Forgive me if this question is silly but I am wet behind the ears as a first time purchaser of a ground floor flat in Farnham Royal. Do I pick up the keys to the house on completion from my conveyancer? If this is the case, I will use a High Street conveyancing solicitor in Farnham Royal?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will arrange to send the completion advance to the seller's solicitors, and shortly after the monies have arrived, you will be called to collect the keys from the selling Agents and start moving into the property. Usually this happens early afternoon.
Is it the case that all Farnham Royal solicitor firms on the Principality conveyancing panel are overseen by the SRA?
As solicitors, in order to be on the Principality approved list of solicitors they would need to be governed by the SRA. Some banks do list licenced conveyancers on their panel in which case such organisation would be overseen by the Council of Licensed Conveyancers.
How can we know in advance if a Farnham Royal conveyancing solicitor on the Principality panel is any good?
When it comes to conveyancing in Farnham Royal getting recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always recommend that you speak with the solicitor carrying out your transaction.
I have recentlybecome aware that Action Conveyancing have been shut down. They carried out my conveyancing in Farnham Royal for a purchase of a leasehold flat 9 months ago. How can I establish that the property is registered correctly in the name of the previous owner?
The quickest method to see if the premises is registered to you, 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 Farnham Royal conveyancing specialists.
How does conveyancing in Farnham Royal differ for newly converted properties?
Most buyers of new build residence in Farnham Royal contact us having been asked by the developer to exchange contracts and commit to the purchase even before the residence is finished. This is because new home sellers in Farnham Royal tend to 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 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 accustomed to new build conveyancing in Farnham Royal or who has acted in the same development.
I've recently found out that there is a flying freehold issue on a property I put an offer in last month in what was supposed to be a quick, chain free conveyancing. Farnham Royal is where the house is located. Can you offer any guidance?
Flying freeholds in Farnham Royal are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Farnham Royal you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Farnham Royal may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
I need to swap lawyers as my Farnham Royal lawyer is not on the lender's approved list of conveyancing solicitors. Is it practical to instruct different lawyers?
If you haven't yet instructed a conveyancer to do anything for you and have just received quotes, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer in Farnham Royal that you're thinking of instructing.