I am acquiring an apartment in Shepherd's Bush. My Conveyancer is not on the lender solicitor list. Can I still retain my Shepherd's Bush conveyancing solicitor even though they are excluded from the lender panel of approved conveyancing solicitors?
One must instruct a solicitor to deal with the formalities when you take out a mortgage to buy your home. They will carry out all the necessary due diligence on the property, make sure that you will be properly registered as the owner and ensure that all the necessary mortgage paperwork is dealt with. You can select a Shepherd's Bush conveyancing practitioner of your choosing. However, where the lawyer selected is not on the bank solicitor panel further fees will be levied as separate legal representation will be need by the mortgage company. Bank panel applications can be submitted, so if your conveyancer has not in the past sought membership they can do so.
My wife and I have recently appointed a conveyancing solicitor in Shepherd's Bush. I I would like to check if they are on the Leeds Building Society conveyancing panel. Could you help?
You should e-mail the lawyer and enquire whether they are on the lender panel. Alternatively you can call Leeds Building Society who may be able to confirm.
My fiancee and I are spending time viewing houses in Shepherd's Bush and I am about to put in an offer. Should I already have a property lawyer in place at this point? I am planning to take a home loan with Santander.
It would be prudent to instigate your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and pass their details on to the selling agent. Given that you are seeking a mortgage with Santander, ask your prospective lawyers if they are on the Santander conveyancing panel otherwise they can't do the mortgage legal work.
I have decided to exercise my right to buy my property in Shepherd's Bush off the council. I have a mortgage agreed with Barclays. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Barclays, you will need to appoint a solicitor on the Barclays conveyancing panel.
Planning on purchasing a maisonette in Shepherd's Bush. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Barclays conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Shepherd's Bush lawyer is on the Barclays conveyancing panel.
I own a 4 bedroom Georgian house in Shepherd's Bush. Conveyancing solicitor acted for me and Clydesdale. I happened to do a free search for it on the Land Registry database and there are a couple of entries: one for freehold, the second leasehold under the matching address. If a house is not a freehold shouldn't I have been informed?
You should 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 Shepherd's Bush 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 purchasers. You can also check the position with your conveyancing solicitor who conducted the conveyancing.
How does conveyancing in Shepherd's Bush differ for newly converted properties?
Most buyers of new build or newly converted property in Shepherd's Bush contact us having been asked by the developer to exchange contracts and commit to the purchase even before the residence is finished. This is because builders in Shepherd's Bush tend to purchase 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 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 used to new build conveyancing in Shepherd's Bush or who has acted in the same development.