I do hope you can assist me. My Catford solicitor is advising me that he has toconduct Catford conveyancing searches asthe firm are on the Virgin Moneysolicitor panel. Do I not have a choice here?
You have limited options available to you. Given that you are taking out a loan with a bank your lawyer has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your solicitor would have previously signed the Terms and Conditions of your bank’s conveyancing panel appointment which obliges them to follow the Council of Mortgage Lenders’ Handbook requirements . Even if you were a cash buyer you would be ill advised not to carry out Catford conveyancing searches.
We are looking to buy a property and require a conveyancing solicitor in Catford who is on the Aldermore conveyancing panel. Can you recommend a local conveyancing 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 Aldermore . We don't recommend any particular firms conducting conveyancing in Catford.
I have been told that property searches are the main cause of stalling in Catford house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) published findings of research by MoveWithUs that conveyancing searches do not figure amongst the common causes of delays during the legal transfer of property. Searches are not likely to feature in any slowing down conveyancing in Catford.
How does conveyancing in Catford differ for new build properties?
Most buyers of new build or newly converted property in Catford approach us having been asked by the seller to sign contracts and commit to the purchase even before the house is built. This is because developers in Catford usually 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 property lawyers 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 Catford or who has acted in the same development.
What does commercial conveyancing in Catford cover?
Commercial conveyancing in Catford covers a wide range of guidance, supplied by regulated solicitors, relating to business property. For instance, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.
My mortgage broker has suggested using their solicitor for the conveyancing in Catford - won’t it be easier to just use them?
It is not always the case and you are entitled to opt for whichever conveyancing practitioner of your choosing for your Catford home move. The solicitor recommended by a 3rd party adviser may not necessarily be the right conveyancer, they may suggest their own conveyancing firm who are based remotely. In this instance you may not have contact with your property lawyer and due to the lack of continuity in the transaction, it may be difficult to obtain progress reports.