I am under pressure from the seller of a property in Osterley to complete within four weeks. What can I do to speed up matters?
First, If the seller is applying pressure for your conveyancing it is advisable to make sure that your conveyancer is familiar with the location as they will make use of local relationships and knowledge. It is possible that they may have transacted otherhomes in the same road. You would be best advised to use a Osterley conveyancing lawyer. Second, be sure that the conveyancing firm is on the lender panel. It is understood that just under twenty per cent of Osterley conveyancing transactions are suspended or jeopardised after finding out that a purchaser’s solicitor was not on their mortgage lender’s panel. This can often result in the legal process being held up by as much as three weeks. It is understood that this issue affects in the region of 100,000 home sales annually. Most Osterley conveyancing firms can not act for certain lenders so do check as early as possible.
We are purchasing a house and require a conveyancing solicitor in Osterley who is on the Leeds Building Society approved panel. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Leeds Building Society . We don't recommend any particular firms conducting conveyancing in Osterley.
I am planning to acquire a flat and need a conveyancing solicitor in Osterley who is on the Nationwide Building Society conveyancing. Could you point me in the right direction as regards a conveyancing firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Nationwide Building Society in certain locations such as Osterley. We dont recommend any particular firm.
We were going to get a DIP from Co-operative this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Co-operative recommend any Osterley solicitors on the Co-operative conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Osterley solicitors independently although you'll need to choose one on the Co-operative conveyancing panel. The solicitor represents both you and Co-operative through the process.
I am due to exchange contracts on my flat. I had a double glazing fitted in November 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, Principality are being problematic. The Osterley solicitor who is on the Principality conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Principality are requiring a building regulation certificate. Why do Principality have a conveyancing panel if they don't accept advice from them?
It is probably the case that Principality have referred the matter to their valuer. The reason why Principality may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I've read lots of house buying guides, I note that they all recommend that you should get your house surveyed prior to buying it. When I asked my local Osterley solicitor - who is on the TSB conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
TSB will need an independent valuation of the property. Your lawyer will not arrange this. Usually TSB will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Osterley surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
Just had an offer accepted on a new build flat in Osterley. 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.
Here is a sample of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Osterley
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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. Please supply a car parking plan. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?
Is it true that a Osterley conveyancing practice has court proceedings brought against them by a client for failing to conduct the right conveyancing searches?
Our attention has not be brought to such a Osterley conveyancing matter but it has been reported that, a couple buying a house in Cumbria successfully won a claim against their conveyancing practitioner as a consequence of development permission to build a wind farm not being identified in conveyancing searches.
Where you are thinking of buying a home in Osterley It is essential that your lawyer carry out all Osterley conveyancing searches required making sure that you have relevant and up to date information ahead of acquiring a property.