Is it the case that all Swavesey solicitor firms on the Kent Reliance conveyancing panel are governed by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the Kent Reliance conveyancing panel they would need to be regulated by the Solicitors Regulatory Authority. Many lenders do list licenced conveyancers on their panel in which case such firms would be governed by the CLC.
My husband and I have arranged the release of further funds on our home loan from Bank of Ireland as we wish to conduct improvements to our property in Swavesey. Are we obliged to appoint a high street Swavesey solicitor on the Bank of Ireland conveyancing panel to deal with the legals?
Bank of Ireland don't usually instruct firms on their approved list of lawyers to handle the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Bank of Ireland list.
Our sealed bid on a detached house in Swavesey has been agreed to, but there is a chain. The sellers have offered on a flat, but it’s not yet tied up, and have viewings of other apartments in the pipeline. I have selected a bricks and mortar conveyancing solicitor in Swavesey. What should be my next step? When do I get the mortgage application with Santander going?
It is understandable to have apprehensions where there is a chain as you are unlikely to want to be too out of pocket prematurely (mortgage application is in the region of one thousand pounds, then survey, Swavesey conveyancing search fees, etc). The first thing to do is ensure that your solicitor is on the Santander approved list. Regarding the subsequent steps this very much depends on the circumstances of your transaction, attraction to the property and on the state of the market. In a hot market many home buyers would apply for a home loan with Santander and arrange for the valuation and only if it was satisfactory would they request their solicitor to move forward with the conveyancing in Swavesey.
How does conveyancing in Swavesey differ for new build properties?
Most buyers of new build residence in Swavesey contact us having been asked by the seller to exchange contracts and commit to the purchase even before the house is ready to move into. This is because builders in Swavesey typically buy 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 Swavesey or who has acted in the same development.
Due to the input of my in-laws I had a survey completed on a property in Swavesey ahead of appointing lawyers. I have been told that there is a flying freehold element to the house. Our surveyor has said that some lenders tend not grant a mortgage on a flying freehold premises.
It depends who your proposed lender is. Santander has different instructions from Nationwide. If you e-mail us we can check via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Swavesey. Conveyancing may be slightly more expensive based on your lender's requirements.
What does commercial conveyancing in Swavesey cover?
Non domestic conveyancing in Swavesey incorporates a broad array of advice, provided by qualified solicitors, relating to business premises. For example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.
In scouring the internet for the term cheap conveyancing in Swavesey it reveals numerous property lawyerslocally. How do I determine which is the right conveyancing solicitor for the sale of my house?
The ideal method of seeking a suitable conveyancer is via trusted referral, so ask colleagues and family who have purchased a property in Swavesey or a local estate agent or mortgage broker. Charges for conveyancing in Swavesey differ, so it's advisable to secure at least four fee calculations from different conveyancers. Make sure that you know that the costs are assured not to rise.