I am purchasing a new build flat in Downe. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Downe you will have to appoint a solicitor on your bank'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 Downe.
Should our conveyancer be raising questions concerning flooding during the conveyancing in Downe.
Flooding is a growing risk for solicitors dealing with homes in Downe. Plenty of people will purchase a house in Downe, completely expectant that at some time, it may be flooded. However, leaving to one side the physical destruction, where a house is at risk of flooding, it may be difficult to obtain a mortgage, satisfactory building insurance, or dispose of the property. There are steps that can be taken during the course of a property purchase to forewarn the buyer.
Conveyancers are not best placed to offer advice on flood risk, but there are a numerous searches that can be carried out by the purchaser or on a buyer’s behalf which will figure out the risks in Downe. The conventional set of completed inquiry forms given to a purchaser’s conveyancer (where the Conveyancing Protocol is adopted) includes a standard question of the vendor to find out whether the property has historically flooded. In the event that flooding has previously occurred and is not disclosed by the vendor, then a buyer may bring a compensation claim stemming from an inaccurate response. A purchaser’s conveyancers should also carry out an enviro search. This should higlight if there is a recorded flood risk. If so, additional investigations should be initiated.
How does conveyancing in Downe differ for newly converted properties?
Most buyers of new build or newly converted property in Downe approach us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the property is ready to move into. This is because builders in Downe 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 conveyancing solicitors 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 Downe or who has acted in the same development.
I am selling my home. My past conveyancers has retired. I would be grateful for any recommendation of a conveyancing firm. I happen to live in Downe if that makes a difference.
You should use our search tool to help you choose a solicitor for your conveyancing in Downe. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
My husband and I are 3 weeks into a leasehold purchase having been directed to conveyancers by the selling agent to handle our conveyancing in Downe. I am not happy. Could you help me find new solicitors?
A conveyancer would have to be very bad in order to consider changing them. Has your mortgage been issued? If so you need to advise them of the replacement solicitor and get the mortgage documents are re-sent. Your new solicitor ideally should be on the lenders panel to avoid escalating expenses and complications. That should be your starting point. The find a solicitor tool should help you find a lender approved solicitor for your home move in Downe