I can't travel far from Saltdean. I would like to know the understand why all Saltdean lawyers are not on all bank panels?
Even though it may seem unfair for lenders to restrict who can represent them, from the public’s or lawyer’s viewpoint, the flip side is that lending institutions are becoming ever more anxious and regard it vital to shield themselves against illegal activities. As a result of this concern mortgage companies are limiting their conveyancing panel to a manageable size.
I am purchasing a house for cash in Saltdean. I have resided for the previous 15 years in Saltdean. Conveyancing searches are exorbitant. As I know the road and vicinity intimately must I have all the conveyancing searches?
Provided that you do not need a mortgage, then all but one or two of the Saltdean conveyancing searches are at your discretion. Your conveyancer will 'advise', perhaps strongly, that you should have searches done, but she has a professional duty to do this. One thing to consider; if you are intend to sell the house in the future, it will likely be be of importance to your future purchaser what the searches determine. There are plenty of instances where properties with functional issues can still reveal negative search results. A competent conveyancing solicitor in Saltdean will provide you some constructive guidance in this regard.
I am considering applying for a Kent Reliance mortgage for purchase of a newly converted (under development) in Saltdean with 65 per cent loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for Kent Reliance ?
There is nothing to stop you using your solicitor, but Kent Reliance will insist on their interests being represented by a firm on their conveyancing panel. There is much more potential for delays and confusion with two solicitors involved, and it will undoubtedly be more expensive too.
How does conveyancing in Saltdean differ for newly converted properties?
Most buyers of new build residence in Saltdean come to us having been asked by the seller to exchange contracts and commit to the purchase even before the residence is finished. This is because house builders in Saltdean usually buy the site, 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 Saltdean or who has acted in the same development.
I am looking to sell my house. My past solicitors have shut. I would be grateful for any recommendation of a conveyancing firm. Im based in Saltdean if that makes things easier.
Please use our search tool to help you find a solicitor for your conveyancing in Saltdean. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes with a minimum of fuss.