We're in Sunninghill, FTBs purchasing with a mortgage (lender is Kent Reliance , and our solicitor is on the Kent Reliance conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Kent Reliance conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancer 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.
Do commercial conveyancing searches reveal planned roadworks that may affect a commercial site in Sunninghill?
Its becoming the norm that commercial conveyancing solicitors in Sunninghill will carry out a SiteSolutions Highways report as it reduces the time that conveyancers spend in looking into accurate data on highways that impact buildings and development assets in Sunninghill. The search result provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Sunninghill.
For every commercial conveyancing transaction in Sunninghill it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately can cause delays to Sunninghill commercial conveyancing transactions as well as pose a risk to future intentions for the site. These searches are not carried out for domestic conveyancing in Sunninghill.
Despite weeks of looking the Title Certificate and documents to our house can not be found. The lawyers who conducted the conveyancing in Sunninghill 5 years ago have long since closed. What are my next steps?
Gone are the days when you need to have the physical official documentation to evidence that you own the land or premises, as the Land Registry have everything they need in a digital format.
How does conveyancing in Sunninghill differ for new build properties?
Most buyers of new build property in Sunninghill approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the property is ready to move into. This is because house builders in Sunninghill 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 used to new build conveyancing in Sunninghill or who has acted in the same development.
Our bank agreed in principle to grant us a mortgage. We instructed a high street conveyancer in Sunninghill yesterday. This morning, our mortgage adviser phoned to advise us that the lender said that we cannot use our solicitor as they aren't on their 'approved list'. As novices, we had no idea that the mortgage company had a say Is this usual?
You are permitted to choose any property lawyer you want to select including the said conveyancer in Sunninghill nevertheless if your mortgage company aren't happy with them you will have to fork out additional cost so the mortgage company can retain their own lawyers. It may be possible your solicitor may apply to get included on to the bank list of approved firms. You can use online search facilities such as lenderpanel.com to find a conveyancing solcitor in Sunninghill on the mortgage company panel. You can go into your local lender branch in Sunninghill. They will know some good conveyancing solicitors in Sunninghill on the mortgage company panel.