My wife and I are purchasing a apartment in St Paul's Cray. It might be a silly question but how we can trust a lawyer? At some point we have to put our life savings into their account. What protection do we have from them run away with our deposit?
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.
Forgive me if this question is silly but I am unexperienced as a 1st time buyer of a two bedroom flat in St Paul's Cray. Do I collect the keys to the premises on completion from my lawyer? If so, I will instruct a High Street conveyancing solicitor in St Paul's Cray?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will electronically transfer the completion advance to the vendor’s lawyers, and once they have received this, you should be called to receive the keys from the Estate Agents and start moving into the property. Usually this occurs between 1 and 3pm.
A colleague advised me that in buying a property in St Paul's Cray there could be a number of restrictions affecting the ability to carry out external changes to the property. Is this right?
There are anumerous of properties in St Paul's Cray which have some sort of restriction or requirement of consent to execute external changes. Part of the conveyancing in St Paul's Cray should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
How does conveyancing in St Paul's Cray differ for new build properties?
Most buyers of new build residence in St Paul's Cray come to us having been asked by the builder to sign contracts and commit to the purchase even before the property is constructed. This is because builders in St Paul's Cray usually purchase 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 St Paul's Cray or who has acted in the same development.
Yesterday I discovered that there is a flying freehold element on a house I have offered on two weeks back in what should have been a straight forward, chain free conveyancing. St Paul's Cray is where the house is located. Is there any advice you can impart?
Flying freeholds in St Paul's Cray are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside St Paul's Cray you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in St Paul's Cray may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
I am looking to sell my property. My past lawyers closed down. I am in need of a recommendation of a conveyancing firm. I happen to live in St Paul's Cray if that makes a difference.
Do use our search tool to help you find a solicitor for your conveyancing in St Paul's Cray. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs with a minimum of fuss.
I need to instruct a conveyancing solicitor for purchase conveyancing in St Paul's Cray. I happened to discover a site which looks to be the perfect answer If there is a chance to get all this stuff completed via email that would be ideal. Should I 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?