My mortgage broker requires my Croydon lawyer’ panel member for the Santander conveyancing panel. What is the best way to discover this. I have called my local Croydon office but they have not responded to me.
You are best placed to get this information from your Croydon conveyancer . They retain a central record lender panel numbers.
Our nephew is in the process of securing a newly built flat in Croydon with a home loan from Lloyds. His conveyancer has said that there is a delay in receiving the ‘Disclosure of Incentive Form’. Who needs to receive the form?
The form is intended to provide information to the main parties involved in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the Lloyds conveyancing panel as a standard part of the process, and to the surveyor when asked. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Lloyds conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
When will exchange of contracts happen for sale conveyancing in Croydon and do I need to be at the lawyers branch?
Where you are near to our conveyancing solicitors in Croydon you are invited in to sign the paperwork. However, the law practices we work with supply countrywide coverage for conveyancing and provide as equally detailed and professional a job for you when communicating with you electronically. The executing of the purchase agreement is not the point of no return. Signing on the dotted line is necessary for the firm to exchange contracts when the time is right, which is ordinarily shortly after signing. The procedure is is usually a five minute process, although where an extended "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Croydon)to be in the office at the appropriate time.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Croydon. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below is a sample of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Croydon
-
Please confirm the Lease plans are architect prepared. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Forfeiture - bankruptcy or liquidation must not apply under this provision. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please supply evidence that the form of Lease proposed has been approved by the Land Registry.
Yesterday I discovered that there is a flying freehold issue on a house I have offered on a fortnight ago in what should have been a straight forward, chain free conveyancing. Croydon is where the house is located. Is there any guidance you can impart?
Flying freeholds in Croydon are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Croydon you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Croydon 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 residence.
Are all Croydon property lawyers on every lender conveyancing panel?
You can use our search tool or you can go into your high street lender branch in Croydon. Chances are that they can recommend conveyancing solicitors in Croydon