When will exchange of contracts happen for sale conveyancing in Paignton and am I required to attend the solicitors office?
If you are local to one of the conveyancing solicitors in Paignton you are welcome to come in to sign contracts. That being said, the law practices we work with offer countrywide coverage for conveyancing and provide just as detailed and professional a job for you when communicating with you digitally. The executing of the purchase agreement is not when everything is set in stone. A signed contract simply enables the conveyancer to officially exchange when the time is right, which will usually be very shortly after signing. The procedure is is usually a five minute process, although where an extended "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Paignton)to be in the office available at the end of the phone to exchange contracts.
My uncle passed away 10 months ago and as sole heir and executor I was left the property in Paignton. The house had a relatively small loan remaining of approximately £4500. I want to transfer the title deeds into my name whilst I re-mortgage to Santander, pay off the mortgage. Is this possible?
Where you plan to refinance then Santander will insist on your using a conveyancer on the Santander conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Santander conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Santander mortgage is registered as a charge at the Land Registry.
Due to the guidance of my in-laws I had a survey completed on a house in Paignton ahead of appointing lawyers. I have been told that there is a flying freehold aspect to the house. My surveyor advised that some mortgage companies will refuse to issue a loan on a flying freehold premises.
It depends who your proposed lender is. HSBC has different requirements from Nationwide. Should you wish to call us we can look into this further via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Paignton. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Paignton to see if the conveyancing will be more expensive.
Is it possible to switch firm as I need to find one who is on the National Westminster Bank conveyancing list. I was using a family conveyancing solicitor in Paignton round the corner but she is not approved by National Westminster Bank
We will our best to assist in finding you a conveyancing solicitor in Paignton on the National Westminster Bank panel. Please note that the solicitors that we on the directory do not pay us fee if you instruct them and are regulated by the SRA who oversee all conveyancing solicitors in Paignton. In making use of the find a conveyancing solicitor tool on this site, you can scrutinise fees for conveyancing solicitors in Paignton and beyond.
I am considering appointing an online lawyer ahead of a Paignton conveyancing practice. Should I ‘stay local’?
Advantages do exist in being able to pop in to a local Paignton conveyancing solicitor for instance
- signing papers and and when necessary
- often being able to speak to someone face-to-face can make a significant difference, particularly for more complex transactions
- the ability to complain if matters go pear-shaped
When comparing estimates, look out for hidden extras. The majority decent Paignton high street solicitors give an all-inclusive figure. Often online agents seem to offer cheap prices, but have hidden 'extras' in the fine print.