We are soon to exchange on the purchase of a property in Streatham but as a consequence of wreckage from the recent storms I have was able negotiate compensation from the current proprietors in the sum of six thousand pounds in the form of a deduction in the price. I had intended this to be addressed as part of a side agreement however Santander are not allowing this. Should they have been approached?
Your conveyancer being on a Santander approved list is obliged to advise Santander of any amendments to the sale price. If you were to refuse your conveyancing practitioner to notify the reduction to Santander then they would have to discontinue acting for you. In addition, Santander and you would have to appoint a new lawyer for your conveyancing in Streatham.
We note that you have a search directory listing solicitors on the Santander conveyancing panel. Do companies pay you a commission if I appoint them for our own conveyancing in Streatham?
We are a listing service only for law firms wishing to communicate if they are on the Santander conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Streatham.
The deeds to my home are lost. The conveyancers who dealt with the conveyancing in Streatham 5 years ago have long since closed. What are my next steps?
Assuming you have a registered title the details of your ownership will be evidenced by HMLR with a Title Number. It is easy to conduct a search at the Land Registry, locate your property and obtain up to date copies of the property title for less than a fiver. If the property is Leasehold then the Land Registry will in most cases hold a file duplicate of the Registered Lease and again, a copy can be obtained for a small fee.
Yesterday I discovered that there is a flying freehold issue on a house I put an offer in two weeks back in what should have been a simple, chain free conveyancing. Streatham is where the house is located. Is there any advice you can impart?
Flying freeholds in Streatham are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Streatham you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Streatham may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
In my capacity as executor for the estate of my grandfather I am selling a house in Newport but I am based in Streatham. My conveyancer (based 300 kilometers from meneeds me to sign a statutory declaration prior to the transaction finalising. Could you suggest a conveyancing solicitor in Streatham who can attest and place their company stamp on the document?
strictly speaking you are unlikely to need to have the documents witnessed by a conveyancing solicitor. Normally any notary public or qualified solicitor will be fine regardless of whether they are Streatham based
Do I stop the direct debit for my mortgage with HSBC as soon as a completion date for my sale in Streatham has been set?
No, you must continue paying any mortgage payments to HSBC pending the mortgage being discharged on completion as part of your Streatham conveyancing.