Having been suggested to visit your company we were going to go ahead with a conveyancing solicitor in New Malden found on your site but have come across alternative estimates via the web seem less pricey – why is this?
There are hundreds of conveyancers offering what appear to be very low prices. You should think twice as to how much you respect your own move to you are willing to be penny wise pound foolish in relation to the quality of the conveyancing. Many of them list a budget fee to catch your eye but bury additional fees in the fine print..
Can you clarify what the consequences are if my solicitor is suspended from the Virgin Money Solicitor panel ahead of completing my conveyancing in New Malden?
First, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit at a cost.
I have been told that property searches are the primary cause of stalling in New Malden house deals. Is this right?
The Council of Property Search Organisations (CoPSO) released findings of a review by MoveWithUs that conveyancing searches do not figure amongst the top 10 causes of delays during the legal transfer of property. Searches are not likely to feature in any holding up conveyancing in New Malden.
Despite weeks of looking the Title Certificate and documents to our property are lost. The solicitors who did the conveyancing in New Malden 10 years ago are no longer around. What do I do?
Nowadays there are duplicates made of almost everything, and your lawyer should know precisely where to locate all the suitable documentation so you can purchase or dispose of your property without any difficulty. If copies can’t be found, your conveyancer can put in place insurance or indemnities against possible claims on your premises.
I am buying a new build apartment in New Malden. Conveyancing is a frightening process 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 legal work.
Here are examples of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in New Malden
Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?
I am Googling for New Malden online conveyancing estimates. Can I be sure that all the New Malden firms that are listed on your website are on the lender conveyancing panel?
The solicitor and licensed conveyancing practices on our directory have assured us via an online form that they are on the mortgage company panel and agreed to advise us to take down their listing in the event of removal off of the bank panel. To date we have not been informed by either a lender or a member of the public that the data about a specific New Malden firm being on the mortgage company conveyancing panel is incorrect.