My partner and I are buying a maisonette in Isleworth. My property lawyer is not listed on the mortgage company conveyancing panel. Am I still permitted to appoint my Isleworth conveyancing solicitor notwithstanding that they are not on the bank panel?
You must use a property lawyer to deal with the legal work required if you require a mortgage to buy your home. The solicitor will carry out all the necessary investigations on the property, ensuring that you will be registered as proprietor and ensure that all the necessary mortgage documentation is dealt with. You may appoint a Isleworth conveyancing practitioner of your choosing. Nevertheless, if the lawyer selected is not on the bank approved list supplemental fees will be incurred as separate legal representation will be required by them. Conveyancing panel applications can be submitted, so provided your conveyancer has not in the past applied for membership they can do so.
My husband and I are buying a new build apartment in Isleworth and my solicitor is advising me that she is duty bound to the lender to reveal incentives from the seller. I am under pressure to exchange and I have no desire to prolong matters. Is my lawyer right?
You should not exchange unless you have been advised to do so by your conveyancing practitioner. A precondition to being on a lender panel is to comply with the UK Finance Lenders’ Handbook provisions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
Finally the sale completed on my house in Isleworth last May but the buyer keeps e-mailing every few hours to say his conveyancer is waiting to hear from mysolicitor. What should my lawyer have done following completion?
Following your disposal your conveyancer should deliver the transfer deeds and all of the paperwork to the buyer’s lawyers. Depending on the transaction, your solicitor should also confirm that the home loan has been repaid to the purchasers solicitors. There are no post completion requirements unique to conveyancing in Isleworth.
I have an AIP. The bank mentioned the loan came with free conveyancing. Does this mean I have to instruct their panel solicitor as I would much rather use a Isleworth based conveyancing firm?
You should check but the chances are that appoint one of their panel conveyancers where you want the "fee-free" offer. Contact the lender to check if they allow a cash alternative. Some mortgage companies have previously offered a £250 cashback as a further option in which case you could put that amount towards the cost for your conveyancing solicitor in Isleworth.
I used Wolstenholmes a few years past for my conveyancing in Isleworth. I now require my papers but the law firm has closed. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to assist in tracing 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 Isleworth of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Due to the guidance of my in-laws I had a survey completed on a property in Isleworth prior to appointing lawyers. I have been informed that there is a flying freehold element to the house. The surveyor advised that some banks may not grant a mortgage on this type of premises.
It varies from the lender to lender. Santander has different instructions for example to Halifax. If you contact us we can investigate further via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Isleworth. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Isleworth to see if the conveyancing will be more expensive.