At what point can the exchange of contracts happen for sale conveyancing in South Acton and do I need to be at the lawyers office?
Where you are local to one of the conveyancing solicitors in South Acton you are invited in to sign documents. That being said, the law practices we work with provide countrywide coverage for conveyancing and give as equally diligent and professional a job for you when dealing with you digitally. The executing of the contract is not the critical part. A signed contract simply enables the solicitor to officially exchange when the time is right, which is ordinarily shortly after signing. The procedure is nowadays normally dealt with by telephone and can be very rapid, although where a lengthy "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in South Acton)to be in the office available at the end of the phone to exchange contracts.
Our lender has suggested a law firm on their panel based in South Acton but I would rather choose a conveyancing lawyer in South Acton round the corner to me. Are you able to help?
Far from all South Acton conveyancing practices are on all lender’s conveyancing panel. Do make the most of our search tool to locate a South Acton conveyancing conveyancer on the on the lender panel.
Do commercial conveyancing searches reveal proposed roadworks that may affect a commercial land in South Acton?
Its becoming the norm that commercial conveyancing solicitors in South Acton will perform a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in investigating accurate data on highways that impact buildings and development assets in South Acton. The report sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in South Acton.
For every commercial conveyancing transaction in South Acton it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately could cause delays to South Acton commercial conveyancing transactions as well as pose a risk to future intentions for the site. These searches are not ordered for domestic conveyancing in South Acton.
I opted to have a survey carried out on a house in South Acton ahead of instructing conveyancers. I have been informed that there is a flying freehold aspect to the property. My surveyor advised that some lenders may not grant a loan on a flying freehold premises.
It depends who your proposed lender is. HSBC has different requirements for example to Birmingham Midshires. If you call us we can check via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in South Acton. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in South Acton to see if the conveyancing costs will increase in light of this.
We are 17 days into a freehold purchase having been recommend to a firm by the estate agent to carry out the conveyancing in South Acton. We are not happy. Can you help me find new conveyancers?
A solicitor would have to be really poor in order to consider changing them. Has the loan offer been issued? If so you will need to advise them of the new lawyer and ensure the loan are re-issued. The solicitor ideally should be on the banks approved list to avoid supplemental charges and delays. So that should be your starting point. The search tool should assist you in finding a lender approved solicitor for your home move in South Acton
My 20yr old son is about to join the property ladder, he had his mortgage in principle. When the seller agreed the offer on the house we telephoned the mortgage institution to progress the mortgage application. We were disappointed to learn that banks do not accept all solicitor, they must be on their panel, is this right?
Banks normally restrict either the type or the number of conveyancing firms on their panel. Typical examples of such restriction(s) being that a firm must have two or more partners. In addition to restricting the type of firm, some have decided to limit the number of firms they use to represent them. You should note that banks have no responsibility for the quality of advice provided by any South Acton conveyancing practitioner on their panel. Mortgage fraud was a key driver in the rationalisation of conveyancing panels a few years ago and whilst there are differing views about the extent of solicitor involvement in some of that fraud. Statistics from the Land Registry reveal that thousands of law firms only carry out one or two conveyances a year. Those supporting conveyancing panel cuts ask why law firms should have the right to be on a Lender panel when clearly, conveyancing is not their speciality. To put it another way; would you want a conveyancing solicitor to represent you if you were charged with a crime? Unlikely.