As someone not used to the Kew conveyancing process what’s the number one tip you can give me for the house moving process in Kew
You may not hear this from too many lawyers but conveyancing in Kew or throughout South West London is an adversarial process. In other words, when it comes to conveyancing there exists plenty of room for conflict between you and other parties involved in the ownership transfer. E.g., the vendor, property agent and on occasion a lender. Selecting a solicitor for your conveyancing in Kew an important selection as your conveyancer is your adviser, and is the ONLY person in the process whose interest is to look after your legal interests and to protect you.
Every so often a potential adversary may attempt to persuade you that you should follow their advice. As an example, the selling agent may claim to be helping by suggesting your solicitor is slow. Or your mortgage broker may try to convince you to do take action that is contrary to your lawyers recommendation. You should always trust your lawyer above all other parties when it comes to the legal transfer of property.
I am considering applying for a Nottingham mortgage for purchase of a newly converted (under development) in Kew with 70% loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for Nottingham ?
There is nothing to stop you using your solicitor, but Nottingham will insist on their interests being represented by a firm on their conveyancing panel. There is much more potential for delays and confusion with two solicitors involved, and it will undoubtedly be more expensive too.
We were going to get a OIP from Co-operative this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Co-operative recommend any Kew solicitors on the Co-operative conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Kew solicitors independently although you'll need to choose one on the Co-operative conveyancing panel. The solicitor represents both you and Co-operative through the process.
I'm spending time looking at apartments in Kew and I am about to put in an offer. Is it best to have my conveyancing practitioner on ‘stand by’? I will be getting a home loan with Leeds Building Society.
It would be advisable to start your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their contact information on to the estate agent. Given that you are obtaining a mortgage with Leeds Building Society, ask your prospective lawyers if they are on the Leeds Building Society conveyancing panel otherwise they can't do the mortgage legal work.
At last I have had an offer on a flat in Kew accepted, but there is a chain. The vendors have offered on a flat, however it’s not yet tied up, and have viewings of other apartments in the pipeline. I have chosen a high street conveyancing solicitor in Kew. What should be my next step? When do I get the mortgage application with Barclays going?
It is normal to have apprehensions where there is a chain as you are unlikely to want to incur costs too early (home loan application is approx one thousand pounds, then survey, Kew conveyancing search costs, etc). First, you must check that your property lawyer is on the Barclays conveyancing panel. Regarding the next stages this very much dictated by the specifics of your case, attraction to this property and on the state of the market. During a buoyant market the majority of buyers would apply for the mortgage with Barclays and arrange for the valuation and only if it was satisfactory would they ask their property lawyer to proceed with searches.
How does conveyancing in Kew differ for new build properties?
Most buyers of new build premises in Kew contact us having been asked by the builder to sign contracts and commit to the purchase even before the residence is built. This is because house builders in Kew tend to 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 conveyancing solicitors 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 accustomed to new build conveyancing in Kew or who has acted in the same development.
I need to retain a conveyancing solicitor for remortgage conveyancing in Kew. I have stumble across a web site which appears to be the perfect solution If it is possible to get all formalities done via phone that would be ideal. Should I be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?