Would the conveyancing lawyers via your comparison service conduct conveyancing in Chiswick by way of an attended exchange?
There are a few conveyancing experts who can conduct 24hr exchanges. Do contact us to get a conveyancing quote and details as to dates.
Can you clarify what the consequences are if my lawyer’s firm is suspended from the Skipton Solicitor panel ahead of completing my conveyancing in Chiswick?
The first thing to point out is that, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit at a cost.
How does conveyancing in Chiswick differ for new build properties?
Most buyers of new build property in Chiswick contact us having been asked by the developer to exchange contracts and commit to the purchase even before the residence is completed. This is because developers in Chiswick typically acquire the land, 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 conveyancers 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 Chiswick or who has acted in the same development.
I am looking for a leasehold apartment up to £195,000 and found one round the corner in Chiswick I like with a park and transport links in the vicinity, however it's only got 52 years unexpired on the lease. There is not much else in Chiswick in this price bracket, so just wondered if I would be making a grave error purchasing a short lease?
If you require a home loan the remaining unexpired lease term may be an issue. Reduce the price by the expected lease extension will cost if not already taken into account. If the current owner has owned the premises for at least twenty four months you may ask them to start the process of the extension and then assign it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this matter.
How do I use the search facility to select a conveyancing lawyer in Chiswick on the approved list for my mortgage?
First choose a lender such as Accord Mortgages Ltd, The Mortgage Works or TSB then choose your preferred area such as Chiswick. Conveyancing firms in Chiswick and across England and Wales should be listed.
My conveyancing in Chiswick completes on Friday, however the couple I am buying from has asked to vacate 24 hours later at at 2pm. Should I agree to this?
If you need a mortgage then your property lawyer will insist that you have vacant possession on Friday - the lender will insist on it.