I am acquiring a house mortgage free in West Hill. I have lived for the last Seventeen years in West Hill. Conveyancing searches are a lot of money. Given that I have knowledge of the area and road intimately must I have all the conveyancing searches?
Provided that you do not need a mortgage, then almost all of the West Hill conveyancing searches are optional. Your conveyancer will 'advise', perhaps strongly, that you should have searches completed, but he is duty bound to take that path of encouragement . Do consider; if you are going to sell the house one day, it may be of importance to your future purchaser what the searches determine. Sometimes properties with apparent issues can still reveal adverse search results. A competent conveyancing solicitor in West Hill should be able to give you some constructive guidance here.
We are purchasing a house and need a conveyancing solicitor in West Hill who is on the HSBC solicitor panel. Can you recommend a local 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 HSBC . We don't recommend any particular firms conducting conveyancing in West Hill.
What happens if my solicitor is suspended from the Nationwide Solicitor panel ahead of completing my conveyancing in West Hill?
The first thing to point out is that, this is a very rare occurrence. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
four months have gone by following my purchase conveyancing in West Hill concluded. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £215,000. 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 premises 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 West Hill differ for newly converted properties?
Most buyers of new build premises in West Hill contact us having been asked by the builder to sign contracts and commit to the purchase even before the property is constructed. This is because new home sellers in West Hill typically 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 used to new build conveyancing in West Hill or who has acted in the same development.
My cousin has urged me to use his conveyancers in West Hill. Should I choose my own conveyancer?
No doubt the ideal way to select a conveyancing lawyer is to seek feedback from friends or family who have actually previously instructed the firm that you are are thinking of instructing.