Regardless of the number of times that you’ve gone through it, buying a new home can be a stressful experience for anyone. A house is a gigantic investment, and you want to make sure that the process goes as smoothly as possible.
From the first offer, to the exchanging contracts, most people are looking to avoid any serious complications. And while you may have the best intentions, believing that you’re every bit as qualified to handle the sale as anyone else, it’s a wise idea to learn from the mistakes of others and hire some professional help.
Using property lawyers , such as conveyancers and property solicitors, to guide you through the house buying process is not just a good idea, but may actually be necessary in some cases. So before you try and go it alone, look over these compelling reasons as to why you’re probably better off hiring the help of a property lawyer instead.
Contacts the Seller and Handles the Paperwork
One of the first things that a property lawyer will do on your behalf is contact the conveyancer or property solicitor that is representing the seller. He will then request a draft contract, the title or deed to the property, as well as other protocol documents.
These documents include:
·Seller’s Property Information Form – In this form the seller is required to disclose any and all issues with the home.
·Leasehold Information Form – Will set all necessary factors in leasehold homes.
·Fittings and Contents Form – Informs you what will be left in the home, and what will be removed after the sale.
Once all the documents have been received, your lawyer will go through the details of each one, and make sure that everything’s in order. If any potential problems are found, they will raise them with the conveyancer representing the other party. Without the proper legal training it wold be quite easy to miss something at this stage, making it more likely that you’ll be taken advantage of.
Helps to Secure a Mortgage
When trying to secure a mortgage, having a property lawyer may actually be necessary. This is because many mortgage lenders refuse to do business directly with buyers, and prefer rather to deal with a professional intermediary such as a lawyer or solicitor. Your property lawyer will also help by going through all paperwork associated with the loan, ensuring that the conditions are favourable.
Inspects the Property
Your property lawyer should also assist in setting up legal searches of the property, as many problems aren’t immediately noticeable even after a survey has been conducted.
Some of the searches that are commonly performed include:
·Flood Risk Analysis
·Local Authority Search
·Water Authority Search
·Checking both the title register and title plan with the Land Registry
·Environmental Search
If you’re planning on buying a home and would like to hire the services of experienced property lawyers to assist in the conveyancing process, and then please contact Andrew Lee & Co by phone on 01622 750 101, or by email at info@a-lee.com.
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