In scouring consumer advice sites for an affordable solicitor in Dollis Hill, many post that I must instruct a CQS accredited solicitor. What is CQS?
The Law Society's Conveyancing Quality Scheme is the recognised quality mark for legal experts in buying or selling property, trusted by some of the UK's major mortgage companies. In 2011-12 the Conveyancing Quality Scheme was officially recognised by the Building Societies Association (BSA). CQS is not a scheme offered by the Society for Licensed Conveyancers. Dollis Hill is one of the numerous areas in England and Wales where there are Accredited solicitors.
Me and my partner are buying a house in Dollis Hill. I might seem paranoid but how we can trust a conveyancer? At some point we will need to deposit funds into their account. What protection do we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
We were going to get a DIP from HSBC this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do HSBC recommend any Dollis Hill solicitors on the HSBC conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Dollis Hill solicitors independently although you'll need to choose one on the HSBC conveyancing panel. The solicitor represents both you and HSBC through the process.
I was told two weeks ago that my mortgage has been agreed to by Aldermore. Is it usual for Aldermore to only issue the offer once my solicitor in Dollis Hill is approved on their conveyancing panel? Aldermore have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Aldermore to deal with your lawyer's application to be on the Aldermore conveyancing panel. There's no guarantee that your solicitor will be accepted.
How does conveyancing in Dollis Hill differ for new build properties?
Most buyers of new build residence in Dollis Hill come to us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the house is completed. This is because new home sellers in Dollis Hill typically buy 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 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 accustomed to new build conveyancing in Dollis Hill or who has acted in the same development.
I am looking for a flat up to £245,000 and identified one near me in Dollis Hill I like with open areas and station in the vicinity, however it only has 52 years unexpired on the lease. I can't really find anything else in Dollis Hill suitable, so just wondered if I would be making a grave error acquiring a lease with such few years left?
If you need a mortgage the remaining unexpired lease term will likely be a potential deal breaker. Discount the price by the anticipated lease extension will cost if it has not already been discounted. If the current owner has owned the property for a minimum of twenty four months you could ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should speak to your conveyancing solicitor about this matter.
My brother-in-law has suggested I instruct a conveyancing solicitor in Dollis Hill. I need to find out if they are on the lender's conveyancing panel. Could you help?
One option is to contact the lawyer to check if they are on the lender's approved list. If that does not help call us and we can investigate and revert. If they are not on the bank panel we we can help find a reputable conveyancing solicitor in Dollis Hill on the panel for your lender.