At what point will exchange of contracts occur in domestic conveyancing in Plumstead and do I need to attend the lawyers office?

Where you are in close proximity to one of the conveyancing solicitors in Plumstead you are welcome to attend to sign contracts. That being said, the lender approved solicitors we recommend supply a national conveyancing service and provide as equally diligent and professional a job for you when dealing with you digitally. The signing of the sale agreement is not when everything is set in stone. Signing on the dotted line simply enables the conveyancer to address the formalities at the appropriate time, which will usually be very shortly after signing. The exchange process is is usually a five minute process, although where an extended "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Plumstead)to be in the office available at the end of the phone to exchange contracts.

I have recentlyfound out that Arc property Solicitors have closed. They conducted my conveyancing in Plumstead for a purchase of a leasehold apartment 10 months ago. How can I establish that my home is in my name in the name of the previous owner?

The easiest method to see if the premises is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Plumstead conveyancing specialists.

I'm buying my first flat in Plumstead with the aid of help to buy. The builders refused to reduce the amount so I negotiated five thousand pounds worth of additionals instead. The house builders rep advised me not inform my lawyer about the deal as it may jeopardize my mortgage with the lender. Is this normal?.

All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

I opted to have a survey carried out on a property in Plumstead in advance of retaining solicitors. I have been advised that there is a flying freehold overhang to the house. Our surveyor has said that some lenders will not give a loan on this type of property.

It depends who your proposed lender is. Bank of Scotland has different requirements from Birmingham Midshires. If you e-mail us we can look into this further via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Plumstead. Conveyancing may be slightly more expensive based on your lender's requirements.

My uncle has encouraged me to instruct his lawyers for conveyancing in Plumstead. Should I choose my own conveyancer?

No doubt it’s preferable to select a conveyancing lawyer is to get feedback from friends or family who have actually previously instructed the conveyancer you're contemplating using.