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Find a Colchester Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Colchester? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Colchester home move at risk of delay or failure.

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Recently asked questions about conveyancing in Colchester

I have todaybecome aware that Action Conveyancing have closed. They conducted my conveyancing in Colchester for a purchase of a leasehold flat 10 months ago. How can I be sure that my home is not still registered in the name of the former proprietor?

The easiest way to see if the premises is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Colchester conveyancing specialists.

How does conveyancing in Colchester differ for newly converted properties?

Most buyers of new build premises in Colchester approach us having been asked by the builder to sign contracts and commit to the purchase even before the house is constructed. This is because developers in Colchester usually acquire 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 conveyancing solicitors 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 Colchester or who has acted in the same development.

I opted to have a survey completed on a property in Colchester before retaining conveyancers. I have been told that there is a flying freehold overhang to the house. The surveyor has said that some banks may refuse to grant a loan on a flying freehold home.

It varies from the lender to lender. Bank of Scotland has different requirements from Halifax. If you e-mail us we can investigate further with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Colchester. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Colchester to see if the conveyancing will be more expensive.

How do I use the search facility to get a quote from a conveyancing solicitor in Colchester on the approved list for my bank?

1st choose a lender such as Halifax, The Royal Bank of Scotland or Barclays Direct then specify your location for instance Colchester. Conveyancing firms in Colchester and across England and Wales will then be shown.

To what extent are Colchester conveyancing solicitors duty bound by the Law Society to publish clear conveyancing figures?

Contained within the Solicitors Code of Conduct are set rules and regulations as to how the Solicitors Regulation Authority (SRA) allow solicitors to publicise their fees to clients.The Law Society have a practice note giving advice on how to publicise transparent charges to avoid breaching any such rule. Practice notes are not legal advice issued by the Law Society and is not intended as the only standard of good practice a conveyancing solicitor should adhere to. The Practice Note does, nevertheless, represent the Law Society’s view of acceptable practice for publicising conveyancing charges, and accordingly it’s a recommended read for any solicitor or conveyancer in Colchester or further afield.

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Find out more about how flying freehold can affect your the value of a property.