I am selling my home in Brixton. Will my conveyancer have to be required to be on the Principality conveyancing panel in order to deal with paying off my mortgage?
Ordinarily, even if your lawyer is not on the Principality conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their requirements fairly frequently in recent years.
How does conveyancing in Brixton differ for new build properties?
Most buyers of new build or newly converted property in Brixton come to us having been asked by the builder to exchange contracts and commit to the purchase even before the property is completed. This is because house builders in Brixton usually acquire the real estate, 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 conveyancers 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 Brixton or who has acted in the same development.
I'm remortgaging my primary home to a BTL mortgage with Nationwide Building Society and I will use the ballance of the raised equity towards a second property. The area we are looking at is Brixton. Will your lawyers be able to act for both sets of lenders and link together the conveyances?
Make use of our comparison tool on this site to check that the solicitors are approved by both banks. On the basis that they are the solicitor should be able to tie up the two conveyancing matters but you should have a chat with you solicitor and communicate your expectations and requirements.
Should I choose a Brixton conveyancing practitioner based in the area that I am hoping to buy? An old friend can conduct the conveyancing but his firm is located 400miles away.
The benefit of a local Brixton conveyancing firm is that you can pop in to sign documents, hand in your ID and apply pressure on them where appropriate. They will also have local insight which is a bonus. However it's more important to get someone that will do a good and efficient job. If if people you trust instructed your friend and on the whole were happy that should trump using an unfamiliar Brixton conveyancing lawyer solely due to them being local.
I have checked your search tool I can't find the lawyer I was hoping to instruct as being on the lender conveyancing panel. My lawyer has said that they are on the mortgage company approved panel. How can I be sure given that they are not listed on your directory?
Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the mortgage company conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the lender solicitor panel.