I have given 2 months notice to my existing landlord and must be out of my rented apartment in New Malden by 3/1/2025. Conveyancing for my house purchase is underway. How realistic is it to complete in 5 weeks as don't want to have to move into temporary accommodation?
The normal practice is not to provide notice on a rental until you have exchanged. Assuming that you have not previously done so, notify to your solicitor and ask them to they seek the assistance the sellers solicitors, try to get a realistic time scale from them that all parties will work to achieve
What is the difference between a licensed conveyancer and conveyancing solicitor in New Malden
There are two types of lawyers who can perform conveyancing in New Malden namely CLC regulated conveyancers or solicitors. Both professionals handle the legal services that you need to complete the sale or purchase of property. They are both obliged to conduct New Malden conveyancing to the same standards and guidelines so you may be safe in the knowledge that your conveyancing will be properly administered and that all requirements and steps should be correctly adhered to.
When it comes to lenders such as TSB, do New Malden lawyers face an annual charge to be on the list of approved solicitors?
We are unaware of any mortgage company fees to be on their panel, although some do charge an administration charge to deal with the processing of the conveyancing panel application.
We have a mortgage agreed in principle with Santander. New Malden conveyancing lawyers were selected. What is the average time that one could expect to receive a mortgage offer from Santander?
Some lenders take longer than others. Have Santander completed the valuation? Have you informed Santander as to your lawyers' details and checked that your lawyers are on the Santander conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
The estate agent has sent us the confirmation of our purchase of a new build apartment in New Malden. 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 conveyancing.
Here are examples of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in New Malden
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There must be mutual enforceability of lessee’s covenants. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Please supply a car parking plan. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore.
I opted to have a survey carried out on a house in New Malden in advance of retaining conveyancers. I have been informed that there is a flying freehold overhang to the property. The surveyor advised that some banks may not grant a mortgage on this type of house.
It depends who your proposed lender is. Bank of Scotland has different instructions for example to Birmingham Midshires. Should you wish to telephone us we can check via the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in New Malden. Conveyancing may be slightly more expensive based on your lender's requirements.
I am 3 weeks into a residential purchase having been referred to conveyancers by the high street agent to handle our conveyancing in New Malden. I am am starting to be dissatisfied with the level of service. Could you you assist me in finding new solicitors?
They would need to be really poor to suggest changing them. Has your mortgage offer been issued? If so you must advise them of the new contact details and ensure the loan are re-issued. Your solicitor ideally should be on the mortgage company panel to avoid supplemental expenses and delays. That should be your first question of the new lawyers. The find a solicitor tool can assist you in finding a lender approved lawyer for your home move in New Malden
I happen to be an executor of my recently deceased aunt’s Will, with a property in New Malden which will be sold. The house is unregistered at HMLR and I'm advised that many EAs will insist that it is done before they'll move forward. What's the mechanism for this?
In the situation that you have set out it seems sensible to apply to register in the names of the personal representative(s) as named in the probate and in their capacity as PRs. The Land Registry’s online guidance explains how to register for the first time and what is required re the deeds and forms. You would need to include and official copy of the probate as well and complete the form FR1 to refer to the PRs as the applicant.