We went with a high street solicitor for our conveyancing in Eaton Bray recently. Reviewing the Terms and Conditions I seeI am on the hook for costs even where the transaction does not complete. Should I ditch them and appoint a web based conveyancing company promising no-sale-no-fee conveyancing in Eaton Bray?
It is usually ‘give and take’ in that if "No Sale No Fee" is available then the conveyancing charges will generally be higher to counteract those cases that fail to complete. Also remember that such promotions generally do not protect you from expenditure e.g. Eaton Bray conveyancing search charges.
How does conveyancing in Eaton Bray differ for new build properties?
Most buyers of new build premises in Eaton Bray come to us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the residence is built. This is because builders in Eaton Bray usually buy 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 used to new build conveyancing in Eaton Bray or who has acted in the same development.
Due to the input of my in-laws I had a survey completed on a house in Eaton Bray before retaining lawyers. I have been informed that there is a flying freehold element to the property. My surveyor advised that some lenders will refuse to grant a loan on such a premises.
It varies from the lender to lender. HSBC has different requirements for example to Birmingham Midshires. If you call us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Eaton Bray. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Eaton Bray to see if the conveyancing will be more expensive.
How straightforward is it to use your search tool to find a conveyancing lawyer in Eaton Bray on the approved list for my lender?
1st select a lender such as Nationwide Building Society, The Royal Bank of Scotland or Bank of Ireland then specify your location for example Eaton Bray. Conveyancing firms in Eaton Bray and beyond will then be shown.
My father-in-law has suggested that I instruct his lawyers for conveyancing in Eaton Bray. Do I take his guidance?
No doubt the best way to choose a conveyancing solicitor is to get feedback from friends or relatives who have used the firm you're are thinking of instructing.