Can the conveyancing practitioners that are recommend execute auction conveyancing in Egham?
We know of a few auction practitioners we can put you in touch with those specialising in auction conveyancing. Egham is just one of hundreds of areas of in which our lawyers are based.
Completed the sale of my flat in Egham last September yet the purchaser is texting daily to say her conveyancer needs to hear from mine. What should my lawyer have done following completion?
After completion of your house sale your solicitor should send the transfer documentation and all supplemental paperwork to the buyer’s solicitors. If applicable, your conveyancer must also send confirmation that the home loan has been redeemed to the purchasers solicitors. There is unlikely to be post completion steps just for conveyancing in Egham.
Can you clarify what the consequences are if my lawyer’s firm is removed from the Coventry BS Solicitor panel ahead of completing my conveyancing in Egham?
First, this is a very rare occurrence. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit at a cost.
is it true that all Egham solicitor firms on the Clydesdale conveyancing panel are regulated by the SRA?
As solicitors, in order to be on the Clydesdale conveyancing panel they would need to be overseen by the SRA. Many lenders do allow licenced conveyancers on their panel in which case such practice would be regulated by the CLC.
My wife and I are in the throws of looking at apartments in Egham and I am about to put in an offer. Is it premature to have a solicitor in place? I am planning to take a home loan with UBS.
You should start requesting conveyancing quotes from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their details on to the selling agent. As you are seeking a mortgage with UBS, ask your prospective lawyers if they are on the UBS conveyancing panel otherwise they can't do the mortgage legal work.
My sealed bid on a house in Egham has been agreed to, the owners do however have a tied purchase. The owners have placed an offer on a property, but it’s not yet tied up, and have viewings of other flats in the pipeline. I have instructed a nearby conveyancing solicitor in Egham. What should be my next step? At what stage do I apply for the mortgage with Lloyds?
It is normal to have concerns where there is a chain as you are unlikely to want to incur expenses prematurely (mortgage application is approx £1k, then valuation, Egham conveyancing search costs, etc). First, you should ensure that your property lawyer is on the Lloyds approved list. As to the next stages this very much dictated by the circumstances of your transaction, attraction to the property and on the state of the market. In a buoyant market some purchasers would apply for a home loan with Lloyds and pay for the valuation and only if it comes back ok would they request their lawyer to move forward with searches.
I am looking for a leasehold apartment up to £195,000 and found one close by in Egham I like with open areas and station nearby, however it only has 51 years unexpired on the lease. I can't really find anything else in Egham for this price, so just wondered if I would be making a grave error acquiring a lease with such few years left?
Should you require a home loan that many years will be a potential deal breaker. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the current owner has owned the property for a minimum of twenty four months you can request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this matter.
What does commercial conveyancing in Egham cover?
Commercial conveyancing in Egham covers a wide array of services, offered by qualified solicitors, relating to business property. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.