Me and my partner are acquiring a flat in Sydenham. My Conveyancer is not listed on the mortgage company approved list. Can I still use my Sydenham conveyancing solicitor notwithstanding that they are not on the bank approved list?
Various options include
- Proceed with your existing Sydenham conveyancing practitioner but your bank will need to appoint a conveyancer on their approved list. This will result in additional cost and probable frustration.
- Appoint a new conveyancing practitioner to act in the purchase, ensuring that they are on the lender conveyancing panel.
- Appeal to your property lawyer to seek to join the mortgage company panel
When it comes to mortgage companies such as Bank of Ireland, do Sydenham property lawyers incur an annual charge to be on the conveyancing panel?
We are not aware of any lender fees to be on their panel, although some do levy an administration fee to deal with the processing of the conveyancing panel submission.
I have paid off my mortgage with Bank of Ireland. I assume I don't need a Sydenham property lawyer on the Bank of Ireland panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Bank of Ireland mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Bank of Ireland mortgage from the register. Bank of Ireland, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Bank of Ireland has sent the Land Registry the discharge electronically, and
- Bank of Ireland has instructed the Land Registry to do so
I am currently in the process of buying my council flat in Sydenham. I have a mortgage agreed with Clydesdale. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Clydesdale, you will need to appoint a solicitor on the Clydesdale conveyancing panel.
I used Stirling Law several years ago for my conveyancing in Sydenham. Now, I need my documents however the law firm has closed. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to help locate 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 Sydenham 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 encouragement of my in-laws I had a survey completed on a house in Sydenham prior to appointing lawyers. I have been advised that there is a flying freehold aspect to the property. My surveyor advised that some lenders tend not issue a loan on this type of house.
It varies from the lender to lender. Bank of Scotland has different instructions from Birmingham Midshires. If you contact us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Sydenham. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Sydenham to see if the conveyancing will be more expensive.
What does commercial conveyancing in Sydenham cover?
Sydenham conveyancing for business premises incorporates a wide range of guidance, supplied by regulated solicitors, relating to business premises. For instance, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.
Me and my husband accepted an offer on a Sydenham flat left to us six years ago in 2012. I have over a decades worth of conveyancing experience and, although retired, intend to conduct my own conveyancing. The purchaser's property lawyer has informed me that their Lenders will not allow you to do your own conveyancing requiring the funds to be released via a solicitor's bank account.
Mortgage instructions to solicitors from all mainstream lenders specify that If the seller is not legally represented the borrower's lawyers should check whether the mortgage company needs to be informed so that a decision can be made as to whether they are prepared to proceed.