My partner and I are hoping to acquire a home in Twickenham Park and are in fact using a Twickenham Park conveyancing firm. Within the past 48 hours our property lawyer has sent a preliminary report and documents to look through with a view to exchanging next week. Barnsley Building Society have this evening contacted us to advise us that they have now hit a problem as our Twickenham Park solicitor is not on their approved list of lawyers. Is this a problem?
If you are buying a property requiring a mortgage it is normal for the purchasers' lawyers to also act for the mortgage company. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Accreditation Scheme. Your property lawyer should contact your bank and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own solicitors to act. You are not legally obliged to appoint a law firm on the lender’s conveyancing panel and you may continue to use your own Twickenham Park solicitors, in which case it will likely add costs, and it will likely delay the transaction as you have another set of people involved.
My friend recommended that if I am buying in Twickenham Park I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is sometimes quoted for as part of the standard Twickenham Park conveyancing searches. It is a large document of more than thirty pages, listing and setting out important information about Twickenham Park around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Twickenham Park Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Twickenham Park Education with maps and statistics, Local Amenities and other useful information about Twickenham Park.
It has been four months following my purchase conveyancing in Twickenham Park concluded. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does conveyancing in Twickenham Park differ for new build properties?
Most buyers of new build residence in Twickenham Park approach us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the house is built. This is because builders in Twickenham Park 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 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 accustomed to new build conveyancing in Twickenham Park or who has acted in the same development.
I am a sole trader planning to take an assignment of a lease of a shop on the high street. Can you recommend solicitors offering no-move-no charges for commercial conveyancing in Twickenham Park for less than 1500k?
We are happy to recommend firms who host a wealth of experience of commercial conveyancing in Twickenham Park, including the disposal and acquisition of businesses as well as simply premises. Whether you are intending to acquire or dispose of a shop, pub, restaurant, office, retail unit or a complete business we will put you in touch with the right firm. Regarding the costs these will vary based on the structure and nuances of the deal. Please provide us with your details or telephone so as to enable us to provide you with comprehensive commercial conveyancing quote.
Me and myhusband and I are in the market for a dependable conveyancing lawyer in Twickenham Park to buy a flat. I I am concerned about being overcharged but with many Twickenham Park conveyancing solicitors to pick from...who do I opt for?
If you’ve never used a lawyer in the past, a trustworthy recommendation through relatives or friends is a preferable starting point and is often a good indicator of quality. As an alternative option, view the Law Society’s regional list of lawyers in Twickenham Park or make use of our search tool to find a conveyancing lawyer in Twickenham Park.