Much to our surprise we have been advised by our financial adviser that my Exton lawyer is not on the mortgage company Conveyancing panel. How can I check?
Your first step should be to call your Exton lawyer directly. You lawyer should notify you what has happened. Where they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your lender.
Do conveyancers ask for money on account for my conveyancing in Exton?
If you are buying a property in Exton your lawyer will request that you to provide them with monies to cover the the cost of the conveyancing searches. Generally this is requested to cover the fees of the conveyancing searches. When the deposit is as part of the purchase price then this will be needed shortly prior to exchange of contracts. Any further balance that is needed should be sent to your lawyer shortly before completion.
How does conveyancing in Exton differ for newly converted properties?
Most buyers of new build premises in Exton approach us having been asked by the developer to sign contracts and commit to the purchase even before the premises is finished. This is because new home sellers in Exton tend to purchase 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 used to new build conveyancing in Exton or who has acted in the same development.
I decided to have a survey carried out on a house in Exton ahead of appointing solicitors. I have been advised that there is a flying freehold overhang to the house. The surveyor advised that some mortgage companies will refuse to issue a mortgage on such a property.
It depends who your proposed lender is. Bank of Scotland has different requirements from Halifax. If you e-mail us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Exton. Conveyancing may be slightly more expensive based on your lender's requirements.
As co-executor for the will of my uncle I am disposing of a property in Monmouth but reside in Exton. My lawyer (based 300 kilometers awayhas requested that I sign a statutory declaration prior to completion. Could you suggest a conveyancing solicitor in Exton who can attest and place their company stamp on the document?
Technically speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Normally or notary public or qualified solicitor will be fine regardless of whether they are Exton based