As a first time buyer what is the most important advice you can impart regarding purchase conveyancing in Ingatestone?
You may not hear this from too many lawyers but conveyancing in Ingatestone and elsewhere in England and Wales is often a confrontational process. Put another way, when it comes to conveyancing there is an abundance of room for confrontation between you and others involved in the house moving process. E.g., the seller, selling agent and on occasion your bank. Choosing a lawyer for your conveyancing in Ingatestone should not be taken lightly as your conveyancer is your adviser, and is the ONE party in the process whose interest is to protect your best interests and to keep you safe.
On occasion a potential adversary may attempt to convince you that you should follow their advice. For instance, the property agent may claim to be helping by claiming that your solicitor is wrong. Or your financial adviser may try to convince you to do something that is against your conveyancers guidance. You should always trust your lawyer above all other parties in the home moving process.
My colleague suggested that where I am buying in Ingatestone I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is usually included in the estimate for your Ingatestone conveyancing searches. It is a large report of more than thirty pages, listing and detailing significant information about Ingatestone around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Ingatestone Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Ingatestone Education with plans and statistics, Local Amenities and other useful information about Ingatestone.
How does conveyancing in Ingatestone differ for new build properties?
Most buyers of new build or newly converted property in Ingatestone come to us having been asked by the seller to sign contracts and commit to the purchase even before the house is ready to move into. This is because developers in Ingatestone typically 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 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 used to new build conveyancing in Ingatestone or who has acted in the same development.
I was pointed in your direction by numerous selling agents in Ingatestone to find a property lawyer using your seach tool. Is there a financial upside for Estate Agents to promote your site ahead of another?
We refuse to give any commission for directing people in our direction. We thought it would be too underhand a fee as a client could think, ‘Why is the agent getting a kickback? Why am I not receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
My brother mentioned that before selecting a conveyancing solicitors they must be approved by your lender. I am a FTB but I have an offer in principle via Halifax and I already have a high street conveyancing solicitor in Ingatestone on standby. Does Halifax insist on an approved lawyer to be instructed? If so, where can I find that list so I can pick a conveyancing lawyer in Ingatestone?
You should use a solicitor that is on the Halifax panel. The first thing to do is telephone your preferred Ingatestone conveyancing lawyer to check if they are on the Halifax panel. If they are not on the panel you have a couple of alternatives available to you here:
- Carry on with your preferred Ingatestone conveyancer but Halifax will undoubtedly appoint a property lawyer on their approved list. The net impact is additional fees and likely delay.
- Choose a new conveyancer to conduct the conveyancing, obviously checking they are on the Halifax conveyancing panel.
- Convince your lawyer to do everything within their powers to get listed on the Halifax conveyancing panel.