Do I find a Licenced Conveyancer or Solicitor for conveyancing in Thetford?

There are many registered licenced Conveyancers in Thetford and Solicitor firms in Thetford to choose from We would stress that the two are supervised by regulatory bodies with both specialising in the legal aspects of transferring property. Both can deal with other property legal work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.

Is there a list of Aldermore panel conveyancers in Thetford on the Council of Mortgage Lender’s Website?

Unfortunately not yet. There is no such tool on the Council of Mortgage Lenders or Building Society Association websites. A small selection of banks make their panel listings visible over the internet. If you are looking for a Thetford conveyancing practitioner on the Aldermore please use our tool.

After much negotiation I have agreed a price on an apartment in Thetford. My mortgage broker recommended their conveyancers. I paid an on account payment of £225. Not long after, the solicitor contacted me embarrassingly acknowledging that they were not on the Co-operative conveyancing panel. Am I right in thinking that I should be due a refund?

You should be able to recover this from the law firm if they were not on the Co-operative panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.

I have recentlyfound out that Wolstenholmes have been shut down. They conducted my conveyancing in Thetford for a purchase of a freehold house 9 months ago. How can I be sure that the property is in my name in the name of the previous owner?

The easiest way to check if the property 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 Thetford conveyancing specialists.

How does conveyancing in Thetford differ for newly converted properties?

Most buyers of new build property in Thetford approach us having been asked by the developer to exchange contracts and commit to the purchase even before the house is built. This is because builders in Thetford usually purchase 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 Thetford or who has acted in the same development.

I have been on the look out for a ground for flat up to £245,000 and identified one near me in Thetford I like with amenity areas and transport links nearby, however it only has 49 years unexpired on the lease. I can't really find anything else in Thetford in this price bracket, so just wondered if I would be making a mistake acquiring a short lease?

If you need a home loan the remaining unexpired lease term will be a potential deal breaker. Reduce the price by the expected lease extension will cost if not already taken into account. If the current owner has owned the premises for a minimum of twenty four months you may request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing solicitor about this matter.

I need to consider estimates for conveyancing in Thetford from various solicitor and decide on one. Am I right to ask them to hold tight until I I have an offer accepted on a flat.

You should wait to request your conveyancing practitioner to open a file and submit searches once the offer has been agreed to on the property especially as Thetford conveyancing searches are costly.