We are buying a 2 bedroom apartment in Mottingham with a mortgage. We like our Mottingham lawyer, but the bank says he's not on their "panel". It appears that we have little choice but to use one of the bank panel solicitors or retain our Mottingham lawyer and pay for one of their panel ones to act for them. We regard this is inequitable; can we not require that the lender use our Mottingham conveyancing practitioner ?
No, not really. Your mortgage offer is subject to its terms and conditions, one of which will be that lawyers will on the bank’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your Mottingham conveyancing solicitor to apply to be on the conveyancing panel.
We note that you have a post code search directory listing firms on the Santander conveyancing panel. Do firms pay you a commission if I instruct them for our own conveyancing in Mottingham?
We are a listing service only for law firms wishing to communicate if they are on the Santander conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Mottingham.
This question may be naive but I am unseasoned as FTB of a ground floor flat in Mottingham. Do I collect the keys to the house on completion from my solicitor? If this is the case, I will find a High Street conveyancing solicitor in Mottingham?
There is no need to visit the lawyers office on the day of completion. Your solicitors will electronically transfer the purchase money to the seller's solicitors, and shortly after the monies have arrived, you should be invited to receive the keys from the selling Agents and move into your new home. This tends to happen between 1 and 3pm.
Does a directory service exist listing Principality panel solicitors in Mottingham 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. A small selection of mortgage companies make their panel listings open the public over the internet. If you are in need of a Mottingham lawyer on the Principality please use our facility.
Last month we had a mortgage agreed in principle with Skipton. Mottingham conveyancing lawyers were appointed. How long does it take for Skipton to issue the offer to the solicitor?
There is no definitive answer here. Have Skipton done the valuation? Have you informed Skipton as to your lawyers' details and checked that your lawyers are on the Skipton conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I am looking for a leasehold apartment up to £305k and found one near me in Mottingham I like with a park and station in the vicinity, however it's only got 49 years on the lease. I can't really find anything else in Mottingham in this price bracket, so just wondered if I would be making a mistake acquiring a lease with such few years left?
Should you require a home loan the shortness of the lease will likely be problematic. Discount the price by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for a minimum of 2 years you may ask them to start the process of the extension and then assign it to you. You can add 90 years to the current lease with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this.
In my capacity as executor for the will of my father I am disposing of a residence in Newport but I am based in Mottingham. My lawyer (who is 200 miles from merequires that I execute a stat dec ahead of the transaction finalising. Can you recommend a conveyancing lawyer in Mottingham who can witness this legal document for me?
Technically speaking you should not need to have the documents witnessed by a conveyancing solicitor. Normally or notary public or solicitor will do regardless of whether they are based in Mottingham
I cannot travel my Mottingham conveyancing solicitors office to sign documents for conveyancing in Mottingham – will this be problematic?
You need not be concerned. Mottingham conveyancing lawyers can handle home moves for clients nationwide. You are unlikely to be required to meet your lawyer in the flesh at a Mottingham conveyancers office. Almost all lawyer can deal with everything using post, email, telephone and fax.