I have a decision in principle. The lender mentioned the home loan came with free conveyancing. Does this mean I have to instruct their panel conveyancer as I would prefer to use a local conveyancing solicitor in Great Missenden?
Do check but the the likelihood is that allocate you one of their panel solicitors should you want the "fee-free" incentive. Call the mortgage company to check if they make available a monetary alternative. It is not unheard for a lender to give a £250 cashback as a further option in which case you could put that amount towards your preferred conveyancing solicitor near Great Missenden.
My wife and I are buying a house in Great Missenden. I might seem paranoid but how we can trust a solicitor? On the day of competition we have to send money into their account. What is the protection we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
Is there a list of Leeds Building Society panel solicitors in Great Missenden on the UK Finance Lenders’ Handbook Website?
No. There is no such facility on the CML or Building Society Association websites. Very few lenders make their panel listings viewable online. Where you are seeking to appoint a Great Missenden conveyancing practitioner on the Leeds Building Society please make the most of our tool.
I have instructed a Great Missenden conveyancing practitioner having made sure that they are on the Leeds Building Society conveyancing panel. Does my lawyer arrange the survey of the property?
Leeds Building Society will need an independent valuation of the property. Your lawyer will not arrange this. Usually Leeds Building Society will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Great Missenden surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
I have todaybecome aware that Action Conveyancing have closed. They carried out my conveyancing in Great Missenden for a purchase of a leasehold flat 9 months ago. How can I be sure that my home is registered correctly in the name of the previous owner?
The easiest way to see if the property is in your name, 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 Great Missenden conveyancing specialists.
How does conveyancing in Great Missenden differ for new build properties?
Most buyers of new build residence in Great Missenden come to us having been asked by the developer to sign contracts and commit to the purchase even before the residence is constructed. This is because house builders in Great Missenden tend to purchase 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 Great Missenden or who has acted in the same development.
I have just appointed agents to market my 2 bed flat in Great Missenden.Conveyancing has not commenced but I have just received a quarterly service charge invoice – Do I pay up?
It best that you clear the service charge as you normally would as all ground rent and service charges should be allottedon completion, so you will be reimbursed by the buyer for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process