In the event thatI were to acquire a freehold propertyin Bristol for cash and dispense with a survey and no conveyancing searches how much could I expect to to save on my conveyancing in Bristol?
The only saving you would achieve is the disbursement for searches. Your conveyancer still got to do everything else - money laundering, communicating with your vendors property lawyer, stamp duty submission, register the ownership etc. You might save a bit for them not needing to register a mortgage but it will not be significant.
At what point can the exchange of contracts take place for purchase conveyancing in Bristol and do I need to be at the lawyers office?
If you are local to our conveyancing solicitors in Bristol you are welcome to come in to sign documents. That being said, the law practices we work with supply countrywide coverage for conveyancing and provide as equally comprehensive and professional a job for you when dealing with you by post or email. The executing of the contract is not the point of no return. Signing on the dotted line is just a prerequisite for the conveyancer to address the formalities at the suitable time, which is ordinarily shortly after signing. The exchange process is is usually a five minute process, although where an extended "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Bristol)to be in the office at the appropriate time.
I have a decision in principle. The bank mentioned the loan came with free conveyancing. Is the implication that I have to instruct their panel solicitor as I would prefer to instruct a specialised conveyancing solicitor in Bristol?
Do check but the the probability is that appoint one of their panel conveyancers where you take up the "fee-free" deal. Contact the bank to see if they allow a cash alternative. Some mortgage companies have previously offered a £250 cashback as an alternative in which case you could put that amount towards the cost for your conveyancing solicitor in Bristol.
We're first time buyers - agreed a price, but the selling agent informed us that the seller will only proceed if we instruct their recommended lawyers as they are insisting on an ‘expedited deal’. Our preferred option is to instruct a local conveyancer with experience of conveyancing in Bristol
It is highly unlikely the sellers are driving this. If they desire ‘a quick sale', turning down a serious buyer is going to damage their objectives. Try to communicate with the vendors directly and make sure they understand (a)you are keen to buy (b)you are ready to progress, with mortgage lined up © you do not need to sell (d) you wish to move quickly (e)however you will continue to appoint your preferred Bristol conveyancing solicitors - rather thanthose that will give the negotiator at the agency a commission or achieve conveyancing targets set by senior management.
Are there any specific advantages to selecting a high street property lawyer in Bristol
Home movers in Bristol choose a local lawyer so that they can visit in the event that they have concerns, and to collect paperwork rather than run the risk of depending on the Royal Mail.
We would say that there exists a slight edge when selecting a conveyancer local to a property you are planning to purchase, due to the knowledge of the region and possible local issues - yet this is moot. The majority of conveyancers are now over the web and could be practically anywhere.