We are purchasing a property in Thames View. It might be a silly question but how we can trust a conveyancer? On the day of competition we have to deposit money into their account. What protection do we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
We previously selected solicitors locally in Thames View on the Santander solicitor panel. They have just billed me an additional charge for handling the Santander mortgage. Is this an additional conveyancing fee set by Santander?
As unfair as it may appear, as long as it’s in their Terms and Conditions or estimate then yes your conveyancer may charge a fee for this. This charge is not dictated by Santander but by your Thames View conveyancing practitioner. Plenty of firms on the Santander panel will charge an ‘acting for lender’ fee but many firms incorporate it on their overall fee.
After months of negotiation I have agreed a price on an apartment in Thames View. My financial adviser pressured me to appoint their solicitor. I paid an upfront payment of £175. A couple of days later, the property lawyer called me to say that they were not on the Clydesdale conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Clydesdale panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Just bought a detached house in Thames View , how long should it take for the Land Registry to record my ownership? My Thames View conveyancing solicitor works at snail pace, so I want to be sure that my name is recorded.
As far as conveyancing in Thames View registration is no quicker or slower than anywhere else in England and Wales. Rather than based on location, timeframes can differ according to who lodges the application, whether it is in order and whether the Land registry have to notify any 3rd persons or bodies. At present roughly 80% of submission are fully addressed in less than three weeks but some can be subject to longer delays. Historically registration occurs after the new owner is living at the premises thus registration formalities is not typically an essential issue but if there is a degree of urgency associated with the registration then you or your solicitor can communicate with the Registry to express the reasoning for an expedited registration.
How does conveyancing in Thames View differ for new build properties?
Most buyers of new build or newly converted property in Thames View come to us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the premises is constructed. This is because developers in Thames View usually buy the site, 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 property lawyers 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 Thames View or who has acted in the same development.
I have been on the look out for a leasehold apartment up to £235,500 and found one round the corner in Thames View I like with amenity areas and transport links in the vicinity, the downside is that it only has 52 years on the lease. I can't really find anything else in Thames View for this price, so just wondered if I would be making a grave error acquiring a lease with such few years left?
Should you need a home loan the shortness of the lease will likely be an issue. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for at least twenty four months you could request that they start the process of the extension and pass it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should speak to your conveyancing solicitor about this.
I'm converting the mortgage on my current property to a buy to let mortgage with Godiva Mortgages Ltd and I will use the ballance of the raised equity as a down payment on another house. The area we are looking at is Thames View. Will your solicitors be able to act for both sets of mortgage companies and link together the transactions?
Make use of our search tool on this page to ensure that the conveyancers are approved by both mortgage companies. Having checked that they are your lawyer should be able to simultaneously deal with the two conveyancing matters but you should talk with you solicitor and communicate your expectations and requirements.
Do all mortgage companies provide you with an approved list of Thames View solicitors? How do you know who is on the bank conveyancing panel?
Thames View law firm practices and firms carrying out conveyancing in Thames View themselves provide us confirmation that they are on the mortgage company conveyancing panel as opposed to being supplied with a list from the lender directly.