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Find a Kingswood Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Kingswood? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Kingswood home move at risk of delay or failure.

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Recently asked questions about conveyancing in Kingswood

Willappointing a Kingswood conveyancing firm make the legal process smoother?

Established third party relationships is an important consideration when appointing conveyancing solicitors. Kingswood conveyancers enjoy long term relationships with lenders and estate, local authorities, valuers and other conveyancing firms meaning you will move in shortest possible time. Possessing specialist knowledge of the local area also helps too.

My wife and I are approaching an exchange on a property in Kingswood and my mum and dad have sent the exchange deposit to my lawyer. I am now advised that as the deposit has been sent from someone other than me my solicitor needs to disclose this to my lender. Apparently, in also acting for the lender he must inform them that the balance of the purchase price is not just from me. I advised the bank regarding my parents' contribution when I applied for the mortgage, so is it really appropriate for this now to hold matters up?

Your conveyancer is legally required to clarify with lender to ensure that they understand that the balance of the purchase price is not from your own funds. The solicitor can only disclose this to your lender if you permit them to, failing which, your lawyer must cease to continue acting.

Me and my brother purchased a 4 bedroom Georgian house in Kingswood. Conveyancing lawyer acted for me and Aldermore. I did a free Land Registry search last week and there are two entries: the first freehold, another for leasehold under the exact same property. I'd like to know for sure, how can I find out??

You need to read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Kingswood and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the situation with your conveyancing practitioner who carried out the work.

How does conveyancing in Kingswood differ for new build properties?

Most buyers of new build residence in Kingswood approach us having been asked by the builder to sign contracts and commit to the purchase even before the house is built. This is because new home sellers in Kingswood usually 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 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 used to new build conveyancing in Kingswood or who has acted in the same development.

My husband and I are new on the property ladder - agreed a price, but the agent told us that the vendor will only issue a contract if we appoint their recommended conveyancers as they want an ‘expedited deal’. We would rather use a family solicitor used to conveyancing in Kingswood

It is improbable the vendors are behind this. If they require ‘a quick sale', taking such a hostile approach to a motivated buyer is not the way to achieve this. Bypass the agents and go straight to the owners and explain that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you do not need to sell (d) you wish to move quickly (e)but you will continue to appoint your own,trusted Kingswood conveyancing firm - as opposed tothe ones that will provide their estate agent a referral fee or achieve conveyancing thresholds set by head office.

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Find out more about how flying freehold can affect your the value of a property.