My wife and I are purchasing a 1 bedroom flat in Shepherd's Bush with a mortgage. We like our Shepherd's Bush lawyer, but the bank advise he's not on their "panel". It seems we have little choice but to appoint one of the mortgage company panel solicitors or continue with our Shepherd's Bush conveyancer as well as pay for one of their panel firms to act for them. This seems very unfair; are we not able to require that the lender use our Shepherd's Bush lawyer ?
No, not really. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the bank’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower 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 Shepherd's Bush conveyancing solicitor to apply to be on the conveyancing panel.
IfI was to purchase a simple residential housein Shepherd's Bush for cash and dispense with a survey and no local authority searches how much would I expect to to save on my conveyancing in Shepherd's Bush?
The only reduction in fees you would make on is the disbursement for searches. A property lawyer is obliged to do the vast majority of work - money laundering, communicating with the sellers property lawyer, SDLT return, register the ownership etc. You might save a bit for them not having to register a mortgage however it will not be meaningful.
I am assisting my sister sell her house in Shepherd's Bush. Will the conveyancing solicitor commission the energy assessment or it is for the seller to coordinate?
Following the demise of Home Packs, energy assessments was maintained a required element of moving property. An EPC must be to hand prior to the property being placed on the market. It is not as aspect of the sale process that lawyers ordinarily organise. Where you are using a Shepherd's Bush conveyancing solicitor they might be willing to arrange energy assessments due to their relationships with reputable Shepherd's Bush energy assessors
Forgive me if this question is silly but I am unseasoned as FTB of a ground floor flat in Shepherd's Bush. Do I pick up the keys to the house on the completion date from my solicitor? If this is the case, I will use a High Street conveyancing solicitor in Shepherd's Bush?
There is no need to visit the lawyers office on the day of completion. Your solicitors will electronically transfer the completion advance to the owner’s conveyancers, and shortly after the monies have arrived, you should be able to pick up the keys from the Estate Agents and move into your new home. Usually this occurs between 1 and 3pm.
When it comes to mortgage companies such as Principality, do Shepherd's Bush conveyancing practitioners have to pay an annual charge to be on the conveyancing panel?
We are unaware of any bank fees to be on their panel, although some do charge an administration charge to deal with the processing of the conveyancing panel application.
What does commercial conveyancing in Shepherd's Bush cover?
Commercial conveyancing in Shepherd's Bush incorporates a wide array of advice, given by regulated solicitors, relating to business premises. For instance, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.
In my capacity as executor for the estate of my father I am disposing of a house in Cardiff but live in Shepherd's Bush. My conveyancer (approximately 235 miles from meneeds me to sign a statutory declaration ahead of the transaction finalising. Can you recommend a conveyancing solicitor in Shepherd's Bush to witness and place their company stamp on the document?
strictly speaking you are unlikely to need to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or solicitor will do regardless of whether they are based in Shepherd's Bush
To what extent are Shepherd's Bush conveyancing solicitors duty bound by the Law Society to supply transparent conveyancing costs?
Inbuilt into the Solicitors Code of Conduct are specific rules and regulations as to how the Solicitors Regulation Authority (SRA) allow solicitors to publicise their charges to clients.The Law Society have practice note giving advice on how to publicise transparent charges to avoid breaching any such rule. Practice notes are not legal advice issued by the Law Society and is not intended as the only standard of good practice a conveyancing solicitor should adhere to. The Practice Note does, however, constitute the Law Society’s view of acceptable practice for publicising conveyancing charges, and accordingly it’s a recommended read for any solicitor or conveyancer in Shepherd's Bush or beyond.