We're in St Neots, First time buyers buying with a mortgage (lender is UBS , and our solicitor is on the UBS conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the UBS conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no property lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
I know that there are debates on Chancel Insurance on online forums. Am I compelled to take this when buying a residence in St Neots? or Apparently there is a law dating back centuries that could mean that homeowners living in a parish church boundary will be compelled to pay for maintenance towards the chancel in proximity to the church. Is this applicable for conveyancing in St Neots?
Unless a previous acquisition of the property took place after 12 October 2013 you could take it that solicitors delivering conveyancing in St Neots to remain encouraging a chancel search and or insurance against a claim.
How does conveyancing in St Neots differ for newly converted properties?
Most buyers of new build property in St Neots come to us having been asked by the builder to exchange contracts and commit to the purchase even before the property is ready to move into. This is because developers in St Neots tend to acquire 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 used to new build conveyancing in St Neots or who has acted in the same development.
How straightforward is it to use your search app to locate a conveyancing solicitor in St Neots on the authorised to act for my mortgage?
First choose a lender such as Santander, Norwich and Peterborough Building Society or Clydesdale then specify your preferred area a common one being St Neots. Conveyancing organisations in St Neots and beyond should be listed.
How much should conveyancing in St Neots cost?
Almost all St Neots conveyancing solicitors will agree to a fixed fee. Where extra work becomes necessary during the conveyancing your solicitor must advise you in writing of such supplemental fees for any work as soon as it becomes apparent. Some work on a no move no charge basis, others will charge a fraction of the set fee, according to the point at which the conveyancing fails.
We would recommend that you obtain a few conveyancers to supply you a quotation.