I plan on purchasing a flat in Great Barr. My property lawyer is not on the lender solicitor list. Can I still continue with my Great Barr conveyancing solicitor notwithstanding that they are excluded from the bank panel?
You have a couple of choices available to you here
- Proceed with your existing Great Barr conveyancing practitioner but your bank will undoubtedly use a property lawyer from their conveyancing panel. This will result in additional fees and probable interruption.
- Choose a new lawyer to act in the purchase, making sure they are on the bank conveyancing panel.
- Convince your solicitor to seek to join the mortgage company panel
At what point will exchange of contracts happen for residential conveyancing in Great Barr and do I need to be at the lawyers office?
Where you are round the corner to our conveyancing solicitors in Great Barr you are welcome to attend to sign contracts. That being said, the firms we work with offer a nationwide conveyancing service and provide as equally diligent and professional a job for you when dealing with you by post or email. The signing of the contract is not the critical part. Signing on the dotted line is necessary for the firm to officially exchange when the time is right, which is ordinarily shortly after signing. The procedure is nowadays normally dealt with by telephone and can be very rapid, although where an extended "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Great Barr)to be in the office available at the end of the phone to exchange contracts.
What does a local search tell me regarding the property we're buying in Great Barr?
Great Barr conveyancing often commences with the applying for local authority searches directly from your local Authority or via a personal search organisations for instance PSG The local search plays an important role in many a Great Barr conveyancing purchase; as long as you don’t want any unpleasant once you have moved into your property. The search should provide 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 topic sections.
I am looking into buying my first house which is in Great Barr and I am already nervous. I couldn't find anything specific about Great Barr. Conveyancing will be needed in due course but do you know about the Great Barr area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Great Barr. In the meantime here are some basic statistics that we found
I am buying a flat and cash is in place. I have provided solicitor with 2 distinct evidence of photo ID, bank statement, endless utility bills. Now he needs a copy from a probate lawyer advising that the money is legitimate and that it has come from inheritance and not dealing E's in Ibiza.
In today’s world you will not be able to complete any Great Barr conveyancing transaction without first providing evidence of your identity to your lawyers. This usually takes the form of a either your passport or driving licence and a utility bill. Remember if you are providing your driving licence as evidence of ID it must be both the paper part and photo card part, one is not acceptable without the other. Evidence of your source of funds is required under Money Laundering laws.