My property lawyer in Wealdstone has never been on on the Nottingham Building Society Conveyancing Panel. Is it possible for me to retain my family solicitor notwithstanding that they are excluded from the Nottingham Building Society panel?
The limited options open to you here include:
- Carry on with your preferred Wealdstone lawyers but Nottingham Building Society will need to use a solicitor on their panel. This will result in additional overall legal fees as well as cause frustration.
- Choose a new practitioner to to deal with the conveyancing, not forgetting to check they are on the Nottingham Building Society panel
I have been told that property searches are the main reason for obstruction in Wealdstone house deals. Is that correct?
The Council of Property Search Organisations (CoPSO) released findings of research by MoveWithUs that conveyancing searches do not figure amongst the common causes of delays in the conveyancing process. Searches are unlikely to feature in any delay in conveyancing in Wealdstone.
four months have elapsed following my purchase conveyancing in Wealdstone completed. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £160,000. 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 Wealdstone differ for newly converted properties?
Most buyers of new build property in Wealdstone contact us having been asked by the seller to exchange contracts and commit to the purchase even before the residence is finished. This is because developers in Wealdstone tend to 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 accustomed to new build conveyancing in Wealdstone or who has acted in the same development.
My husband and I are four weeks into a leasehold purchase having been directed to conveyancers by the high street agent to perform conveyancing in Wealdstone. I am am extremely frustrated with the quality of service. Could you you assist me in finding new conveyancers?
A solicitor would have to be very poor to suggest changing them. Has your mortgage been issued? If so you need to advise them of the new solicitor and ensure the offer are re-issued. The conveyancer needs to be on the mortgage company panel to avoid added fees and frustration. So that should be your starting point. The search tool should help you find a lender approved solicitor for your home move in Wealdstone