I was told recently by my mortgage adviser that my Saundersfoot lawyer is not on the mortgage company Conveyancing panel. What can I do to be sure that this is correct?
The first thing you need to do is to contact your Saundersfoot conveyancer. You lawyer should inform you what has happened. Where they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your lender.
My Solicitor in Saundersfoot is not listed on the Chelsea Building Society Solicitor Panel. Can I still retain my prefered solicitor notwithstanding that they are excluded from the Chelsea Building Society panel of approved conveyancing solicitors?
The limited options available to you here include:
- Complete the purchase with your preferred Saundersfoot solicitors but Chelsea Building Society will need to retain a solicitor on their panel. This will result in additional overall conveyancing charges and result in frustration.
- Find an alternative lawyer to to deal with the conveyancing, obviously checking they are Persuade your lawyer to do everything within their powers to join the Chelsea Building Society conveyancing panel
Are there restrictive covenants that are commonly picked up during conveyancing in Saundersfoot?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Saundersfoot. 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 Saundersfoot differ for new build properties?
Most buyers of new build premises in Saundersfoot contact us having been asked by the seller to exchange contracts and commit to the purchase even before the premises is ready to move into. This is because developers in Saundersfoot tend to acquire 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 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 Saundersfoot or who has acted in the same development.
My father has suggested that I instruct his conveyancers in Saundersfoot. Should I choose my own conveyancer?
There are no two ways about it the best way to find a conveyancing practitioner is to seek recommendations from friends or family who have experience in using the conveyancer that you are contemplating using.