I am in a contract race with another prospective purchaser for a property in Orpington. What can I do to expedite the conveyancing process?
First, If the seller is applying time constraints to complete it is advisable to make sure that your conveyancer is familiar with the area as they will have local connections and knowledge. It is possible that they would have handled otherhouses in the same neighbourhood. Therefore consider using a Orpington conveyancing firm. In addition, make sure that the conveyancing firm is on the on the approved list for your mortgage company. It is estimated that 18% of Orpington conveyancing transactions are frustrated or derailed after finding out that a purchaser’s lawyer was not on their mortgage lender’s member panel. This can often result in the conveyancing being held up by almost 21 days. It is estimated that this issue affects approximately 100,000 home moves annually. Most Orpington conveyancing practices can not represent certain mortgage companies so do check at the outset.
As someone with no idea as to conveyancing in Orpington what’s the number one tip you can give me for the legal transfer of property in Orpington
You may not hear this from too many lawyers but conveyancing in Orpington and elsewhere in South East London is often a confrontational process. Put another way, when it comes to conveyancing there is plenty of opportunity for confrontation between you and others involved in the transaction. For example, the vendor, property agent and sometimes your bank. Selecting a solicitor for your conveyancing in Orpington is a critical decision as your conveyancer is your adviser, and is the ONE person in the process whose responsibility is to protect your best interests and to keep you safe.
There is a worrying ongoing adversarial element to conveyancing- someone must be blamed for the process taking so long. We recommend that you should always trust your lawyer ahead of all other parties when it comes to the legal transfer of property.
My wife and I are buying a house in Orpington. I might seem paranoid but how we can trust a lawyer? On completion day we will need to put funds into their account. What is the protection we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
There is lots of here concerning conveyancing in Orpington but can you isolate your top tip for selecting the right conveyancer in Orpington
It would be unwise to be tempted by the cheapest Orpington conveyancing costs illustration. You really do get what you’re paying 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 ahead of the deal.
is it true that all Orpington solicitor practices on the Santander conveyancing panel are overseen by the Solicitors Regulatory Authority?
As solicitors, in order to be on the Santander conveyancing panel they would need to be regulated by the SRA. Some lenders do list licenced conveyancers on their panel in which case such organisation would be regulated by the Council of Licensed Conveyancers.
I used Action Conveyancing a few years past for my conveyancing in Orpington. Now, I need my files but the law firm has closed. 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 Orpington of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Over the last few months I have been searching for a flat up to £195,000 and found one round the corner in Orpington I like with open areas and station nearby, however it only has 52 remaining years left on the lease. There is not much else in Orpington suitable, so just wondered if I would be making a grave error buying a short lease?
If you need a mortgage the remaining unexpired lease term will be problematic. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the existing owner has owned the premises for at least twenty four months you can ask them to start the process of the extension and then assign it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer about this matter.
I have been sourcing a conveyancing practitioner in Orpington for my home move. Is there any facility to review a firm’s complaints history with the profession’s regulator?
One can search for presented Solicitor Regulator Association (SRA) determinations stemming from inquisitions started on or after 1 January 2008. Go to Check a solicitor's record. For information about the period before 1 January 2008, or to check a firm's history, phone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, call +44 (0)121 329 6800. The SRA sometimes monitor telephone calls for training requirements.