My fiance and I are hoping to acquire a property in Battersea and are in fact using a Battersea conveyancing practice. Within the last couple of days our property lawyer has forwarded the sale agreement to be signed with a detailed report with a view to exchanging next week. Barnsley Building Society have this afternoon contacted us to inform me that they have now hit a problem as our Battersea lawyer is not on their conveyancing panel. Please explain?
When purchasing a property with the benefit of a mortgage it is usual for the purchasers' lawyers to also act for the purchaser's lender. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Quality Scheme. Your property lawyer should contact your bank and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own lawyers to represent them. You don't have to instruct a firm on the bank's conveyancing panel as you are at liberty to use your preferred Battersea lawyers, in which case your legal fees may increase, and it may delay matters as you are adding another lawyer into the mix.
We are buying a property and require a conveyancing solicitor in Battersea who is on the Skipton conveyancing panel. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Skipton . We don't recommend any particular firms conducting conveyancing in Battersea.
My apartment in Battersea is up for sale and I have a purchaser. Will the solicitor need to be required to be on the Clydesdale conveyancing panel in order to deal with redeeming my mortgage?
Ordinarily, even if your lawyer is not on the Clydesdale conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their specifications fairly frequently at the moment.
How does conveyancing in Battersea differ for new build properties?
Most buyers of new build premises in Battersea approach us having been asked by the developer to exchange contracts and commit to the purchase even before the house is ready to move into. This is because builders in Battersea tend to buy the real estate, 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 conveyancers 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 accustomed to new build conveyancing in Battersea or who has acted in the same development.
My business partner and I are wishing to lease a unit on the high street. Can you recommend lawyers offering competitive fees for commercial conveyancing in Battersea for under £2000?
We are happy to recommend firms who have well rounded knowledge of commercial conveyancing in Battersea, including the disposal and acquisition of businesses as well as simply property. If you are looking to buy or lease a shop, pub, restaurant, office, retail unit or a whole business we can find you the right solicitor. As for the costs this will depend on the structure and complexity of the deal. Let us have your details or call us so that we may furnish you with a detailed commercial conveyancing quote.
I need to retain a conveyancing solicitor for remortgage conveyancing in Battersea. I happened to discover a web site which appears to be the perfect answer If there is a chance to get all formalities done via phone 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?