We are hoping to acquire a 3 bedroom flat in Bordon with a mortgage. We like our Bordon conveyancer, however the bank advise she’s not on their "panel". It seems we have little option but to appoint one of the lender panel conveyancing practices or continue with our Bordon conveyancing practitioner and pay for one of their panel ones to represent them. We regard this is unjust; can we not require that the mortgage company use our Bordon solicitor ?
No, not really. Your mortgage offer is subject to its terms and conditions, one of which will be that lawyers will on the bank’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your Bordon conveyancing solicitor to apply to be on the conveyancing panel.
A colleague recommended that where I am buying in Bordon I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is sometimes included in the estimate for your Bordon conveyancing searches. It is not a small report of more than thirty pages, listing and setting out significant information about Bordon around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Bordon Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Bordon Education with plans and statistics, Local Amenities and other useful data about Bordon.
How does conveyancing in Bordon differ for newly converted properties?
Most buyers of new build premises in Bordon contact us having been asked by the seller to sign contracts and commit to the purchase even before the residence is built. This is because house builders in Bordon typically buy the real estate, 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 property lawyers 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 Bordon or who has acted in the same development.
My partner has recommend that I instruct his conveyancing solicitors in Bordon. Do I take his recommendation?
There are no two ways about it the ideal way to choose a conveyancing lawyer is to seek referrals from friends or relatives who have actually previously instructed the firm that you are contemplating using.
What type of property do your Bordon conveyancing estimates relate to?
Our conveyancing quotes are only relevant to standard domestic homes in England & Wales. Where you have any different requirements for instance industrial or agricultural land or commercial conveyancing in Bordon you should telephone us to discuss your requirements .