My fiance and I are looking to buy a property in East Sheen and are in fact using a East Sheen conveyancing firm. Within the past 48 hours our property lawyer has forwarded the sale agreement to be signed with a detailed report with a view to exchanging next week. The Royal Bank of Scotland have this evening contacted us to inform me that there is now an issue as our East Sheen conveyancer is not on their conveyancing panel. Is this a problem?
Where you are buying a property requiring a mortgage it is usual for the purchasers' lawyers to also represent the purchaser's lender. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Accreditation Scheme. Your property lawyer should contact your mortgage company and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own solicitors to act. You don't have to instruct a firm on the bank's conveyancing panel and you may continue to use your own East Sheen solicitors, in which case your legal fees may increase, and it may delay matters as you are adding another lawyer into the mix.
My lawyer in East Sheen is not on the Bank of Ireland Conveyancing Panel. Is it possible for me to retain my family solicitor notwithstanding that they are not on the Bank of Ireland approved list?
The limited options available to you here include:
- Complete the purchase with your existing East Sheen solicitors but Bank of Ireland will need to instruct a solicitor on their list of acceptable firms. This will result in additional overall conveyancing charges and result in delays.
- Find a new solicitor to to deal with the purchase, remembering to check they are Convince your lawyer to use their best endeavours to join the Bank of Ireland conveyancing panel
We are buying a house in East Sheen. It might be a silly question but how we can trust a conveyancer? On completion day we will need to send funds into their account. What is the protection we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I am buying a 4 bedroom semi-detached house in East Sheen. The intention is to convert the garage to a playroom at the house.Will the conveyancing process include enquiries to determine if these works were previously refused?
Your property lawyer will check the deeds as conveyancing in East Sheen can sometimes identify restrictions in the title deeds which restrict certain works or need the permission of another owner. Certain extensions call for local authority planning permissions and approval under the building regulations. Some areas are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. You should check these issues with a surveyor prior to committing yourself to a purchase.
Does a directory service exist listing Clydesdale panel solicitors in East Sheen on the UK Finance Lenders’ Handbook Website?
Unfortunately not yet. There is no such directory service on the Council of Mortgage Lenders or Building Society Association websites. Very few lenders make their panel listings available on the web. If you are looking for a East Sheen lawyer on the Clydesdale please use our tool.
About to purchase a new build flat in East Sheen. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below are examples of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in East Sheen
-
Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please confirm the Lease plans are architect prepared. Please supply evidence that the form of Lease proposed has been approved by the Land Registry.
As co-executor for the will of my father I am disposing of a property in Monmouth but reside in East Sheen. My conveyancer (based 300 miles awayneeds me to sign a statutory declaration ahead of completion. Could you suggest a conveyancing lawyer in East Sheen to attest and place their company stamp on the document?
strictly speaking you are unlikely to need to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will do regardless of whether they are located in East Sheen
There are numerous houses in East Sheen on unadopted lanes. I am purchasing such a house. Are there any benefits to purchasing a house on a privately owned road?
East Sheen conveyancing lawyers are familiar with transacting houseson private. Your solicitor will investigate title to identify any rights or responsibilities. In many cases there is a residents association that owners pay into to maintain the road. If there is one, the road should be maintained and look better than publicly owned.