I am in a contract race with another buyer for a property in South Norwood. What can I do to speed up matters?
In a situation where you are under a tight deadline for your conveyancing it is advisable to make sure that your solicitor is familiar with the area as they will make use of local connections and know-how. It is possible that they could have transacted previousproperties in the same road. You would be best advised to use a South Norwood conveyancing solicitor. In addition, be sure that the lawyer is on the lender panel. It is said that 18% of South Norwood conveyancing transactions are held up or derailed after discovering a purchaser’s solicitor was not on their mortgage lender’s panel. In many cases this discovery resulted in the conveyancing being held up by almost three weeks. It is estimated that this issue impacts in the region of one hundred thousand home sales annually. Most South Norwood conveyancing firms can not act for certain mortgage companies so do check at the outset.
Should commercial conveyancing searches disclose impending roadworks that may affect a commercial property in South Norwood?
Its becoming the norm that commercial conveyancing solicitors in South Norwood will order a SiteSolutions Highways report as it dramatically cuts the time that conveyancers spend in looking into accurate data on highways that impact buildings and development assets in South Norwood. The report provides 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 Norwood.
For every commercial conveyancing transaction in South Norwood it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately may result in delays to South Norwood commercial conveyancing deals as well as pose a risk to future intentions for the site. These searches are not carried out for residential conveyancing in South Norwood.
I used Stirling Law a few years ago for my conveyancing in South Norwood. Now, I need my files but cannot find the solicitor. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to assist in tracking down 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 South Norwood of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Due to the input of my in-laws I had a survey completed on a property in South Norwood prior to appointing conveyancers. I have been informed that there is a flying freehold element to the house. The surveyor advised that some banks tend refuse to give a mortgage on such a home.
It varies from the lender to lender. Lloyds has different instructions for example to Nationwide. Should you wish to call us we can look into this further via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in South Norwood. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in South Norwood to see if the conveyancing costs will increase in light of this.
I have been pointed in your direction by a few estate agents in South Norwood to select a property lawyer on your site. Is there a financial incentive for Estate Agents to recommend your site rather than alternative conveyancing organisations?
We don’t give any commission for sending work our way. We found it would be just too difficult to pay a commission as home movers will think, ‘Why is the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.
My husband and I are novice buyers - agreed a price, yet the selling agent has warned us that the vendor will only proceed if we instruct the agent's preferred conveyancers as they are insisting on an ‘expedited deal’. My instinct tells me that we should use a high street solicitor with experience of conveyancing in South Norwood
We suspect that the owner is not behind this ultimatum. If they require ‘a quick sale', turning down a genuine buyer is is going to put the whole deal at risk. Contact the sellers directly and make the point that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you are unencumbered (d) you intend to proceed fast (e)but you are going to use your preferred South Norwood conveyancing firm - as opposed tothe ones that will earn their estate agent a commission or meet his conveyancing targets demanded by senior management.