Friday 26 March 2021

Instruct A Solicitor Before Offer Stage - It Makes Sense!

If you are moving house or a First Time Buyer, Investor then it makes sense to compare live conveyancing quotes online just like you would when reviewing car insurance, energy and broadband. You want an idea on what the cost savings will be.

Moving house can be costly and if you wait until offer stage to instruct a Solicitor then you are behind the curve. You want to be ahead and ready to push the transaction to an early exchange of contracts.

Go online, compare legal pricing with Homebuyer Conveyancing and make an informed decision on who to instruct.

You can take a quote away and schedule a direct call back to discuss your quote. No hidden fees but you will want to check. Understand that if your property purchase fails through no fault of your own your search pledge that is included within your quote will cover another set of searches for Free up to a value of £300. That’s a massive saving and a great bonus to have when you may need to change your course.

The Priority Is To Get To Exchange Of Contracts Within 3 Months

If you have instructed your Solicitor prior to offer stage then you will have received your Client Care Pack and returned signed the terms of engagement. The majority of Solicitors will accept scanned documents with the actual documents then posted. A belt and braces approach at the start is always worth it.

Once the solicitor receives your signed terms the conveyance will start by carrying out ID checks. Then they can prepare your sales contract should you be selling your property. That means that when a Buyer comes along you can swap solicitor details and the experts can get moving with the conveyance. Failing to plan will extend your Conveyance. It could go from 3 months to 6 months and maybe result in a failed transaction.

It’s All About Conveyancing Priorities

Plan your move and understand what the total legal cost will be, use professionals that have great google reviews and do make a call to the online conveyancing comparison website that is marketing the High Street Solicitors. Some comparison websites do not monitor available capacity. They should and Homebuyer Conveyancing does.

Local Authority Delays?

If you are buying in a County where the Local Authority has significant delays to provide the local property search data, then it is wise to use a Homebuyer Solicitor that has access to an express search or an indemnity policy.

Your Chosen solicitor needs to have an alternative solution at the ready. Why wait for delays to scupper your property deal. Why accept poor performance. From the outset understand what a realistic exchange of contracts date is. If the Solicitor is saying that it will take more than 3 months then an issue is causing that to happen. Try and understand what the issue is, maybe the Buyer hasn’t the funds at the ready to proceed and they are in the background trying to fix it. Not really acceptable when they placed an offer on your property “subject to survey” and “not subject to funding”.

Plan Ahead Your Route To A Successful Completion

man sitting in a boat

Take stock of your move and from the outset set key milestones. These milestones can represent when you want reliable conveyancing updates from your Solicitor. You will also be able to discuss the timeline between each milestone.

That will ease the pressure and and bring focus on what’s important to delivering a rapid conveyancing exchange of contracts.

Slow conveyancing can be down to a poor start which is often the Seller not being ahead of the game when they accept the offer.

Thursday 18 March 2021

Should You Really Use a Developer Solicitor Recommendation?

Buying a New Build then ensure that you use an impartial Solicitor such as those that are members of the Homebuyer Conveyancing panel. Find your lender approved best Conveyancer instantly online by using the Homebuyer Conveyancing comparison service.

The free to use system provides the tools to save on conveyancing - Simply by comparing like for like quotes. 

You can conveniently research the best quotes by filtering your tailored best local conveyancing results by price, location and by Mortgage Lender. Best buy quotations that itemise your legal fees and disbursements costs all direct from proven High Street Solicitors.

What Else Should We Focus On?

Each buying conveyancing quotation includes a search pledge. If you decide to pull out of the transaction through no fault of your own you can get another set of searches for Free up to a value of £300. This makes sense by planning ahead for the unforeseen. 

Failing isn’t what you want but sometimes it can be an uphill struggle where the survey results simply point out, that the property needs too much work to bring it up to RICS standard. Just an example of why the search pledge protects your needs.

Make Progress Using Homebuyer Conveyancing

When you are ready to instruct you sale, purchase Solicitor or both, take a quote away from the Homebuyer Conveyancing comparison website and schedule a Solicitor call back. You can get answers to your conveyancing questions at a time that suits you. 

You can of course browse freely until you are ready to progress with your conveyancing. Don’t wait too long before instructing a Solicitor. On instruction you will be sent a Client care pack and terms of engagement. It’s extremely important that you sign the terms, ideally same day and scan back to your chosen Solicitor firm. On receipt they can start your conveyance by carrying out ID checks on you.

Progressing To Exchange Of Contracts Is The Key Milestone

Exchange of contracts is where the accepted offer becomes binding. No party can pull out of the transaction, This is the key Developer milestone where they want and need you to get you to exchange of contracts as fast as is possible.

Developers will often push to get to exchange of contracts. hence why they are keen for you to use their Solicitor. Don’t do this as you want impartial legal advice.

white and brown concrete building
                          Choosing a New build can be the easy way to Move House

Where Are You Up To In Your Move?

Choose a Solicitor firm that agrees on how they are going to communicate to update you on your property transaction. Try and avoid phoning up all the time especially on the friday completion day.

A Homebuyer Conveyancing solution is what you want. That’s why we ask they you use the many Homebuyer Conveyancing High Street Solicitors that provides direct best local conveyance pricing to all website visitors.

Progress your move and stay firmly in the driving seat. Agree key milestones with the parties involved. Never assume that the parties are moving forward. They must demonstrate it.

Agree a realistic exchange of contracts date.

Wednesday 10 March 2021

Extended Stamp Duty Land Tax Holiday - Fantastic News For For All UK Buyers And Sellers Of Property

Extended SDLT Holiday was welcome news from the UK Sunak March budget. It solves the backlog issues for many Conveyancers and provides new opportunities for Buyers and Sellers of property that can complete in 3 months if buying above 500K properties. First Time Buyers get a double win as new mortgage lending at 95% has been announced.

Homebuyer Conveyancing has enjoyed providing double the amount of quotes to both Sellers and Buyers, with instructions at an all-time high. These new proactive Buyers and Sellers can compare conveyancing quotes online instantly without disclosing their personal details. No spam Convenient, comparable conveyancing just right to make an informed decision on which is the right Solicitor to instruct.

Good vibes always help to progress a property to completion. Everyone needs a fast exchange of contracts, That way the property deal is protected

pair of hands painting
Extended SDLT Holiday – Fantastic News For Both Buyers and Sellers

Your probably thinking that this is the time to move, well if you are a First Time Buyer over the next few weeks your Mortgage Broker should be able to find some excellent lending deals and you have until Sept to save on stamp duty if you are buying under £250K.

For those Property Buyers that want to save money but are buying above £250K they will need to ensure that all parties have the ability to complete fast. It is possible but only if you have instructed a Solicitor when your property is placed on the market for sale or if you have a chosen Solicitor when you are viewing properties.

Don’t forget when you instruct a Solicitor they send out a Client care pack with the terms of engagement. The conveyance begins when the Solicitor has received the signed terms back. They will then carry out ID checks. If you are internet savvy then using email and scanning your required documents will save days.

Once you find a property you need to manage the Survey. Many Surveyors are booked up. You may get a survey done within 7 days but it could cost you more.

Enjoy the challenge of moving house and make sure you are proactive in getting to exchange of contracts. Set yourself realistic milestone dates.