I instructed a high street solicitor for our conveyancing in West London yesterday. After carefully reading the terms of engagement it is apparent thatI am responsible for costs even if the sale doesn't happen. Should I ditch them and instruct an internet conveyancing brokerage who offer no-sale-no-fee conveyancing in West London?
Generally there is a concession along the lines that if "No Sale No Fee" is advertised then the conveyancing charges will tend to be be higher to cover those conveyances that do not proceed. Dont forget that such offerings tend not to cover disbursements such your West London conveyancing search charges.
As a novice what is the most important number one tip you can impart about purchase conveyancing in West London?
Not many law firms shout this from the rooftops but conveyancing in West London or throughout England and Wales is an adversarial process. In other words, when it comes to conveyancing there exists lots of opportunity for conflict between you and others involved in the ownership transfer. For example, the seller, selling agent and sometimes your mortgage company. Appointing a law firm for your conveyancing in West London is a critical decision as your conveyancer is your adviser, and is the SOLE person in the legal process whose role it is to protect your best interests and to keep you safe.
Sometimes a potential adversary will try and sway you that you should follow their advice. For instance, the selling agent may claim to be helping by claiming that your lawyer is wrong. Or your mortgage broker may try to convince you to do something that is contrary to your lawyers guidance. You should always trust your lawyer above all other parties when it comes to the legal transfer of property.
Having spent time reviewing mumsnet.com for an affordable lawyer in West London, many comment that I must look for a CQS kitemarked lawyer. What is CQS?
The Law Society's Conveyancing Quality Scheme is the recognised kitemark for legal experts in home moving process, trusted by some of the UK's major mortgage companies. In 2011-12 the Conveyancing Quality Scheme was officially recognised by the Building Societies Association (BSA). The scheme does not cover licenced conveyancers. West London is one of the many areas in England and Wales where there are CQS solicitors.
Due to the input of my in-laws I had a survey completed on a property in West London ahead of appointing lawyers. I have been advised that there is a flying freehold element to the house. Our surveyor has said that some mortgage companies will refuse to issue a mortgage on a flying freehold house.
It depends who your proposed lender is. HSBC has different requirements for example to Birmingham Midshires. Should you wish to telephone us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in West London. Conveyancing will be smoother if you use a solicitor in West London especially if they regularly deal with such properties in West London.
Is it true that a West London conveyancing solicitor got sued by a client for failing to conduct comprehensive conveyancing investigations?
We are not aware of such a West London conveyancing claim but it has been reported that, a couple buying a home in Cumbria successfully won a case against their lawyer as a consequence of development plans to build a wind farm not being identified in conveyancing searches.
Where you are buying in West London It is important that your lawyer carry out all West London conveyancing searches required making sure that you have accurate and current information ahead of buying a property.