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Find a Summertown Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Summertown? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Summertown transaction at risk of delay or failure.

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Recently asked questions about conveyancing in Summertown

I am buying a terraced house in Summertown. How practical is it for me to do the conveyancing?

Leaving aside the complexities and merits of DIY conveyancing in Summertown you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Summertown.

Should commercial conveyancing searches disclose proposed roadworks that may impact a commercial site in Summertown?

Its becoming the norm that commercial conveyancing solicitors in Summertown will order a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in investigating accurate data on highways that impact buildings and development assets in Summertown. The report sets out 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 Summertown.

For every commercial conveyancing transaction in Summertown it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately could cause delays to Summertown commercial conveyancing transactions as well as pose a risk to future plans for the site. These searches are not conducted for residential conveyancing in Summertown.

I have justbecome aware that Wolstenholmes have been shut down. They conducted my conveyancing in Summertown for a purchase of a freehold house 12 months ago. How can I be sure that my home is not still registered in the name of the former proprietor?

The easiest way to see if the premises is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Summertown conveyancing specialists.

How does conveyancing in Summertown differ for new build properties?

Most buyers of new build property in Summertown come to us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the property is constructed. This is because developers in Summertown usually buy 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 conveyancing solicitors 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 accustomed to new build conveyancing in Summertown or who has acted in the same development.

I've recently found out that there is a flying freehold issue on a property I put an offer in last month in what was supposed to be a quick, chain free conveyancing. Summertown is the location of the property. Is there any advice you can impart?

Flying freeholds in Summertown are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Summertown you must be sure that your lawyer goes through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Summertown may ascertain 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.

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Find out more about how flying freehold can affect your the value of a property.