We are purchasing a flat and need a conveyancing solicitor in West Hampstead who is on the Virgin Money solicitor panel. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Virgin Money . We don't recommend any particular firms conducting conveyancing in West Hampstead.
What is your number one tip for finding a conveyancing solicitor in West Hampstead
It would be unwise to be tempted by the lowest West Hampstead conveyancing fees. You really do get what you’re paying for when it comes to property lawyers. 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 go into the conveyancing with your eyes wide open.
Are all West Hampstead Conveyancing Quality Solicitors on the RBS conveyancing list of approved solicitors?
A selection of banks and building societies now utilise CQS as the kick off point for Panel membership such as HSBC and Santander. The Law Society’s CQS accreditation however gives no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for solicitor practices wishing to remain on their approved list of firms.
We had instructed conveyancing lawyers located in West Hampstead on the Leeds Building Society solicitor panel. They have just billed me a separate charge for the legal aspects of the Leeds Building Society mortgage. Is this a supplemental conveyancing fee set by Leeds Building Society?
As unfair as it may seem, as long as it’s in their Terms and Conditions or Quote then yes your conveyancing practitioner is entitled to levy a fee for this. This fee is not set by Leeds Building Society but by your West Hampstead conveyancer. Some firms on the Leeds Building Society panel will levy ’dealing with mortgage’ fee but many practices incorporate it on their overall fee.
Just bought a detached house in West Hampstead , What is the estimated time for the Land Registry to record my proprietorship? My West Hampstead conveyancing solicitor has been very slow, so I want to be sure that my name is recorded.
There is nothing unique when it comes to conveyancing in West Hampstead registration formalities. As opposed to being determined by geographic area, timescales can differ subject to the party submitting the application, whether it is in order and whether the Land registry must send notices to any third persons or bodies. Currently approximately three quarters of submission are fully addressed within 12 days but occasionally there can be extensive delays. Historically registration is effected after the new owner is living at the premises so an expedited registration is not usually primary concern yet where it is urgent that the the registration takes place urgently then you or your solicitor should contact the land registry and explain the circumstances.
How does conveyancing in West Hampstead differ for new build properties?
Most buyers of new build residence in West Hampstead come to us having been asked by the developer to exchange contracts and commit to the purchase even before the premises is ready to move into. This is because new home sellers in West Hampstead typically purchase the land, 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 conveyancing solicitors 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 West Hampstead or who has acted in the same development.
I opted to have a survey done on a property in West Hampstead before retaining lawyers. I have been advised that there is a flying freehold overhang to the house. Our surveyor advised that some banks tend not grant a mortgage on this type of premises.
It depends who your proposed lender is. Santander has different requirements from Birmingham Midshires. Should you wish to call us we can look into this further with the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in West Hampstead. Conveyancing may be slightly more expensive based on your lender's requirements.
I was recommended by a number of selling agents in West Hampstead to get a quote from a conveyancer using your seach tool. What’s the financial inducement for Estate Agents to market your services rather than alternative conveyancing organisations?
We refuse to offer any commission for sending work to this site. We thought it would be too underhand a fee because a client could think, ‘How come the agent getting a kickback? Why aren’t I receiving any benefit too?’ So we decided to step away from that.