I decided to go with a high street lawyer for our conveyancing in Barons Court recently. Reviewing the terms of engagement I notewe are liable for charges even if the dealfalls through. Would I be best advised to select a web based lawyer advertising no move no charge conveyancing in Barons Court?
It is usually ‘give and take’ in that if "No Completion No Fee" is advertised then the fee levels will tend to be be more expensive to neutralise the cases that do not proceed. You should be mindful that such promotions tend not to cover expenditure for example Barons Court conveyancing search costs.
My husband and I are approaching an exchange on a flat in Barons Court and my mum and dad have transferred the 10% deposit to my solicitor. I am now advised that as the deposit has not arrived from me my property lawyer needs to disclose this to my bank. I am advised that, in also acting for the lender he must advise them that the balance of the purchase price is not just from me. I advised the bank regarding my parents' contribution when I applied for the home loan, so is it really necessary for him to raise this?
Your solicitor is duty bound to check with the bank to make sure that they are aware that the balance of the purchase price is not from your own funds. The solicitor can only reveal this to your mortgage company if you agree, failing which, your lawyer must cease to continue acting.
I am purchasing a detached bungalow in Barons Court. We would like to carry out an extension to the side at the property.Will the conveyancing process involve checks to ascertain if these alterations are prohibited?
Your property lawyer will check the deeds as conveyancing in Barons Court will occasionally reveal restrictions in the title documents which prohibit categories of works or require the consent of another owner. Many extensions call for local authority planning permissions and approval in accordance building regulations. Certain areas are designated conservation areas and special planning restrictions apply which frequently prevent or affect extensions. You should check these things with a surveyor ahead of any purchase.
is it true that all Barons Court solicitors on the Aldermore conveyancing panel are governed by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the Aldermore conveyancing panel they would need to be overseen by the Solicitors Regulatory Authority. Many banks do allow licenced conveyancers on their panel in which case such firms would be overseen by the CLC.
I had an offer accepted on a house in Barons Court on 26/3/2025, valuation was booked 3 days after, all came back fine. Solicitor instructed, so the only thing outstanding was my mortgage offer. Having made daily calls to Principality and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Principality conveyancing panel. Are Principality entitled to hold back the Mortgage pending the lawyer being on the approved list?
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Principality to deal with your lawyer's application to be on the Principality conveyancing panel. There's no guarantee that your solicitor will be accepted.
How does conveyancing in Barons Court differ for new build properties?
Most buyers of new build property in Barons Court come to us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the house is finished. This is because developers in Barons Court usually acquire the site, 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 Barons Court or who has acted in the same development.
I decided to have a survey carried out on a property in Barons Court prior to instructing conveyancers. I have been informed that there is a flying freehold element to the property. Our surveyor has said that some mortgage companies may not give a mortgage on this type of property.
It depends who your proposed lender is. Bank of Scotland has different requirements for example to Halifax. If you contact us we can investigate further via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Barons Court. Conveyancing may be slightly more expensive based on your lender's requirements.
How much experience do your Barons Court conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?
Barons Court conveyancing lawyers help thousands of buyers move home every year and supported lots of clients through the Help To Buy scheme. The chances are that whatever makes your case unique Barons Court conveyancers have worked on recent similar cases.