Do all mortgage companies provide you with an approved list of Osterley conveyancing solicitors? How do you know who is on the Principality conveyancing panel?
Osterley conveyancing firms themselves provide us confirmation that they are on the Principality conveyancing panel as opposed to being supplied with a list from Principality directly.
Do the Building Society Association intend to launch a search tool with a view to list firms on the Loughborough BS conveyancing panel for example in Osterley?
Lexsure has not been advised of any intention on the part of the BSA to develop such a register.
I acquired my apartment on 14 May and the transaction details is not yet on the land registry website. Any reason for this? My conveyancing solicitor in Osterley said it should be concluded in a couple of weeks. Are properties in Osterley particularly slow to register?
As far as conveyancing in Osterley registration is no faster or slower than the rest of the country. Rather than based on location, timescales can differ subject to who lodges the application, whether it is in order and if the Land registry communicate with any other persons or bodies. As of today roughly three quarters of submission are completed within 12 days but occasionally there can be longer hold-ups. Historically registration is effected once the new owner has moved in to the premises so post completion formalities is not typically top priority but if there is a degree of urgency associated with the registration then you or your conveyancer could communicate with the Registry to express the reasoning for the application to be prioritised.
Yesterday I discovered that there is a flying freehold issue on a house I put an offer in last month in what was supposed to be a quick, chain free conveyancing. Osterley is where the house is located. What do you suggest?
Flying freeholds in Osterley are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Osterley you would need to get your solicitor to go through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Osterley may determine 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 premises.
I was recommended by numerous property agents in Osterley to get a quote from a conveyancer using your seach tool. Is there a financial advantage for Estate Agents to promote your lawyers rather than a competitor’s?
We refuse to give any financial incentive for sending work our way. We thought it would be too underhand a fee because home movers will think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.
I have been advised by various friends to expect up to two months for Osterley conveyancing to complete.This was four weeks ago. The paperwork was only forwarded to my lawyer last week so does the clock start running now?
Don't bank on counting down any 6-8 week suggested period. Answering exactly how how many weeks Osterley conveyancing will take is an impossible task. Every Osterley conveyancing transaction will have it’s specific set of issues. As a result your lawyer should find it difficult to give representations as to how long it will take to conclude your conveyancing in Osterley.