Halifax is our mortgage lender, what will I need to consider?
Buyers in Stonebridge Park should consider that, in some cases, lenders have reduced their 'solicitor panel'. This can mean higher conveyancing costs for property purchasers. Homeward Legal, though, are able to act for most CML-approved lenders, ensuring that an additional conveyancer will not be required to act for your lender.
For fast conveyancing on the purchase of a £452k home, how can we speed things up?
Most importantly, instructing a experienced property lawyer is the key to a fast conveyancing transaction. Additionally, there are numerous things you can also do to speed up your conveyancing. These include:
- promptly completing and return any forms
- getting your mortgage offer in place
- pushing the property lawyer to begin enquiries as soon as possible
How do I hold off paying out for stamp duty?
We do not recommend buyers undertake any stamp duty scheme, as such schemes are expensive and unreliable. There have been several government initiatives, however, such as disadvantaged area relief. You will be able to confirm your eligibility for any such active initiatives with your solicitor..
Does a Stonebridge Park conveyancer get any conveyancing searches on the London Regency end-of-terrace building I am purchasing
If you are taking out a mortgage, your lender requires you to a specified set of searches, including the following Local Authority Search, Drainage and Water Search (CON29DW or personal) and Environment Search and, depending on certain criteria, unique particular for instance Planning.
Are Stonebridge Park any areas of conservation going to impact the residence we are buying?
These areas detail streets and neighbourhoods of historic or architectural significance. The local council will advise further about local conservation areas, and the solicitor handling your purchase will discuss the relevant responsibilities you would be taking on by purchasing in a conservation area.
Is there a checklist for buyers or sellers helping to decide what’s most important?
The process of buying and selling is a complex one, so it’s helpful for your research to have checklists to ensure nothing is forgotten. There are several online resources with checklists for individual aspects of the moving process, including what to consider as a first-time buyer, help to buy schemes, removals, speeding up conveyancing and so on.
When it comes to deciding what you want for your new home to help you narrow down the choice of locations and types of property available, this is largely down to personal choice, so a standardised checklist might limit your requirements. You can talk to an estate agent about what you want as they will have the experience to narrow down your options. However, you need to consider the size of the property (number of rooms, bathroom facilities, bedrooms, etc.), size of garden, proximity to public transport links, noise, entertainment options (e.g. cinema, pub, eateries, etc.), access to off-road parking, schools, speed of broadband, and so on. Consider making a list of what the property must have and an associated wish list so that likely compromises can be made.
The estate agent has referred the property lawyer whom they usually use. Do I need to instruct this firm?
It is common for estate agents to recommend a solicitor. However, if they are paid a referral fee, the agent may prefer to suggest the firm which pays to the largest referral fee, not the best solicitor for your needs.