Me and my partner are buying our first property. Our solicitor has calledto check if we want to take out extra conveyancing searches. We are really unsure what's appropriate for conveyancing in Telford

The extent of Telford conveyancing searches should be triggered based primarily on the premises, the location, the probability of any of these risks, your familiarity of the region and risks, your overall approach to risk. What is important is that you adequately understand what information the searches could give you. You may then decide if you consider that you need that search. Should you be in doubt, ask your property lawyer to advise.

Why is leasehold purchase conveyancing in Telford is more expensive?

In short, leasehold conveyancing in Telford and elsewhere usually requires more hours of investigation compared to freehold conveyancing. This includes checking the lease terms, communicating with the landlord concerning the service of applicable notices, procuring current service charge and management information, obtaining the landlord’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – no matter how many different owners have owned the lease since it was first granted.

I am purchasing a semi-detached house in Telford. Can I do my own conveyancing?

Leaving aside the complexities and merits of DIY conveyancing in Telford you will have to appoint a solicitor on your lender's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Telford.

How does conveyancing in Telford differ for newly converted properties?

Most buyers of new build premises in Telford come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the residence is completed. This is because new home sellers in Telford tend to acquire 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 accustomed to new build conveyancing in Telford or who has acted in the same development.

Am I right to be wary about estate agents that I am dealing with are recommending a nationwide conveyancing firm as opposed to a local Telford conveyancing practice?

As is the case with lots of professional services, often referrals from family and friends can be most helpful. Yet there are numerous people with a vested interest in a conveyancing matter; estate agents, mortgage brokers and banks may recommend conveyancers to choose. On occasion the solicitors might be known to one of the organisations as being good in their field, but occasionally there behind the scenes financial incentive behind the recommendation. You are at liberty to choose your own lawyer. However, bear in mind that many lenders operate an approved list of solicitors you have to use for the lender aspect of your home move.