As someone unfamiliar with the Croydon conveyancing process what is the number one tip you can give me for the legal transfer of property in Croydon
Not many law firms shout this from the rooftops but conveyancing in Croydon and elsewhere in South London is an adversarial experience. Put another way, when it comes to conveyancing there exists lots of room for conflict between you and others involved in the home moving process. For instance, the seller, estate agent and on occasion your mortgage company. Appointing a solicitor for your conveyancing in Croydon should not be taken lightly as your conveyancer is your adviser, and is the SOLE person in the legal process whose interest is to look after your legal interests and to keep you safe.
We are witnessing a worrying ongoing adversarial element to conveyancing- someone has to be at fault for the process taking so long. We recommend that you your first instinct should be to trust your conveyancer above all other parties when it comes to the legal assignment of property.
I am in the process of refinancing my apartment in Croydon, does my lawyer have to be on the Nottingham Solicitor panel?
In theory, you could use a solicitor that is not on the Nottingham conveyancing panel, but Nottingham would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same transaction.
Is there a list of Santander panel solicitors in Croydon on the Building Society Association’s Website?
No. There is no such directory service on the Council of Mortgage Lenders or Building Society Association websites. Very few lending institutions make their panel listings viewable on the web. If you are seeking to appoint a Croydon conveyancing practitioner on the Santander please use our tool.
How can we know in advance if a Croydon conveyancing solicitor on the Yorkshire BS panel is any good?
When it comes to conveyancing in Croydon obtaining 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 advertising the lowest fees. We would always suggest that you speak with the lawyer conducting your conveyancing.
I am due to exchange contracts on my house. I had a double glazing fitted in June 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Nottingham are being pedantic. The Croydon solicitor who is on the Nottingham conveyancing panel is recommending indemnity insurance as a solution but Nottingham are insisting on a building regulation certificate. Why do Nottingham have a conveyancing panel if they don't accept advice from them?
It is probably the case that Nottingham have referred the matter to their valuer. The reason why Nottingham may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I am purchasing my first flat in Croydon benefiting from help to buy. The builders would not move on the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The property agent advised me not to tell my lawyer about the extras as it will impact my loan with Halifax. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I need to retain a conveyancing solicitor for leasehold conveyancing in Croydon. I have stumble upon a site which appears to be the perfect answer If there is a chance to get all this stuff completed via email that would be ideal. Do I need to 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 partner and I about to complete buying a property in Croydon but as a result of damage from the recent storms I have agreed recompense from the current proprietors of £3k taking the form of a adjustment in the price. This was going to be dealt with as part of the conveyancing process but the bank will not agree to this. Why were they approached?
The lawyer being on a lender conveyancing panel is duty bound to disclose to the mortgage company of any changes to the purchase figure. If you prohibit your conveyancer to notify the price change to your lender then they would have to discontinue representing you and the lender.