We are buying a flat and need a conveyancing solicitor in Long Melford who is on the Kent Reliance solicitor panel. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Kent Reliance . We don't recommend any particular firms conducting conveyancing in Long Melford.
My husband and I are hoping to buy a newbuild flat in Long Melford with a mortgage from Alliance & Leicester .We use our Long Melford conveyancing lawyer but Alliance & Leicester says his firm is not on their "panel". We have to appoint a Alliance & Leicester panel firm or retain our high street solicitor and pay for one of their panel ones to act for them. We feel as though this is unjust; Can we not simply insist that Alliance & Leicester use our lawyer?
No, not really. The mortgage issued to you contains various provisions, one of which will be that conveyancers needs to be on the Alliance & Leicester approved list. in the past, most mortgage companies had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your solicitors to apply to be on the conveyancing panel for Alliance & Leicester
Are there restrictive covenants that are commonly picked up as part of conveyancing in Long Melford?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Long Melford. 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 Long Melford differ for new build properties?
Most buyers of new build or newly converted property in Long Melford come to us having been asked by the developer to sign contracts and commit to the purchase even before the premises is finished. This is because house builders in Long Melford tend to 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 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 Long Melford or who has acted in the same development.
Do I need to be wary about third parties that I am dealing with are encouraging me to use an online conveyancing firm as opposed to a High Street Long Melford conveyancing company?
As is the case with lots of professional services, often recommendations from relatives can be worth their weight in gold. Nevertheless there are lots of players in a conveyancing transaction; estate agents, mortgage brokers and lenders might all put forward lawyers to appoint. On occasion the conveyancers might be known to one of the organisations as being good in their field, but sometimes there exists a financial incentive behind the endorsement. You are free to appoint your preferred lawyer. Don't forget that many mortgage providers specify a panel list of law firms you are obliged to use for the lender aspect of your transaction.