Me and my husband are acquiring property in Harwich. My property lawyer is not on the mortgage company approved list. Is it possible for me to appoint my Harwich conveyancing solicitor even though they are excluded from the mortgage company panel of approved conveyancing solicitors?
You have a couple of options available to you here
- Carry on with your preferred Harwich lawyer but your bank will no doubt retain a lawyer from their conveyancing panel. This will result in additional cost and potential delay.
- Get a new conveyancer to conduct the conveyancing, ensuring that they are on the bank conveyancing panel.
- Appeal to your solicitor to attempt to join the bank panel
In what way does my ID and proof of funds have anything to do with my conveyancing in Harwich? Is this really necessary?
Anti-terror and anti-money-laundering laws require solicitors and licensed conveyancers to verify the ID of the person or body they are dealing with prior to agreeing to accepting their conveyancing retainer. The Terms and Conditions that you are required to sign should stipulate this. Your lender will also require certain documents to be checked. If you refuse to hand over identification documents, your lawyer would not be able to accept instructions from you.
I require quick conveyancing in Harwich as I am faced with an ultimatum to exchange contracts in less than 3 weeks. Thankfully I do not require a mortgage. Can I avoid the conveyancing searches to save fees and time?
As you are not taking a mortgage you are at free not to do searches although no lawyer would recommend that you don't. Drawing on our experience of conveyancing in Harwich the following are examples of issues that can be revealed and adversely impact future saleability: Enforcement Notices, Overdue Fees, Outstanding Grants, Railway Schemes,...
How does conveyancing in Harwich differ for newly converted properties?
Most buyers of new build premises in Harwich approach us having been asked by the developer to sign contracts and commit to the purchase even before the property is completed. This is because developers in Harwich usually 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 property lawyers 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 Harwich or who has acted in the same development.
I need to instruct a conveyancing solicitor for leasehold conveyancing in Harwich. I've chance upon a site which looks to be the perfect answer If there is a chance to get all formalities completed via email that would be preferable. Should I be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?