Due to move into my new home in Dulwich next Monday. My solicitor now wants me to supply her with evidence of content and building insurance for the property as as she informs me that she is duty bound to validate that it is in order for the bank. What does the insurance need to cover?
All property lawyers on acting for banks would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s Part 2 instructions. These requirements are not limited to conveyancing in Dulwich.
Why do I have to pay up front when it comes to conveyancing in Dulwich?
If you are buying a property in Dulwich your solicitor will request that you put them with monies to cover the the cost of the conveyancing searches. This will be the total of the cost of the Local Authority Search. If any deposit is payable against the purchase price then this should be required immediately ahead of contracts are exchanged. The final balance that is due will be payable a few days prior to the day of completion.
Have completed on a a semi-detached house in Dulwich , What is the estimated time for the Land Registry to register the transfer to my name? My Dulwich conveyancing solicitor has been painfully slow, so I want to be certain the land registry aspects are dealt with.
As far as conveyancing in Dulwich registration is no faster or slower than anywhere else in England and Wales. Rather than based on location, timescales can differ according to who lodges the application, whether it is in order and if the Land registry need to notify any other persons or bodies. Currently in the region of 80% of submission are fully addressed within 12 days but occasionally there can be longer hold-ups. Historically registration is effected after the buyer has moved in to the premises therefore post completion formalities is not usually top priority yet if it is urgent that the the registration takes place urgently then you or your solicitor can communicate with the Registry to express the reasoning for an expedited registration.
I have been pointed in your direction by a number of property agents in Dulwich to locate a solicitor using your seach tool. Is there a financial advantage for Estate Agents to market your services over and above a competitor’s?
We refuse to make any commission for directing people in our direction. We found it would be just too difficult a fee because a client could think, ‘Why is the agent getting a kickback? Why aren’t I getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
I am thinking of appointing a conveyancing solicitor in Dulwich for my house move. Is it possible to check a firm’s complaints history with the profession’s regulator?
Anyone can review presented Solicitor Regulator Association (SRA) decisions resulting from inquisitions from 2008 onwards. Visit Check a solicitor's record. To find information Pre 2008, or to check a solicitors history, call 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, use +44 (0)121 329 6800. The SRA sometimes monitor telephone calls for training reasons.
I am purchasing a flat and need a conveyancing solicitor in Dulwich who is on the bank approved panel. Can you recommend a Dulwich or local Dulwich solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for the mortgage company who do conveyancing in Dulwich. We dont recommend any particular conveyancing practice.