How up to date is your search tool for Ascot conveyancing solicitors on the Aldermore conveyancing panel? Do Aldermore send you an updated list?
Ascot conveyancing firms themselves provide us confirmation that they are on the Aldermore conveyancing panel as opposed to being supplied with a list from Aldermore directly.
The Ascot conveyancing lawyers that I recently instructed on my purchase in Ascot have suddenly shut down. I only went with them because I had to have a firm on the HSBC conveyancing panel and my previous Ascot lawyer was not. I cut them a cheque for £250 in advance. What do I do now?
Assuming that you have an Estate Agent in the equation then inform them immediately so that they can let the sellers know that there may be a slight delay due to the problems encountered. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the HSBC conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors may be able to help.
How does conveyancing in Ascot differ for newly converted properties?
Most buyers of new build residence in Ascot contact us having been asked by the builder to exchange contracts and commit to the purchase even before the premises is completed. This is because builders in Ascot tend to purchase 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 Ascot or who has acted in the same development.
Hoping to buy a property located in Ascot and I am already nervous. I couldn't find anything specific about Ascot. Conveyancing will be needed in due course but do you know about the Ascot area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Ascot. In the meantime here are some basic statistics that we found
We're first time buyers - had an offer accepted, yet the selling agent told us that the vendor will only go ahead if we appoint the agent's chosen lawyers as they are insisting on a ‘quick sale’. Our preferred option is to instruct a high street conveyancer with experience of conveyancing in Ascot
We suspect that the seller is unaware of this requirement. Should the seller desire ‘a quick sale', alienating a genuine purchaser is likely to cause more damage than good. Speak to the owners direct and explain that (a)you are keen to buy (b)you are ready to go, with mortgage lined up © you do not need to sell (d) you wish to move quickly (e)but you will continue to instruct your preferred Ascot conveyancing solicitors - rather thanthose that will earn the estate agent a commission or hit his conveyancing targets set by senior management.