The property market in Belgravia is hotting up. What can I do to expedite matters?
In the event that the seller is applying pressure for your conveyancing we would recommend that your lawyer is familiar with the area as they will make use of local relationships and intelligence. It is even conceivable that they could have handled previoushomes in the same neighbourhood. You would be best advised to use a Belgravia conveyancing firm. Second, ensure that the conveyancing firm is on the on the approved list for your mortgage company. It is understood that 18% of Belgravia conveyancing deals are frustrated or jeopardised after discovering a purchaser’s lawyer was not on their mortgage lender’s list of approved solicitors. In many cases this discovery resulted in the buying process being frustrated by almost three weeks. It is estimated that this issue impacts in the region of one hundred thousand home sales every year. Almost all Belgravia conveyancing firms can not act for certain mortgage companies so do check at the outset.
Can I use your services to recommend a Conveyancing solicitor in Belgravia even if I’m not buying or disposing of a house, for instance where I wish to buy an office in Belgravia with a loan from Skipton Building Society?
Our search tool is primarily used to find residential conveyancing solicitors in Belgravia but we have set out at the end of this page some Belgravia commercial conveyancing firms. You should enquire with the firm directly to establish if they are also authorised to represent Skipton Building Society
How does conveyancing in Belgravia differ for newly converted properties?
Most buyers of new build premises in Belgravia come to us having been asked by the developer to sign contracts and commit to the purchase even before the property is finished. This is because developers in Belgravia tend to purchase the site, 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 used to new build conveyancing in Belgravia or who has acted in the same development.
My cousin has recommend that I use his conveyancing solicitors in Belgravia. Should I choose my own solicitor?
No doubt it’s preferable to find a conveyancing lawyer is to seek guidance from friends or relatives who have actually experience in using the firm that you are considering.
Why do I have to send my conveyancer with various items of ID ahead of starting selling or purchasing a property in Belgravia?
Belgravia lawyers are obliged by the Law Society, SRA, HMLR and current Money Laundering legislation to record that the have verified the identity of their clients. It is also sometimes a condition of your bank if you are taking a mortgage. Furthermore they have to complete various forms, particularly those relating to stamp duty land tax and need to have details such as your full names, national insurance number and DOB.