All was ready to move into my new home in New Malden next Thursday. My property lawyer now wants me to supply her with evidence of content and building insurance for the property as he says that he has to check this in his capacity as lawyer for the mortgage company. What risks does the lender expect the insurance to cover?
All property lawyers on acting for lenders would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s UK Finance Lenders’ Handbook conditions. These requirements are not limited to conveyancing in New Malden.
Can I use your services to locate a Conveyancing solicitor in New Malden even where I’m not purchasing or selling a house, for example if I wish to buy a shop in New Malden with a loan from Santander?
The service is predominantly utilised to find residential conveyancing solicitors in New Malden but we have recorded at the end of this page a few New Malden commercial conveyancing firms. You will need to make contact with the company directly to establish if they can also act for Santander
My Solicitor in New Malden is not on the Clydesdale Solicitor Panel. Can I still retain my prefered solicitor even though they are not on the Clydesdale list of approved lawyers?
Your options are as follows:
- Complete the purchase with your existing New Malden solicitors but Clydesdale will need to instruct a conveyancer on their panel. This will result in additional total conveyancing fees and result in frustration.
- Get a new practitioner to act in the conveyancing, obviously checking they are Clydesdale approved.
- Try to convince your Clydesdale based solicitor to attempt to join the Clydesdale panel
What is your number one tip for choosing a conveyancing solicitor in New Malden
It would be unwise to be swayed by the lowest New Malden conveyancing quote. You really do get what you pay for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in advance.
Forgive me if this question is silly but I am wet behind the ears as a first time purchaser of a ground floor flat in New Malden. Do I pick up the keys to the house on completion from my solicitor? If this is the case, I will use a local conveyancing solicitor in New Malden?
On the day of completion you will not be required to attend the conveyancers office in New Malden. Your solicitors will transfer the completion advance to the seller's solicitors, and shortly after the monies have arrived, you should be invited to receive the keys from the property Agents and start moving into the property. This tends to happen early afternoon.
I am aiming to move property in January. Should my conveyancing solicitor communicate with the removal company on the completion day. As an aside, can you suggest a removal company in New Malden. Conveyancing solicitor was chosen prior to coming across your site.
On the day of completion you can pick up the house keys from your selling agent but this can only occur once the previous owners lawyers confirm to the agent that the monies to complete are in and the keys can be released. You can tell the removal company that they can start moving you in. As a matter of policy we do not recommend a particular removal company but can help you find a residential property solicitor in New Malden or a firm with expertise in conveyancing in New Malden.
I completed on my home on 10 August and the transaction details are still not on the land registry website. Any reason for this? My conveyancing solicitor in New Malden said it will be dealt with in a couple of weeks. Are transfers in New Malden uniquely lengthy to register?
There is nothing unique about conveyancing in New Malden registration formalities. Rather than based on location, timescales can adjust according to the party submitting the application, whether it is in order and whether the Land registry must send notices to any interested parties. As of today approximately three quarters of submission are completed in less than three weeks but some can be subject to longer hold-ups. Registration is effected once the buyer has moved in to the premises therefore an expedited registration is not always primary concern but if it is urgent that the the registration takes place urgently then you or your conveyancer could contact the land registry and explain the circumstances.
The estate agent has sent us the confirmation of our purchase of a new build flat 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 legal work.
Set out below is a sample of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in New Malden
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Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. There must be mutual enforceability of lessee’s covenants. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided.