I can't travel far from Lightwater. I would like to know the understand why all Lightwater lawyers are not on all bank panels?
Mortgage companies point to the fact that solicitor-led fraud is thought to be responsible for millions of pounds of fraud every year.The dismissal of law firms from lender panels started with the rise in mortgage fraud, which prompted a thematic review by the Financial Services Authority in 2011. Its conclusions included recommendations for lenders to review their conveyancing panels, which kicked off a major policy change in the sector. It resulted in lenders removing a number of firms off their books of approved solicitors .
We just had an offer accepted to buy with Earl Shilton BS. I called into a couple of high street companies yet cant to find a Lightwater conveyancing firm on the Earl Shilton BS approved list. Please you help?
Please do make use of the search tool on this page. Please choose the lender and type Lightwater or your location and you will see numerous solicitors based in Lightwater or by proximity to you.
How does conveyancing in Lightwater differ for new build properties?
Most buyers of new build residence in Lightwater approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the residence is ready to move into. This is because new home sellers in Lightwater typically 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 used to new build conveyancing in Lightwater or who has acted in the same development.
Yesterday I discovered that there is a flying freehold issue on a house I have offered on a fortnight ago in what was supposed to be a straight forward, no chain conveyancing. Lightwater is where the house is located. Is there any advice you can impart?
Flying freeholds in Lightwater are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Lightwater you would need to get your solicitor to go through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Lightwater may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
I am a sole trader looking to take an assignment of a lease of an office on a shopping parade. Can you recommend conveyancers offering competitive fees for non-domestic conveyancing in Lightwater for under 1500k?
We can recommend firms who host a wealth of experience of commercial conveyancing in Lightwater, including the disposal and acquisition of businesses as well as simply premises. Whether you are hoping to purchase or lease a shop, pub, restaurant, office, retail premises or a whole business we can put you in touch with the right solicitor. As for the charges this will depend on the structure and terms of the deal. Let us have your contact information or phone so as to enable us to furnish you with a detailed commercial conveyancing quote.