My wife and I are buying a brand new flat in Deptford and my conveyancer is advising me that she is duty bound to the bank to reveal incentives from the seller. I am nearing the developer’s deadline to exchange and my preference is not to prolong deal. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your solicitor. A precondition to being on a mortgage company panel is to comply with the UK Finance Lenders’ Handbook requirements. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
We are looking to buy a flat and need a conveyancing solicitor in Deptford 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 Deptford.
We're in Deptford, First time buyers buying with a mortgage (lender is Kent Reliance , and our solicitor is on the Kent Reliance conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Kent Reliance conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
I am assisting my mother sell her flat in Deptford. Will the conveyancing solicitor commission an energy performance certificate or it is for the owner to coordinate?
After the demise of Home Packs, energy assessments was kept a compulsory part of selling a property. An energy assessment should be commissioned prior to the property being placed on the market. This is not something that conveyancers ordinarily arrange. If you are instructing a Deptford conveyancing lawyer they might help arrange energy assessments given their contacts with reputable local assessors
I just bought a flat at auction in Deptford. Conveyancing is needed. What happens now?
Having legally committed yourself to purchase you will need to retain a conveyancing practitioner quickly as you now have a tight deadline in which to complete the deal. Every auction property will ordinarily have a corresponding auction pack. This should include most,if not all of the documents that your solicitor requires. In the case of leasehold premises the legal papers should include a copy of the lease, management information and a sellers leasehold information form and associated conveyancing documentation pertinent to leasehold premises. You should give this to the lawyer instructed by you ASAP. You also need to ensure that that you have the requisite funding in order to complete on the date specified in the contract.
Two weeks ago we had a mortgage agreed in principle with Skipton. Deptford conveyancing lawyers have been selected. How long does it take for Skipton to forward the offer to the solicitor?
There is no definitive answer here. Have Skipton conducted the survey? Have you informed Skipton as to your lawyers' details and checked that your lawyers are on the Skipton conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
I have been pointed in your direction by three or four local selling agents in Deptford to find a property lawyer on your site. What’s the financial upside for Estate Agents to promote your lawyers ahead of alternative conveyancing organisations?
We don’t make any commission for directing people in our direction. We thought it would be too underhand to pay a commission because a client could think, ‘Why is the agent getting a kickback? Why aren’t I receiving any benefit too?’ So we decided to step away from that.
My father-in-law has suggested that I appoint his lawyers for conveyancing in Deptford. Should I use them?
There are no two ways about it it’s preferable to choose a conveyancing lawyer is to have guidance from friends or relatives who have actually previously instructed the firm you're considering.