We are expecting a mortgage offer soon. The bank mentioned the loan came with free conveyancing. Is the implication that I have to use their panel lawyer as I would prefer to appoint a high street conveyancing solicitor in Aberaeron?
You should check but the the probability is that give you one of their panel conveyancers where you want the "fee-free" deal. Contact the mortgage company and ask if they make available a cash alternative. In the past a few mortgage companies offered a £250 cashback as an alternative in which case you could put that amount towards your preferred conveyancing solicitor near Aberaeron.
The deeds to our property are lost. The conveyancers who conducted the conveyancing in Aberaeron 10 years ago are no longer around. Will I be able to sell the house?
Nowadays there are copies made of almost everything, and your conveyancer will know precisely where to find all the appropriate paperwork so you can purchase or sell your house without a hitch. Where duplicates can’t be found, your solicitor can arrange cover in the form of insurance or indemnities protecting you against possible claims on the property.
How does conveyancing in Aberaeron differ for newly converted properties?
Most buyers of new build residence in Aberaeron come to us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the property is completed. This is because house builders in Aberaeron usually acquire the land, 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 Aberaeron or who has acted in the same development.
I was recommended by numerous estate agents in Aberaeron to choose a solicitor on your site. What’s the financial upside for Estate Agents to promote your lawyers ahead of a competitor’s?
We refuse to give any commission for sending work our way. We thought it would be too underhand to pay a commission as a client could think, ‘Why is the agent getting a kickback? Why aren’t I getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
My father has suggested that I appoint his conveyancing solicitors in Aberaeron. Do I follow his guidance?
There are no two ways about it it’s preferable to select a conveyancing practitioner is to seek guidance from friends or relatives who have experience in using the conveyancer that you are are thinking of instructing.