We were about to choose a conveyancing solicitor in Brondesbury recommended on your site but have come across some other fee calculations on the internet look cheaper – why is this?
There are hundreds of conveyancing companies marketing theoretically looks to be cut price. Our advice is to think long and hard about how important this transaction is to you that want to take 'cheap' risks with regard to the quality of the legal work. Some embed fees deep into the terms of business. The solicitors that we put forward for conveyancing in Brondesbury neverdo this.
Why do I have to pay up front when it comes to conveyancing in Brondesbury?
If you are buying a property in Brondesbury your lawyer will request that you place them with monies to cover the the cost of the conveyancing searches. Normally this is asked for to cover the fees of the conveyancing searches. If any down payment is payable against the purchase price then this should be needed shortly prior to exchange of contracts. The final balance that is needed should be sent to your lawyer shortly before completion.
Do I need to pay for insurance to protect me from financial exposure to chancel repairs when buying a house in Brondesbury?
Unless a previous purchase of the house took place after 12 October 2013 you can expect lawyers conducting conveyancing in Brondesbury to continue to propose a a chancel search and or insurance against a claim.
How does conveyancing in Brondesbury differ for new build properties?
Most buyers of new build residence in Brondesbury contact us having been asked by the developer to exchange contracts and commit to the purchase even before the property is ready to move into. This is because house builders in Brondesbury typically 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 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 Brondesbury or who has acted in the same development.
I've recently found out that there is a flying freehold issue on a house I put an offer in a fortnight ago in what should have been a quick, chain free conveyancing. Brondesbury is the location of the property. Can you shed any light on this issue?
Flying freeholds in Brondesbury are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Brondesbury you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Brondesbury 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 residence.