There is lots of here concerning conveyancing in Surrey but what is your top tip for appointing the right conveyancer in Surrey
It would be unwise to be tempted by the lowest Surrey conveyancing fees. You really do get what you pay for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in advance.
My bid for a property was accepted at auction in Surrey. Conveyancing is required. What happens now?
Now that you have exchanged you now have to find a conveyancing lawyer quickly as you are faced with a tight a fixed date to complete the conveyancing. Every auction property will ordinarily have a corresponding auction pack. This will likely include the copy title deeds, local authority and drainage searches. In the case of leasehold property the auction pack may include a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation pertinent to a leasehold property. You must pass this on to the lawyer working for you as soon as possible. Do make sure that your finances are organised to complete the transaction on the set completion date.
Can you point me to a directory of Coventry BS panel solicitors in Surrey on the UK Finance Lenders’ Handbook Website?
No. There is no such directory service on the CML or Building Society Association sites. Very few mortgage companies make their panel listings visible on the web. Where you are seeking to appoint a Surrey solicitor on the Coventry BS please use our tool.
How does conveyancing in Surrey differ for newly converted properties?
Most buyers of new build premises in Surrey approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the residence is ready to move into. This is because developers in Surrey typically 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 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 accustomed to new build conveyancing in Surrey or who has acted in the same development.
I opted to have a survey completed on a house in Surrey before instructing lawyers. I have been advised that there is a flying freehold element to the house. Our surveyor has said that some banks will refuse to issue a loan on a flying freehold house.
It depends who your proposed lender is. HSBC has different instructions for example to Halifax. If you e-mail us we can investigate further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Surrey. Conveyancing will be smoother if you use a solicitor in Surrey especially if they are acquainted with such properties in Surrey.
I was advised by a number of selling agents in Surrey to find a solicitor on your site. Is there a financial advantage for Estate Agents to promote your services ahead of another?
We don’t give any financial incentive for directing people to this site. We thought it would be too underhand a fee because home movers will think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
Why do I have to provide my property lawyer with various items of identification ahead of starting selling or buying a property in Surrey?
Surrey conveyancing practitioners are obliged by the Law Society, SRA, HMLR and current AML Regulations to certify that the have verified the identity of their clients. It is also sometimes a requirement of your mortgage offer. In addition they have to complete various forms, particularly those relating to stamp duty land tax and need to have details such as your full names, NI number and DOB.