Much to our surprise we have been told by our IFA that my Fenton lawyer is not on the mortgage company Conveyancing panel. What can I do to be certain whether this is indeed the case?
Your first step should be to call your Fenton lawyer directly. You lawyer should inform you of the situation. Where they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your lender.
We are due to exchange on the purchase of a house in Fenton but as a result of wreckage from the recent storms I have managed to agree reparation from the seller of £3k in the form of a reduction in the price. This was going to be addressed as part of the conveyancing process yet Aldermore are not allowing this. Why were they informed?
Any conveyancing practitioner being on the Aldermore approved list is required to advise Aldermore of any amendments to the purchase price. If you were to refuse your conveyancing practitioner to notify the price change to Aldermore then they would have to discontinue acting for you. In addition, Aldermore and you would have to appoint a new conveyancer for your conveyancing in Fenton.
Forgive me if this question is silly but I am wet behind the ears as FTB of a ground floor flat in Fenton. Do I receive the keys to the premises on completion from my lawyer? If this is the case, I will find a High Street conveyancing solicitor in Fenton?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will electronically transfer the completion advance to the vendor’s lawyers, and shortly after the monies have arrived, you will be invited to collect the keys from the selling Agents and start moving into the property. Usually this occurs early afternoon.
Can I be sure that the Fenton conveyancing solicitor on the Lloyds panel is any good?
When it comes to conveyancing in Fenton seeking recommendations is a good starting point. 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 advertising the lowest fees. We would always advise that you speak with the lawyer handling your transaction.
We are getting the release of further monies on our mortgage from Lloyds as we intend to conduct improvements to our property in Fenton. Do we need to appoint a nearby Fenton solicitor on the Lloyds conveyancing panel to handle the paperwork?
Lloyds would not normally instruct firms on their approved list of lawyers to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Lloyds conveyancing panel.
How does conveyancing in Fenton differ for new build properties?
Most buyers of new build or newly converted property in Fenton approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the premises is constructed. This is because builders in Fenton usually purchase 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 accustomed to new build conveyancing in Fenton or who has acted in the same development.
In my capacity as executor for the estate of my uncle I am disposing of a house in Monmouth but reside in Fenton. My solicitor (approximately 260 miles awayhas requested that I execute a stat dec before the transaction finalising. Could you suggest a conveyancing practitioner in Fenton to witness and place their company stamp on the document?
strictly speaking you are not likely to be required to have the documents attested by a conveyancing solicitor. Normally or notary public or solicitor will suffice regardless of whether they are Fenton based