I am obtaining a mortgage offer from Nat West. My intention is to instruct a Licensed Conveyancer in Neasden. Does the Nat West Conveyancing panel allow for Licensed Conveyancers?
The Nat West conveyancing panel is, like many other lenders, associated to the CML or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
My partner and I are acquiring a new build duplex in Neasden and my conveyancer is informing me that she has to the mortgage company to disclose incentives from the developer. I am nearing the developer’s deadline to exchange and I would rather not prolong the conveyancing. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your property lawyer. A precondition to being on a bank panel is to comply with the UK Finance Lenders’ Handbook provisions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
What is the first thing I need to know about purchase conveyancing in Neasden?
You may not hear this from too many lawyers but conveyancing in Neasden and elsewhere in England and Wales is an adversarial process. In other words, when it comes to conveyancing there is an abundance of opportunity for friction between you and others involved in the house moving process. For instance, the seller, selling agent and sometimes a bank. Choosing a lawyer for your conveyancing in Neasden should not be taken lightly as your conveyancer is your adviser, and is the SOLE person in the process whose responsibility is to protect your best interests and to protect you.
We are witnessing a distinct emergence in the "blame" culture- someone has to be blamed for the process being so protracted. We recommend that you must always trust your conveyancer ahead of the other parties in the conveyancing process.
I can see plenty of information on this site about conveyancing in Neasden but what is your top tip for finding the right conveyancer in Neasden
It would be unwise to be seduced by the cheapest Neasden conveyancing quote. You really do get what you’re paying for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of the deal.
Do I select a Licenced Conveyancer or Solicitor for conveyancing in Neasden?
There are many registered licenced Conveyancers in Neasden and Solicitor partnerships in Neasden offering conveyancing It is important to make clear that the two are supervised by regulatory bodies with both specialising in the legal aspects of transferring property. They may both also handle associated property related work such as remortgage conveyancing, lease extensions and transfer of equity conveyancing.
I am assisting my mother sell her house in Neasden. Will the conveyancing solicitor order an EPC or it is for the owner to coordinate?
Following the abolition of HIPs, EPC’s was retained a compulsory component of selling a house. An EPC needs to be to hand before the property is placed on the market. This is not a task that solicitors normally arrange. Where you are using a Neasden conveyancing lawyer they might help arrange energy performance certificates due to their contacts with long established local accredited person
I know that there are debates on Chancel Insurance on online forums. Do I need chancel insurance when acquiring a house in Neasden? or Apparently there is historic law that could mean that homeowners residing in a parish church boundary may be liable to pay for maintenance towards the chancel in proximity to the church. Is this suitable for conveyancing in Neasden?
Unless a prior acquisition of the property took place post 12 October 2013 you may assume that solicitors delivering conveyancing in Neasden to remain encouraging a chancel search and or chancel repair liability policy.
How does conveyancing in Neasden differ for new build properties?
Most buyers of new build property in Neasden contact us having been asked by the seller to sign contracts and commit to the purchase even before the property is constructed. This is because developers in Neasden typically purchase 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 used to new build conveyancing in Neasden or who has acted in the same development.