We see that you have a post code search directory listing firms on the HSBC conveyancing panel. Do firms pay you a commission if I appoint them for our own conveyancing in Clapham and Salph End?
We are a listing service only for law firms wishing to communicate if they are on the HSBC conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Clapham and Salph End.
I just acquired a property at auction in Clapham and Salph End. Conveyancing is needed. What is next?
Now that you are for in every practical sense signed on the dotted line you will need to retain a conveyancing practitioner quickly as you are facing a tight a fixed date to complete the transaction. All auction property will ordinarily have a bespoke legal pack. This will likely include the copy title deeds, local authority and drainage searches. In the case of leasehold property the legal papers should provide a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation pertinent to a leasehold property. You must give this to your appointed conveyancing solicitor as soon as possible. Do make sure that that you have the requisite funding organised to complete the transaction on the set completion date.
When it comes to lenders such as Nottingham, do Clapham and Salph End solicitors incur an annual charge to be on the list of approved solicitors?
We are unaware of any mortgage company fees to register on their panel, although some do levy an administration fee to deal with the processing of the conveyancing panel application.
We have agreed to purchase a house in Clapham and Salph End. A rare aspect is that the roof has a solar panel. Skipton have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As your lender is Skipton your lawyer must comply with the conveyancing requirements outlined in Section two of UK Finance Lenders’ Handbook for Skipton. The Council of Mortgage Lenders’ Handbook includes minimum requirements for solar panel roof-space leases, and property lawyers are required to report to Skipton where a lease does not comply with these requirements. The conditions relate to the installation of panels on properties nationwide and is not limited to Clapham and Salph End.
4 months have elapsed since my purchase conveyancing in Clapham and Salph End completed. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £170,000. 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 asset 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 Clapham and Salph End differ for new build properties?
Most buyers of new build or newly converted property in Clapham and Salph End come to us having been asked by the seller to sign contracts and commit to the purchase even before the residence is ready to move into. This is because house builders in Clapham and Salph End typically purchase the site, 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 conveyancers 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 Clapham and Salph End or who has acted in the same development.
I've recently found out that there is a flying freehold issue on a property I have offered on two weeks back in what was supposed to be a simple, no chain conveyancing. Clapham and Salph End is where the house is located. Can you offer any guidance?
Flying freeholds in Clapham and Salph End are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Clapham and Salph End you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Clapham and Salph End may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
How do I search for a Clapham and Salph End solicitor on the The Royal Bank of Scotland conveyancing panel? I am a keen cyclist and am prepared to travel upto 20kilometers to meet the lawyer.
Feel free to make use of the search on this page. Please choose the bank and your location and you will see a number of Clapham and Salph End conveyancing lawyers locally. We have detailed some Clapham and Salph End conveyancing firms towards the end of this page and you can ring them to see whether they are on the The Royal Bank of Scotland member panel