Unfortunately I am unable to travel far from Thamesmead. Please clarify why all Thamesmead property lawyers aren't included on all bank panels?
Mortgage companies highlight the fact that solicitor-led fraud is thought to be responsible for millions of pounds of fraud every year.The removal of law firms off of lender panels started with the rise in mortgage fraud, which prompted a thematic review by the Financial Services Authority in 2011. Its outcome included recommendations for lenders to review their conveyancing panels, which kicked off a major policy change in the sector. This led to lenders culling a number of firms off their panel of approved conveyancers .
Having sold my house in Thamesmead last October yet the purchaser is texting daily to moan that his conveyancer is waiting to hear from myconveyancer. What should my lawyer have done following completion?
Following your disposal your lawyer is committed to send the transfer deeds and all supplemental paperwork to the buyer’s solicitors. Where appropriate, your lawyer must also send confirmation that the legal charge in favour of the lender has been redeemed to the buyers conveyancers. There are no post completion formalities specific conveyancing in Thamesmead.
I am buying a new build flat in Thamesmead. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
Leaving aside the complexities and merits of DIY conveyancing in Thamesmead you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Thamesmead.
Should commercial conveyancing searches disclose impending roadworks that may impact a commercial property in Thamesmead?
Its becoming the norm that commercial conveyancing solicitors in Thamesmead will order a SiteSolutions Highways report as it reduces the time that conveyancers invest in sourcing accurate data on highways that impact buildings and development assets in Thamesmead. 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 Thamesmead.
For each commercial conveyancing transaction in Thamesmead it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately may result in delays to Thamesmead commercial conveyancing transactions as well as present a risk to future plans for the site. These searches are not carried out for domestic conveyancing in Thamesmead.
I've recently found out that there is a flying freehold element on a house I put an offer in two weeks back in what was supposed to be a straight forward, chain free conveyancing. Thamesmead is the location of the property. Can you shed any light on this issue?
Flying freeholds in Thamesmead are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Thamesmead you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Thamesmead 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 property.
My father has recommend that I appoint his conveyancing solicitors in Thamesmead. Should I use them?
Much as we are happy to recommend a Thamesmead conveyancing lawyer the best way to find a conveyancing solicitor is to have feedback from friends or family who have actually previously instructed the solicitor that you are considering.