Much to our surprise we have been informed by our lender that my Wandsworth property lawyer is not on the mortgage company Conveyancing panel. What can I do to be certain whether this is indeed the case?
The first thing you need to do is to call your Wandsworth lawyer directly. It is reasonable to expect your lawyer to notify you what has happened. Where they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your mortgage company.
When can the exchange of contracts take place for purchase conveyancing in Wandsworth and do I need to attend the solicitors branch?
Where you are round the corner to our conveyancing solicitors in Wandsworth you are invited in to sign contracts. That being said, the firms we work with provide countrywide coverage for conveyancing and provide as equally comprehensive and professional a job for you when communicating with you digitally. The signing of the property agreement is not the critical part. Signing on the dotted line is just a prerequisite for the firm to officially exchange at the appropriate time, which will usually be very shortly after signing. The procedure is is usually a five minute process, although where an extended "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Wandsworth)to be in the office at the appropriate time.
Have purchased a a detached house in Wandsworth , how long will it take for the Land Registry to record my proprietorship? My Wandsworth conveyancing solicitor has been very slow, so I want to be sure that my name is registered.
There is nothing unique when it comes to conveyancing in Wandsworth registration formalities. Rather than based on location, timescales can vary subject to the party submitting the application, whether there are errors and if the Land registry communicate with any 3rd parties. At present roughly three quarters of submission are fully addressed within two weeks but occasionally there can be longer hold-ups. Historically registration is effected after the purchaser is living at the property therefore 'speed' is not always primary concern yet where there is a degree of urgency associated with the registration then you or your solicitor should communicate with the Registry to express the reasoning for the application to be prioritised.
I've recently found out that there is a flying freehold issue on a property I have offered on a fortnight ago in what was supposed to be a straight forward, no chain conveyancing. Wandsworth is the location of the property. Can you offer any assistance?
Flying freeholds in Wandsworth are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Wandsworth 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 Wandsworth 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 property.
I need to instruct a conveyancing solicitor for purchase conveyancing in Wandsworth. I have discover a site which looks to be the perfect solution If it is possible to get all this stuff completed via email that would be preferable. Should I be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
My lawyers in Wandsworth have advised me that no longer have my conveyancing file. To assist with my purchase I took out a mortgage with the lender. Is it case that being on the lender conveyancing panel they need to have retained the file for a prescribed period?
Different lenders have different requirements but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the bank Conveyancing Panel Terms. It might be worth you contacting the bank directly.