When can the exchange of contracts take place for sale conveyancing in Leconfield and am I required to be at the solicitors branch?

If you are round the corner to one of the conveyancing solicitors in Leconfield you are invited in to sign contracts. That being said, the law practices we recommend offer a countrywide conveyancing service and give just as diligent and professional a job for you when dealing with you electronically. The executing of the contract is not the critical part. Signing on the dotted line is just a prerequisite for the firm to address the formalities when the time is right, which is ordinarily shortly after signing. The exchange process is is usually a five minute process, although where a long "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Leconfield)to be in the office at the appropriate time.

Me and my partner are purchasing a flat in Leconfield. I might seem paranoid but how we can trust a lawyer? At some point we have to deposit money into their account. What protection do we have from them run away with our money?

Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.

We previously appointed conveyancers located in Leconfield on the Co-operative solicitor panel. They are now charging me a further amount for handling the Co-operative mortgage. Is this a supplemental conveyancing fee specified by Co-operative?

Provided it is contained in their Terms and Conditions or Quote then yes your lawyer is entitled to charge a fee for this. The charge is not set by Co-operative but by your Leconfield lawyer. Numerous firms on the Co-operative panel will quote an ‘acting for lender’ fee but many firms include it on their overall fee.

Principality have agreed my mortgage in principle, my offer on a house in Leconfield has been agreed to, now what?

The estate agent will wish to be advised as to your lawyer's details (be sure the conveyancers are on the bank’s approved list). Telephone Principality or the financial adviser and finalise any relevant forms. Principality will instruct a valuer who will get in contact with the selling agent or owners to arrange a slot for the valuation to take place. Once carried out (assuming no problems) it takes on average a week to receive the mortgage offer. Principality will send the offer to you and your conveyancers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Leconfield.

I opted to have a survey completed on a house in Leconfield before appointing lawyers. I have been informed that there is a flying freehold aspect to the house. My surveyor has said that some mortgage companies may not give a mortgage on a flying freehold house.

It depends who your proposed lender is. Santander has different instructions from Birmingham Midshires. If you call us we can check with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Leconfield. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Leconfield to see if the conveyancing will be more expensive.

I need to appoint a conveyancing solicitor for remortgage conveyancing in Leconfield. I have stumble across a web site which appears to be the perfect offering If there is a chance to get all formalities completed via email that would be preferable. Do I need to be wary? What are the potential pitfalls?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?

My husband and I have had DIP from Virgin Money who indicated that they will lend up to £117k. When do I need to instruct a lawyer for conveyancing? Leconfield is where we are .

You can instruct a lawyer now so that the property lawyer can open the ledger so they can do their AML checks etc. Once you wish them to commence work you will be asked for a payment on account usually approximately £225. That would normally be after you have the mortgage offer and valuation results, but should you want to expedite the process you can start the ball rolling sooner even though you may be risking some money.