I have just been advised by my IFA that my Guildford solicitor is not on the lender Conveyancing panel. What can I do to check?
The first thing you need to do is to call your Guildford conveyancer. It is reasonable to expect your lawyer to notify you of the situation. Where they are not on the panel they may recommend you to a Guildford conveyancing firm that is on the conveyancing panel for your mortgage company.
When will exchange of contracts take place for purchase conveyancing in Guildford and do I need to attend the solicitors office?
Where you are near to one of the conveyancing solicitors in Guildford you are invited in to sign contracts. That being said, the law practices we work with offer a countrywide conveyancing service and give as equally diligent and professional a job for you when communicating with you digitally. The executing of the contract is not when everything is set in stone. Signing on the dotted line is necessary for the conveyancer to address the formalities at the suitable time, which is ordinarily shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where an extended "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Guildford)to be in the office available at the end of the phone to exchange contracts.
My house in Guildford is up for sale and I have a purchaser. Does the conveyancing practitioner need to be on the Virgin Money conveyancing panel in order to deal with paying off my mortgage?
Ordinarily, even if your lawyer is not on the Virgin Money conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their requirements fairly frequently currently.
I used Action Conveyancing a few years past for my conveyancing in Guildford. I now require my file but cannot find the solicitor. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Guildford of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I opted to have a survey carried out on a house in Guildford before instructing conveyancers. I have been informed that there is a flying freehold element to the property. My surveyor has said that some mortgage companies may not issue a loan on this type of home.
It varies from the lender to lender. Lloyds has different instructions for example to Halifax. If you e-mail us we can check with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Guildford. Conveyancing will be smoother if you use a solicitor in Guildford especially if they are acquainted with such properties in Guildford.
Is there a difference between surveying and conveyancing in Guildford?
Conveyancing - in Guildford or anywhere in England and Wales - is the legal term given to transferring legal title of property from one person to another. It therefore includes the investigation of the title. Whether buying or selling, you should be aware of anything affecting the property such as proposals by government departments, illegal buildings, or outstanding rates. The conveyancer should conduct the appropriate searches and inquiries on the property. Surveying relates to the structure of a property itself. A surveyor will look at a house, flat and any outbuildings you’re intending to buy and will help you find out about the condition of the building and, if there are problems, give you a powerful reason for reducing the price down or asking the seller to remedy the defects before you move in.