Finally the sale completed on my house in South London last January yet the purchaser is SMS messaging daily to say their solicitor needs to hear from mylawyer. What are the post completion sale legalities following completion?
After completion of your sale your solicitor is duty bound to deliver the transfer deeds and all supplemental paperwork to the purchaser's conveyancer. Depending on the transaction, your lawyer must also send confirmation that the home loan has been discharged to the buyers solicitors. There are no post completion tasks specific conveyancing in South London.
I am planning to acquire a property and require a conveyancing solicitor in South London who is on the Nottingham Building Society approved. 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 Nottingham Building Society in certain locations such as South London. We dont recommend any particular firm.
I am due to move home in October. Will my conveyancing solicitor call the removal company on the completion day. On a separate note, can you suggest a removal company in South London. Conveyancing firm was organised prior to coming across this website.
On the day of completion you can pick up the house keys from the property agent however this can only occur after the sellers lawyers confirm to the agent that the monies to complete are in and the keys can be passed over. Subsequently you will need to tell the removal men that they can start moving you in. As a matter of policy we do not suggest a specific removal organisation but can help you find a conveyancing in South London or a solicitor that specialises in conveyancing in South London.
When it comes to lenders such as Coventry BS, do South London conveyancing practitioners incur a fee to be on the conveyancing panel?
We are not aware of any bank fees to register on their panel, although some do levy an administration fee to deal with the processing of the conveyancing panel application.
I have instructed a South London conveyancing practitioner having checked that they are on the Principality conveyancing panel. Does my lawyer arrange the survey of the property?
Principality will need an independent valuation of the property. Your lawyer will not arrange this. Usually Principality 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 South London 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.
How does conveyancing in South London differ for new build properties?
Most buyers of new build property in South London approach us having been asked by the builder to exchange contracts and commit to the purchase even before the premises is completed. This is because developers in South London tend to buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in South London or who has acted in the same development.
How do I use the search tool to select a conveyancing practitioner in South London on the approved list for my lender?
Step one is to choose a lender such as HSBC Bank, Barnsley Building Society or Godiva Mortgages Ltd then specify your preferred area for example South London. Conveyancing firms in South London and further afield will then be shown.
My conveyancing in South London completes on Friday, however the couple I am buying from has asked to move out the next day at at 2pm. Can I accept this?
You can't complete on a Saturday because the bank systems are not operating.