At what point does exchange of contracts occur in sale conveyancing in Stourbridge and do I need to attend the solicitors branch?

Where you are in close proximity to our conveyancing solicitors in Stourbridge you are invited in to sign the paperwork. That being said, the lender approved solicitors we recommend supply a nationwide conveyancing service and give as equally diligent and professional a job for you when communicating with you electronically. The signing of the contract is not when everything is set in stone. Signing on the dotted line simply enables the conveyancer to address the formalities when the time is right, which is ordinarily shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where a lengthy "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Stourbridge)to be in the office available at the end of the phone to exchange contracts.

My mortgage company has suggested a law firm on their panel based in Stourbridge but I would rather use a conveyancing lawyer in Stourbridge or nearer to where I live. Are you able to assist?

It is by no means the case that all Stourbridge conveyancing firms are on all lender’s conveyancing panel. Do make the most of the above find an approved solicitor tool to identify a Stourbridge conveyancing firm on the on the lender panel.

Over the last few months I have been searching for a flat up to £235,500 and identified one round the corner in Stourbridge I like with open areas and transport links in the vicinity, however it's only got 52 years unexpired on the lease. There is not much else in Stourbridge in this price bracket, so just wondered if I would be making a mistake acquiring a lease with such few years left?

Should you require a mortgage the shortness of the lease will likely be problematic. Discount the price by the anticipated lease extension will cost if not already taken into account. If the current proprietor has owned the premises for a minimum of 2 years you can ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing solicitor about this matter.

I'm refinancing my primary home to a BTL mortgage with Leeds Building Society and intend to use the remaining equity towards a second property. The area we are interested in is Stourbridge. Will your solicitors be able to act for the two mortgage companies and tie in the conveyances?

Make use of our comparison tool on this page to be sure that the conveyancers are on the relevant lender panels. Having checked that they are the conveyancer should be able to connect the two conveyancing matters but you should talk with you lawyer and make clear your expectations and requirements.

My mortgage broker has suggested using their conveyancer for my conveyancing in Stourbridge - Surely it’s advisable to just use them?

It is worth checking if the selling agent is recommending a conveyancing practitioner or introducing to a solicitor. There are plenty of Stourbridge selling agents who recommend two or three Stourbridge conveyancing firms purely based on those lawyers offering a great service.