyancing process works what is the most important advice you can impart regarding purchase conveyancing in Soham?
You may not hear this from too many lawyers but conveyancing in Soham or throughout England and Wales is an adversarial process. Put another way, when it comes to conveyancing there exists an abundance of room for conflict between you and others involved in the legal transfer of property. For instance, the vendor, estate agent and sometimes your bank. Choosing a lawyer for your conveyancing in Soham should not be taken lightly as your conveyancer is your adviser, and is the ONLY person in the legal process whose interest is to protect your best interests and to keep you safe.
Sometimes a potential adversary may try and convince you that it is in your interests to do things their way. For example, the selling agent may claim to be assisting by claiming that your conveyancer is wrong. Or your mortgage broker may try to convince you to do something that is against your lawyers recommendation. You should always trust your lawyer above all other parties in the conveyancing process.
My grandmother passed away six months ago and as sole heir and executor I was left the property in Soham. The house had a small mortgage remaining of approximately £8000. I want to transfer the title deeds into my name whilst I re-mortgage to Barclays, pay off the mortgage. Is this allowed?
If you plan to re-mortgage then Barclays will require that you use a conveyancer on the Barclays conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Barclays conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Barclays mortgage is registered as a charge at the Land Registry.
A relative advised me that in purchasing a property in Soham there may be a number of restrictions preventing external alterations to a property. Is this right?
We are aware of a number of properties in Soham which have some sort of restriction or requirement of consent to carry out external changes. Part of the conveyancing in Soham should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I am due to move home in July. Should my conveyancing solicitor communicate with the removal company on the day of completion. Incidentally, can you suggest a removal company in Soham. Conveyancing solicitor was organised prior to coming across your site.
On the afternoon of completion you can pick up the keys from the property agent however this should only be done once the vendors lawyers confirm to the agent that they acknowledge receipt of the completion payment and the keys can be passed over. You should inform the removal men that you are ready to move in. As a matter of policy we do not suggest a particular removal company but can help you choose a residential property solicitor in Soham or a legal practice that specialises in conveyancing in Soham.
Can I be sure that the Soham conveyancing solicitor on the Santander panel is any good?
When it comes to conveyancing in Soham seeking recommendations is a good starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always advocate that you speak with the lawyer carrying out your conveyancing.
My husband and I are novice buyers - had an offer accepted, yet the property agent informed us that the owners will only proceed if we instruct the agent's recommended lawyers as they need an ‘expedited deal’. We would rather use a high street solicitor accustomed to conveyancing in Soham
We suspect that the seller is not behind this request. Should the owner desire ‘a quick sale', taking such a hostile approach to a serious buyer is likely to cause more damage than good. Speak to the vendors direct and explain that (a)you are keen to buy (b)you are excited to move forward, with finances arranged © you have nothing to sell (d) you wish to move quickly (e)however you intend to appoint your own,trusted Soham conveyancing firm - rather thanthose that will earn the estate agent a referral fee or meet his conveyancing figures demanded by senior management.