The housing market in Kinver is heating up. What can be done to hasten the legal process?
Where you are under time constraints to exchange we would recommend that your conveyancer is familiar with the area as they will benefit local relationships and intelligence. It is possible that they could have handled previoushouses in the same neighbourhood. You would be best advised to use a Kinver conveyancing solicitor. In addition, double check that the conveyancing firm is on the member panel. It is understood that 18% of Kinver conveyancing deals are delayed or jeopardised after discovering a purchaser’s conveyancer was not on their banks member panel. In many cases this discovery resulted in the legal process being frustrated by as much as three weeks. It is said that this issue affects in the region of one hundred thousand home moves every year. Many Kinver conveyancing firms can not act for certain lenders so do check as early as possible.
Do the Building Society Association intend to launch a searchable register to list law firms on the Darlington Building Society conveyancing panel for example in Kinver?
We would not expect to be advised of any plans on the part of the BSA to promote such a register.
I have been on the look out for a flat up to £235,500 and found one round the corner in Kinver I like with open areas and transport links in the vicinity, however it's only got 61 years unexpired on the lease. I can't really find anything else in Kinver suitable, so just wondered if I would be making a grave error buying a short lease?
Should you need a mortgage that many years will be a potential deal breaker. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for at least 2 years you may request that they commence the lease extension formalities and pass it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this matter.
How do I use the search facility to locate a conveyancing solicitor in Kinver on the panel for my mortgage?
Step one is to select a mortgage company such as Santander, Leeds Building Society or Godiva Mortgages Ltd then type in your preferred area e.g. Kinver. Conveyancing organisations in Kinver and nationally should be shown.
My husband and I are first time buyers - agreed a price, but the selling agent has warned us that the seller will only go ahead if we instruct their recommended solicitors as they need an ‘expedited deal’. My instinct tells me that we should use a local conveyancer with experience of conveyancing in Kinver
We suspect that the seller is not behind this demand. If they require ‘a quick sale', alienating a serious buyer is going to damage their objectives. Try to communicate with the owners directly and explain that (a)you are keen to buy (b)you are excited to move forward, with finances in place © you are unencumbered (d) you intend to proceed fast (e)but you are going to appoint your preferred Kinver conveyancing solicitors - as opposed tothose that will provide the estate agent a referral fee or meet his conveyancing targets demanded by corporate headquarters.
Whilst your website is a good idea there are many lawyers listed near Kinver being on the mortgage company conveyancing panel. Can you recommend a specific firm on the conveyancing panel for our bank?
We are not in the business of recommending one firm above another as the right Kinver conveyancing solicitor for you depends on where your priorities lie. For example you may require a local firm with Kinver knowledge or you might be looking for the low cost conveyancing. Before you appoint your lawyer we advise you to speak to two or three of the the firms listed to gain comfort as to which one is right for you..