IfI were to purchase a straightforward homein Northwick Park for cash and have no survey and no conveyancing searches how much would I expect to to save on my conveyancing in Northwick Park?
The only reduction in fees you would make on is the Northwick Park conveyancing searches. A lawyer is obliged to do the vast majority of work - money laundering, liaising with the vendors property lawyer, SDLT return, register the title etc. You might save a bit for them not having to register a charge but it will not be meaningful.
We are hoping to buy a purpose built apartment in Northwick Park with a mortgage from Godiva Mortgages Ltd.We like our Northwick Park conveyancing lawyer but Godiva Mortgages Ltd advised that she’s not on their approved list of member firms. we are left little option but to use a Godiva Mortgages Ltd panel firm or keep our preferred solicitor and fork out for one of their panel ones to represent them. This seems very unfair; Can we not simply insist that Godiva Mortgages Ltd use our lawyer?
Unfortunately,no. The mortgage issued to you is subject to its various provisions, one of which will be that solicitors needs to be on the Godiva Mortgages Ltd conveyancing panel. in the past, most lenders had large numbers of solicitors on their panels: a borrower could find one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your solicitors to apply to be on the conveyancing panel for Godiva Mortgages Ltd
I have justbecome aware that Stirling Law have been shut down. They conducted my conveyancing in Northwick Park for a purchase of a leasehold flat 18 months ago. How can I be sure that the property is in my name in the name of the previous owner?
The quickest method to check if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Northwick Park conveyancing specialists.
How does conveyancing in Northwick Park differ for newly converted properties?
Most buyers of new build residence in Northwick Park approach us having been asked by the developer to sign contracts and commit to the purchase even before the house is constructed. This is because developers in Northwick Park usually acquire 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 accustomed to new build conveyancing in Northwick Park or who has acted in the same development.
I am using a search engine for the words conveyancing in Northwick Park it reveals many property lawyersin the area. How do I determine which is the right conveyancing solicitor for me?
The preferential method of finding a suitable conveyancer is via personal referral, so enquire of friends and relatives who have purchased a property in Northwick Park or the respected estate agent or financial adviser. Fees for conveyancing in Northwick Park vary, so it's advisable to secure a minimum of three fee calculations from different property lawyers. Dont forget to clarify that the fees are fixed.