What is the first thing I need to know regarding purchase conveyancing in Golders Green?
Not many law firms or advisers will tell you this but conveyancing in Golders Green or throughout North London is often a confrontational process. In other words, when it comes to conveyancing there is lots of opportunity for conflict between you and others involved in the legal transfer of property. For example, the seller, selling agent and sometimes a mortgage company. Choosing a law firm for your conveyancing in Golders Green should not be taken lightly as your conveyancer is your adviser, and is the ONLY party in the transaction whose interest is to protect your best interests and to keep you safe.
On occasion a potential adversary will attempt to persuade you that it is in your interests to do things their way. For instance, the property agent may claim to be helping by suggesting your conveyancer is slow. Or your mortgage broker may try to convince you to do something that is against your solicitors guidance. You should always trust your lawyer above all other parties when it comes to the legal transfer of property.
My lawyer in Golders Green has never been on on the HSBC Bank Conveyancing Panel. Can I still use my prefered solicitor even though they are not on the HSBC Bank list of approved lawyers?
The limited options open to you here include:
- Complete the purchase with your existing Golders Green solicitors but HSBC Bank will need to instruct a conveyancer on their list of acceptable firms. This will result in additional total legal charges as well as result in delays.
- Find an alternative lawyer to act in the purchase, not forgetting to check they are Persuade your lawyer to do everything within their powers to join the HSBC Bank conveyancing panel
Should commercial conveyancing searches disclose proposed roadworks that could affect a commercial premises in Golders Green?
Many commercial conveyancing solicitors in Golders Green will conduct a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in sourcing accurate data on highways that impact buildings and development assets in Golders Green. The report provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Golders Green.
For every commercial conveyancing transaction in Golders Green it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately could cause delays to Golders Green commercial conveyancing deals as well as pose a risk to future intentions for the site. These searches are not conducted for residential conveyancing in Golders Green.
How does conveyancing in Golders Green differ for newly converted properties?
Most buyers of new build property in Golders Green contact us having been asked by the developer to exchange contracts and commit to the purchase even before the house is built. This is because builders in Golders Green typically 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 Golders Green or who has acted in the same development.
Is it simple use the search facility to select a conveyancing lawyer in Golders Green on the panel for my lender?
1st pick a bank such as Accord Mortgages Ltd, The Mortgage Works or Aldermore then choose your location for instance Golders Green. Conveyancing firms in Golders Green and beyond should be shown.
We have been told by numerous estate agents that it should take up to two months for Golders Green conveyancing to complete.This was 3 ago. The draft contract was only received from the vendors conveyancer a couple of days ago so does the clock start running now?
Six to 8 weeks is a very rough timescale. Giving assurances as to accurately how long Golders Green conveyancing will take is an impossible task. Every property has it’s own unique set of issues. As a result your conveyancing practitioner should be unwilling to accurately predict how long it will take to finalise conveyancing in Golders Green.