When can the exchange of contracts occur in sale conveyancing in Swiss Cottage and am I required to attend the lawyers branch?
If you are round the corner to one of the conveyancing solicitors in Swiss Cottage you are welcome to attend to sign documents. That being said, the law practices we recommend offer countrywide coverage for conveyancing and give just as diligent and professional a job for you when communicating with you electronically. The executing of the contract is not the point of no return. Signing on the dotted line is necessary for the conveyancer to officially exchange at the suitable time, which is ordinarily shortly after signing. The exchange process is is usually a five minute process, although where a lengthy "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Swiss Cottage)to be in the office available at the end of the phone to exchange contracts.
My wife and I are close to exchanging contracts on the sale of our property in Swiss Cottage and the buyers lawyers are claiming that there is a risk of it being constructed land that was not decontaminated. A high street Swiss Cottage lawyer would know this is not the case. It does beg the question why the buyers are using an internet conveyancing firm as opposed to a conveyancing solicitor in Swiss Cottage. Having lived in Swiss Cottage for 4 years we know that this is a non issue. Do we contact our local Authority to obtain clarification that there is no issue.
It would appear that you have a conveyancing lawyer currently acting for you. Are they able to advise? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
How does conveyancing in Swiss Cottage differ for new build properties?
Most buyers of new build residence in Swiss Cottage approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the property is constructed. This is because house builders in Swiss Cottage tend to purchase the land, 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 Swiss Cottage or who has acted in the same development.
Is it best to go with a Swiss Cottage conveyancing lawyer in close proximity to the house I am hoping to buy? I have an old university friend who can handle the legal work however they are based 300miles drive away.
The benefit of a high street Swiss Cottage conveyancing firm is that you can visit the firm to sign paperwork, present your ID and apply pressure on them where appropriate. Having local Swiss Cottage know how is a benefit. However it's more important to get someone that will pull out all the stops for you. If if people you trust used your friend and in the main were impressed that must trump using an unfamiliar Swiss Cottage conveyancing solicitor solely due to them being local.
After what seems like an age I have had an offer on an maisonette in Swiss Cottage agreed to, the seller does however have a dependent purchase. The vendors have submitted an offer on a flat, but it’s not yet tied up, and are looking at other apartments in the pipeline. I have chosen a local conveyancing solicitor in Swiss Cottage. What do I do now? At what point should I apply for the mortgage with Coventry BS?
It is normal to have anxieties where there is a chain given your reluctance to incur costs too early (mortgage application is approx one thousand pounds, then survey, Swiss Cottage conveyancing search costs, etc). The first course of action is to ensure that your conveyancer is on the Coventry BS conveyancing panel. Concerning the subsequent stages this very much dictated by the specifics of your transaction, desire for this property and on the state of the market. In a buoyant market many home buyers will apply for the mortgage with Coventry BS and pay for the survey and only if it comes back ok would they request their property lawyer to move forward with the conveyancing in Swiss Cottage.