The Greenwich conveyancing firm handling our Greenwich conveyancing has identified an inconsistency when comparing the assumptions in the valuation survey and what is revealed within the legal papers for the property. My lawyer says that he is obliged to check that the lender is happy with this discrepancy and is content to go ahead. Is my solicitor’s stance appropriate?
Your conveyancing practitioner must comply with the UK Finance Lenders’ Handbook provisions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
I am looking to buy a house and need a conveyancing solicitor in Greenwich who is on the Skipton Building Society conveyancing. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Skipton Building Society in certain locations such as Greenwich. We dont recommend any particular firm.
Will my conveyancer be raising questions about flooding during the conveyancing in Greenwich.
The risk of flooding is if increasing concern for conveyancers specialising in conveyancing in Greenwich. There are those who purchase a property in Greenwich, completely aware that at some time, it may suffer from flooding. However, leaving to one side the physical destruction, where a property is at risk of flooding, it may be difficult to get a mortgage, suitable building insurance, or dispose of the premises. Steps can be carried out as part of the conveyancing process to forewarn the buyer.
Conveyancers are not qualified to impart advice on flood risk, however there are a numerous checks that can be carried out by the buyer or by their conveyancers which will give them a better appreciation of the risks in Greenwich. The standard completed inquiry forms supplied to a purchaser’s solicitor (where the Conveyancing Protocol is adopted) contains a usual inquiry of the owner to discover if the premises has suffered from flooding. In the event that flooding has previously occurred and is not revealed by the vendor, then a purchaser could bring a compensation claim stemming from an misleading response. The purchaser’s lawyers will also order an environmental search. This should higlight if there is a recorded flood risk. If so, further investigations should be initiated.
I used Action Conveyancing several years ago for my conveyancing in Greenwich. I now require my papers but cannot find the solicitor. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Greenwich of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
How does conveyancing in Greenwich differ for new build properties?
Most buyers of new build premises in Greenwich come to us having been asked by the builder to exchange contracts and commit to the purchase even before the premises is ready to move into. This is because house builders in Greenwich 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 Greenwich or who has acted in the same development.
I am due to consider costs for conveyancing in Greenwich from various lawyer and appoint one. Am I right to tell them to sit tight until I I have my bid accepted on a house.
You should only request your conveyancing practitioner to commence work and order searches after the sales memorandum has been sent by the estate agent especially as Greenwich conveyancing searches are not inexpensive.