My Solicitor in Ashford is not listed on the Bank of Ireland Approved Panel. Is it possible for me to retain my family solicitor notwithstanding that they are excluded from the Bank of Ireland approved list?
Your options are as follows:
- Carry on with your preferred Ashford lawyers but Bank of Ireland will need to use a solicitor on their list of acceptable firms. This will result in additional overall legal fees and result in frustration.
- Choose an alternative lawyer to act in the purchase, not forgetting to check they are Bank of Ireland approved.
- Persuade your Bank of Ireland based solicitor to try to join the Bank of Ireland panel
I need some fast conveyancing in Ashford as I am under pressure to exchange contracts inside one month. A home loan is not required. Can I decline from having conveyancing searches to save money and time?
As you are not getting a mortgage you are at free not to do searches although no law firm would recommend that you don't. Drawing on years of experience of conveyancing in Ashford the following are instances of issues that can crop up and adversely affect the marketability of the property: Refused Planning Applications, Outstanding Fees, Outstanding Grants, Unadopted Roads,...
It has been 3 months following my purchase conveyancing in Ashford completed. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does conveyancing in Ashford differ for new build properties?
Most buyers of new build or newly converted property in Ashford come to us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the property is ready to move into. This is because new home sellers in Ashford 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 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 accustomed to new build conveyancing in Ashford or who has acted in the same development.
Should I instruct a Ashford conveyancing practitioner who is local to the property I am hoping to buy? An old friend can execute the legal formalities however her office is 400kilometers away.
The benefit of a local Ashford conveyancing firm is that you can attend the office to execute paperwork, deliver your ID and apply pressure on them where appropriate. They will also have local insight which is a benefit. That being said nothing is more important than finding someone that will do a good and efficient job. If other friends have used your friend and in the main were happy that should outweigh using an unfamiliar Ashford conveyancing solicitor just because they are round the corner.