When can the exchange of contracts take place for sale conveyancing in Ivybridge and do I need to be at the lawyers branch?
Where you are in close proximity to our conveyancing solicitors in Ivybridge you are welcome to attend to sign the paperwork. That being said, the firms we recommend provide countrywide coverage for conveyancing and give as equally detailed and professional a job for you when dealing with you electronically. The signing of the contract is not the point of no return. A signed contract simply enables the conveyancer to officially exchange when the time is right, which is ordinarily shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where a long "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Ivybridge)to be in the office at the appropriate time.
My Solicitor in Ivybridge is not on the Britannia Approved Panel. Can I still use my prefered solicitor notwithstanding that they are excluded from the Britannia panel?
The limited options available to you here include:
- Complete the purchase with your existing Ivybridge solicitors but Britannia will need to instruct a lawyer on their panel. This will inevitably rack up the total legal charges as well as cause delays.
- Find an alternative practitioner to act in the conveyancing, obviously checking they are Convince your lawyer to do everything within their powers to join the Britannia conveyancing panel
How does conveyancing in Ivybridge differ for newly converted properties?
Most buyers of new build property in Ivybridge contact us having been asked by the housebuilder to sign contracts and commit to the purchase even before the residence is completed. This is because new home sellers in Ivybridge usually buy 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 Ivybridge or who has acted in the same development.
I opted to have a survey completed on a property in Ivybridge prior to retaining conveyancers. I have been advised that there is a flying freehold aspect to the property. My surveyor has said that some banks may not grant a loan on such a house.
It varies from the lender to lender. HSBC has different instructions from Birmingham Midshires. Should you wish to telephone us we can investigate further with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Ivybridge. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Ivybridge to see if the conveyancing will be more expensive.
My father-in-law has recommend that I use his conveyancers in Ivybridge. Do I follow his recommendation?
No doubt the best way to find a conveyancing lawyer is to get recommendations from friends or family who have actually used the firm that you are are thinking of instructing.