My IFA has requested my Tolworth lawyer’ panel member for the Nat West conveyancing panel. How do I discover this. I have tried my local Tolworth office but they don't know it.
Have you tried speaking to your Tolworth property lawyer about this?. Most Tolworth conveyancing practices will keep a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each lender.
Me and my partner are about to exchange buying a house in Tolworth but as a result of wreckage from the recent storms I have was able negotiate recompense from the vendor of £2k by way of a adjustment in the price. I had intended this to be dealt with as part of the conveyancing process yet TSB will not permit this. Should they have been notified?
The conveyancing practitioner being on the TSB approved list is duty bound to disclose to TSB of any variations to the sale price. If you were to refuse your lawyer to disclose the price change to TSB then they would have to discontinue acting for you. In addition, TSB and you would have to appoint a new conveyancing practitioner for your conveyancing in Tolworth.
Can I be sure that the Tolworth conveyancing solicitor on the Yorkshire BS panel is any good?
When it comes to conveyancing in Tolworth seeking recommendations is a good starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always advocate that you speak with the lawyer handling your transaction.
After months of negotiation I have agreed a price on a house in Tolworth. My financial adviser recommended their conveyancers. I paid an upfront payment of £150. A few days later, the conveyancing practitioner called me embarrassingly acknowledging that they were not on the Lloyds 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 Lloyds 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.
My offer was accepted on a property in Tolworth on 1/11/2024, valuation was booked 4 days later, all came back fine. Property lawyer retained, so the only thing outstanding was my mortgage offer. Having made daily calls to Nottingham and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Nottingham conveyancing panel. Can the lender hold off the offer?
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Nottingham to deal with your lawyer's application to be on the Nottingham conveyancing panel. There's no guarantee that your solicitor will be accepted.
It has been four months following my purchase conveyancing in Tolworth took place. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does conveyancing in Tolworth differ for new build properties?
Most buyers of new build residence in Tolworth come to us having been asked by the builder to exchange contracts and commit to the purchase even before the house is completed. This is because builders in Tolworth typically acquire 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 Tolworth or who has acted in the same development.
I have just started marketing my ground floor apartment in Tolworth.Conveyancing lawyers have not yet been instructed however I have just received a half-yearly maintenance charge invoice – should I leave it to the buyer to sort out?
The sensible thing to do is discharge the maintenance contribution as normal given that all ground rent and maintenance invoices will be apportionedon completion, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially