My Conveyancer in Overton is not listed on the Platform Home Loans Ltd Conveyancing Panel. Can I still continue with my prefered solicitor notwithstanding that they are excluded from the Platform Home Loans Ltd list of approved lawyers?
Your options are as follows:
- Complete the purchase with your preferred Overton solicitors but Platform Home Loans Ltd will need to instruct a solicitor on their list of acceptable firms. This will result in additional total legal fees and result in delays.
- Get a new solicitor to act in the conveyancing, remembering to check they are Platform Home Loans Ltd approved.
- Persuade your Platform Home Loans Ltd based solicitor to attempt to join the Platform Home Loans Ltd panel
The deeds to our house can not be found. The lawyers who conducted the conveyancing in Overton 5 years ago are no longer around. What are my options?
Nowadays there are duplicates made of almost everything, and your lawyer will be aware precisely where to look for all the suitable documentation so you can purchase or dispose of your house without a hitch. If duplicates are not available, your conveyancer may be able to arrange cover in the form of insurance or indemnities against possible claims on the property.
How does conveyancing in Overton differ for new build properties?
Most buyers of new build or newly converted property in Overton approach us having been asked by the developer to sign contracts and commit to the purchase even before the residence is built. This is because developers in Overton tend to buy the land, 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 Overton or who has acted in the same development.
I've recently found out that there is a flying freehold issue on a house I put an offer in two weeks back in what should have been a simple, no chain conveyancing. Overton is where the house is located. Can you shed any light on this issue?
Flying freeholds in Overton are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Overton you must be sure that your lawyer goes through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Overton 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 using a search engine for the words conveyancing in Overton it shows results of numerous solicitorsin the area. How do I determine which is the right conveyancing solicitor for me?
The preferential method of seeking a suitable conveyancer is via trusted recommendation, so enquire of friends and those you trust who have acquired a property in Overton or the reputable estate agent or mortgage broker. Fees for conveyancing in Overton vary, so it's advisable to request a minimum of three estimates from varying types of companies. Dont forget to clarify what costs in the quote includes.