After what seems like an age a mortgage agreement from Santander for the remortgage of my 2 bedroom apartment is due within the next few days. Are you able to recommend a low cost conveyancing law firm in Petts Wood?
You are on the wrong site if you are in need of the lowest fares for conveyancing in Petts Wood. Our intention is to offer excellent value conveyancing but we do not work with the cheapest lawyers. Do not be swayed by brokers enticing you with £100 conveyancing in Petts Wood. Optimistically, in being led by low cost conveyancing, you will end up with what you pay for and at worst you will end up invoiced for additional fees and still not get the service you were looking for.
I have an AIP. The bank mentioned the loan came with free conveyancing. Is the implication that I have to instruct their panel lawyer as I would prefer to appoint a Petts Wood based conveyancing firm?
Do check but the chances are that allocate you one of their panel conveyancers should you accept the "fee-free" offer. Contact the lender to determine if they offer you a cash alternative. It is not unheard for a lender to give a £250 cashback as an alternative in which case you could put that amount towards your preferred conveyancing solicitor near Petts Wood.
How does conveyancing in Petts Wood differ for newly converted properties?
Most buyers of new build residence in Petts Wood approach us having been asked by the builder to exchange contracts and commit to the purchase even before the premises is finished. This is because builders in Petts Wood typically acquire 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 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 Petts Wood or who has acted in the same development.
Yesterday I discovered that there is a flying freehold element on a house I have offered on a fortnight ago in what should have been a quick, no chain conveyancing. Petts Wood is the location of the property. Is there any guidance you can impart?
Flying freeholds in Petts Wood are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Petts Wood you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Petts Wood may ascertain 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 premises.
What type of conveyancing services do Petts Wood conveyancing solicitors provide?
In the main Petts Wood conveyancing firms will handle a number of services to home and land proprietors, vendors, buyers, landlords and tenants and you can expect them to do some of the following services:
Standard residential sale conveyancing in Petts Wood and beyond
Residential purchase conveyancing in Petts Wood and further afield
Create or change arrangements with neighbouring premises Land Registry applications (adverse possession, missing deeds) Staircasing and Equity Loan Redemption All types of leasehold premises including, flats and maisonettes