I am under pressure from the seller of a property in Chiswick to complete within four weeks. What can I do to speed up matters?
In a situation where the seller is applying time constraints for your conveyancing it is advisable to make sure that your conveyancer is familiar with the location as they will have local contacts and knowledge. It is even conceivable that they could have transacted otherhouses in the same neighbourhood. You would be best advised to use a Chiswick conveyancing solicitor. In addition, be sure that the conveyancing firm is on the lender panel. It is estimated that nearly one in five of Chiswick conveyancing deals are held up or jeopardised after finding out that a buyer’s lawyer was not on their banks panel. This can often result in the home move being delayed by almost three weeks. It is said that this issue impacts approximately 100,000 home moves every year. Many Chiswick conveyancing practices can not represent certain mortgage companies so do check at the outset.
It is a dozen years since I bought my home in Chiswick. Conveyancing solicitors have now been appointed on the sale but I am unable to locate the title documents. Will this cause complications?
Don’t worry too much. First there is a chance that the deeds will be retained by the lender or they could be in the possession of the solicitor who acted in the purchase. Secondly the likelihood is that the title will be recorded at the land registry and you will be able to prove you are the registered owner by your conveyancing solicitors acquiring up to date copy of the land registers. Nearly all conveyancing in Chiswick relates to registered property but in the rare situation where your property is unregistered it is more problematic but is not insurmountable.
We expect to receive a DIP from Kent Reliance this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Kent Reliance recommend any Chiswick solicitors on the Kent Reliance conveyancing panel, or is it better to go independently?
You will need to appoint Chiswick solicitors independently although you'll need to choose one on the Kent Reliance conveyancing panel. The solicitor represents both you and Kent Reliance through the process.
My fiancee and I are spending time viewing apartments in Chiswick and I am now considering a potential offer. Is it premature to have a solicitor in place? I intend to finance via a mortgage with Leeds Building Society.
It would be wise to commence your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their contact information on to the selling agent. As you are getting a mortgage with Leeds Building Society, make sure you remember to check that your lawyer is on the Leeds Building Society conveyancing panel.
Completion of my remortgage has taken place for my property in Chiswick. Conveyancing was a necessary evil but I would like to complain about the lender. Who do I contact should I wish to lodge a complaint?
Almost all banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Department at head office. Ordinarily complaints to a lender are resolved very quickly. If you feel the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.
How does conveyancing in Chiswick differ for newly converted properties?
Most buyers of new build or newly converted property in Chiswick come to us having been asked by the developer to exchange contracts and commit to the purchase even before the residence is built. This is because new home sellers in Chiswick tend to buy 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 accustomed to new build conveyancing in Chiswick or who has acted in the same development.
Are there any apps to assist me to locate a Chiswick solicitor on the Chelsea Building Society conveyancing panel? I have a car and am happy to travel upto 25kilometers to meet the lawyer.
Feel free to make use of the tool on this website. Please select a lender and your location and you will see a number of Chiswick conveyancing lawyers locally. We have detailed some Chiswick conveyancing firms towards the end of this page and you can call them to verify whether they are on the Chelsea Building Society panel
We are planning to purchase a 2 bedroom first floor flatin Chiswick with a home loan from a bank. We have a solicitor in Chiswick however our lender inform us now that he's not on their "panel". Apparently we need to choose from the our bank panel firms or stay with our Chiswick conveyancer and incur the extra costs for one of their panel ones to represent them. This seems very unfair; Can we not simply insist that our mortgage company use our Chiswick lawyer?
No, not really. The mortgage company home loan issued is subject to conditions, one of which will be that solicitors will on the lender's conveyancing panel. in the past, most banks had large numbers of law firms on their panels, including many conveyancing solicitors in Chiswick : a mortgagee could choose 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 lawyer to apply to be on the conveyancing panel for your bank.