Why do I have to pay up front for conveyancing in Neasden?
Where you are retaining lawyers for conveyancing in Neasden your lawyer will ask you place them with funds to cover the search fees. Generally this is needed to cover the fees of the conveyancing searches. If any deposit is as part of the purchase price then this should be required shortly prior to exchange of contracts. The final balance that is needed should be transferred shortly before completion.
Is there a search tool that I can use to discover of the solicitor handling my conveyancing in Neasden is on the mortgage lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for thus paying £175.00 in further legal charges.
Please do take advantage of the search tool on this site. Please choose the lender and type ‘Neasden’ or your location and you will see numerous solicitors offices in Neasden or nearest you.
How does conveyancing in Neasden differ for newly converted properties?
Most buyers of new build or newly converted property in Neasden contact us having been asked by the seller to exchange contracts and commit to the purchase even before the house is finished. This is because developers in Neasden tend to buy 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 Neasden or who has acted in the same development.