We were about to retain a conveyancing solicitor in Dickens Heath found by you but stumbled across some other quotes via the web look less expensive – why is this?
There are plenty of conveyancers advertising at first sight what seems to be extremely cheap conveyancing in Dickens Heath. You should give due consideration about how much you respect your own move to you are willing to take 'cheap' risks over the quality of the conveyancing. Many of them highlight a budget fee to grab your attention but plant extra charges in the fine print..
My conveyancer has uncovered a defect with the lease for the apartment we are buying in Dickens Heath. The other side have suggested defective title insurance as a solution. We are happy with insurance and will cover the costs. Our lawyer has advised that he must ensure that the bank is happy with this solution. Are we the client or is the bank?
The short answer to your last question is that, notwithstanding the risk of a conflict of interest, you and the bank are the client. Your conveyancer must comply with the UK Finance Lenders’ Handbook conditions. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects with the lease so that the mortgage company can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected. Should you refuse to allow your lawyer to make the appropriate notification then your conveyancer will have no choice but to discontinue acting for you.
What can a local search inform me regarding the property I am buying in Dickens Heath?
Dickens Heath conveyancing often starts with the ordering local authority searches directly from your local Authority or through a personal search company such as Searchflow The local search plays a central role in most Dickens Heath conveyancing purchase; as long as you don’t want any nasty surprises after you move into your property. The search will supply information on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject sections.
How does conveyancing in Dickens Heath differ for new build properties?
Most buyers of new build residence in Dickens Heath come to us having been asked by the seller to sign contracts and commit to the purchase even before the property is built. This is because house builders in Dickens Heath typically acquire 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 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 Dickens Heath or who has acted in the same development.
My husband and I are novice buyers - agreed a price, but the property agent advised that the seller will only issue a contract if we instruct the agent's chosen conveyancers as they are insisting on a ‘quick sale’. Our preferred option is to instruct a family solicitor accustomed to conveyancing in Dickens Heath
We suspect that the seller is not behind this ultimatum. If they desire ‘a quick sale', turning down a serious purchaser is likely to cause more damage than good. Speak to the vendors direct and explain that (a)you are keen to buy (b)you are excited to move forward, with finances in place © you are unencumbered (d) you wish to move quickly (e)but you intend to use your own,trusted Dickens Heath conveyancing firm - not the ones that will earn the negotiator at the agency a commission or achieve conveyancing figures set by HQ.