Is there a search tool that I can utilise to investigate if the solicitor conducting my conveyancing in Trafford Park is on the mortgage lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Virgin Money thus paying £192.00 in additional conveyancing costs.
You should make the most of the find a lender approved solicitor tool on this web page. Please choose the lender and type ‘Trafford Park’ or your preferred area and you will be presented with a number of lawyer based in Trafford Park or nearest you.
How does conveyancing in Trafford Park differ for new build properties?
Most buyers of new build or newly converted property in Trafford Park approach us having been asked by the builder to exchange contracts and commit to the purchase even before the house is finished. This is because house builders in Trafford Park tend to acquire 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 accustomed to new build conveyancing in Trafford Park or who has acted in the same development.
I opted to have a survey done on a house in Trafford Park prior to instructing solicitors. I have been told that there is a flying freehold aspect to the house. My surveyor has said that some lenders tend refuse to give a loan on a flying freehold premises.
It depends who your proposed lender is. Bank of Scotland has different requirements for example to Nationwide. If you e-mail us we can check via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Trafford Park. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Trafford Park to see if the conveyancing costs will increase in light of this.
I am looking into buying my first house which is in Trafford Park and I am already nervous. I couldn't find anything specific about Trafford Park. Conveyancing will be needed in due course but do you know about the Trafford Park area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Trafford Park. In the meantime here are some basic statistics that we found
We're novice buyers - had an offer accepted, but the estate agent has warned us that the seller will only move forward if we use the agent's chosen solicitors as they need an ‘expedited deal’. My instinct tells me that we should use a local solicitor used to conveyancing in Trafford Park
We suspect that the seller is unaware of this requirement. If they want ‘a quick sale', turning down a motivated buyer is going to damage their objectives. Bypass the agents and go straight to the owners and make the point that (a)you are serious buyers (b)you are ready to progress, with finances arranged © you have nothing to sell (d) you wish to move quickly (e)however you will continue to use your preferred Trafford Park conveyancing firm - as opposed tothose that will give their estate agent a referral fee or hit his conveyancing figures set by HQ.