Having sold my house in Sunbury last July but the buyer keeps Skype messaging me to moan that their solicitor needs to hear from mine. What are the post completion sale formalities now that I have sold?
After completion of your disposal your lawyer should forward the transfer documentation and all supplemental paperwork to the purchaser's lawyers. Depending on the transaction, your conveyancer must also confirm that the mortgage has been paid off to the purchasers conveyancers. There are no post completion steps peculiar conveyancing in Sunbury.
We wanted to use a property lawyer in Sunbury for our house move. Our financial adviser informed us that our mortgage company TSB won't deal with them. Surely this is unfair competition?
A decade ago most mortgage companies had a different appetite for risk. Almost all Sunbury conveyancing firms would have been on many bank panels. The financial services regulator in 2010 conducted a thematic review into mortgage fraud which concluded: mortgage lenders should know the conveyancing solicitors dealt with. Consequently, mortgage companies have regularly sought more data from law firms relating to their operations and the individuals who work for them as well as establishing certain criteria such a completing on a minimum volume of transactions. Many Sunbury conveyancing firms that have been excluded from lender panels have Unblemished track record, no complaints and no claims and didn't just 'dabble' in conveyancing. Sunbury is one of the hundreds of areas where the lawyers we recommend are on the panel for TSB.
There are plenty of conveyancing solicitors in Sunbury but how do I know who's good?
We would encourage you not to base your choice on the cheapest Sunbury conveyancing fees. You really do get what you’re paying for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
When it comes to lenders such as Bank of Ireland, do Sunbury conveyancers face an annual charge to be on the conveyancing panel?
We are unaware of any mortgage company fees to register on their panel, although some do charge an administration fee to deal with the processing of the conveyancing panel submission.
I had an offer accepted on a property in Sunbury on 14/4/2025, valuation was booked 4 days after, all came back fine. Solicitor appointed, so all that was missing was my mortgage offer. Having made daily calls to HSBC and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the HSBC conveyancing panel. Are HSBC entitled to hold back the Mortgage pending the lawyer being on the approved list?
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for HSBC to deal with your lawyer's application to be on the HSBC conveyancing panel. There's no guarantee that your solicitor will be accepted.
How does conveyancing in Sunbury differ for new build properties?
Most buyers of new build or newly converted property in Sunbury come to us having been asked by the developer to sign contracts and commit to the purchase even before the house is built. This is because new home sellers in Sunbury usually purchase the land, 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 conveyancers 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 used to new build conveyancing in Sunbury or who has acted in the same development.
I've recently found out that there is a flying freehold element on a house I have offered on last month in what should have been a straight forward, no chain conveyancing. Sunbury is the location of the property. Can you offer any assistance?
Flying freeholds in Sunbury are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Sunbury 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 Sunbury may determine 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 what way does the Landlord & Tenant Act 1954 impact my business premises in Sunbury and how can you help?
The 1954 Act affords protection to commercial tenants, giving them the dueness to apply to court for a continuation of occupancy when the lease comes to an end. There are certain specified grounds where a landlord can refrain from granting a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. Sunbury is one of our numerous locations in which the firms we work with have offices