My property lawyer in Highbridge has never been on on the The Mortgage Works Solicitor Panel. Can I still use my prefered solicitor even though they are not on the The Mortgage Works panel of approved conveyancing solicitors?
Your options are as follows:
- Complete the purchase with your existing Highbridge lawyers but The Mortgage Works will need to instruct a lawyer on their panel. This will inevitably rack up the total conveyancing fees as well as result in frustration.
- Find a new practitioner to act in the conveyancing, not forgetting to check they are The Mortgage Works approved.
- Try to convince your The Mortgage Works based solicitor to attempt to join the The Mortgage Works panel
What is your number one tip for finding a conveyancing solicitor in Highbridge
Do not opt for the lowest Highbridge conveyancing costs illustration. You really do get what you’re paying for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in advance.
I had a mortgage agreed in principle with Clydesdale. Highbridge conveyancing lawyers were selected. What is the average time that one could expect to receive a mortgage offer from Clydesdale?
Some lenders take longer than others. Have Clydesdale completed the valuation? Have you advised Clydesdale as to your lawyers' details and checked that your lawyers are on the Clydesdale conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
My fiancee and I are spending time viewing apartments in Highbridge and I am now considering a potential offer. Is it wise to have a conveyancer on ‘stand by’? I will be getting a mortgage with Kent Reliance.
You should start obtaining conveyancing estimates from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their details on to the estate agent. As you are taking out a mortgage with Kent Reliance, ask your prospective lawyers if they are on the Kent Reliance conveyancing panel otherwise they can't do the mortgage legal work.
Do commercial conveyancing searches disclose impending roadworks that may impact a commercial site in Highbridge?
Many commercial conveyancing solicitors in Highbridge will perform a SiteSolutions Highways report as it dramatically cuts the time that conveyancers spend in looking into accurate data on highways that impact buildings and development assets in Highbridge. The search result sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Highbridge.
For every commercial conveyancing transaction in Highbridge it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately could result in delays to Highbridge commercial conveyancing transactions as well as pose a risk to future intentions for the site. These searches are not carried out for domestic conveyancing in Highbridge.
Are there restrictive covenants that are commonly picked up during conveyancing in Highbridge?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Highbridge. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
How does conveyancing in Highbridge differ for newly converted properties?
Most buyers of new build property in Highbridge come to us having been asked by the builder to sign contracts and commit to the purchase even before the residence is ready to move into. This is because house builders in Highbridge typically 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 used to new build conveyancing in Highbridge or who has acted in the same development.