My mortgage broker has asked me for my Sidcup law firm’s panel reference for the Nationwide conveyancing panel. How do I obtain this. I have contacted my local Sidcup branch but they have not got back to me yet.
You are best placed to get this information from your Sidcup property lawyer . They maintain a central record lender panel numbers.
Completed the sale of my flat in Sidcup last August but my buyer keeps texting me to say his solicitor is waiting to hear from mysolicitor. What are the post completion sale formalities now that I have sold?
Following your sale your solicitor is committed to send the transfer documentation and all additional paperwork to the purchaser's lawyers. If applicable, your lawyer should also evidence that the mortgage has been discharged to the buyers conveyancers. There is unlikely to be post completion tasks unique to conveyancing in Sidcup.
We wanted to use a property lawyer in Sidcup for our house move. Our broker has since advised us that our bank Skipton Building Society won't deal with them. Surely this is unduly restrictive?
A decade ago most mortgage companies had a different appetite for risk. Almost all Sidcup conveyancing firms would have been on many lender panels. The FSA in 2010 completed a thematic review into mortgage fraud which concluded: know the conveyancing solicitors dealt with. Consequently, mortgage companies have regularly sought more data from law firms about their operations and the individuals who work for them as well as establishing certain criteria such a completing on a minimum number of transactions. Many Sidcup conveyancing firms that have been excluded from lender panels have a 100% healthy track record, no complaints and no claims and didn't just 'dabble' in conveyancing. Sidcup is one of the thousands of locations where the conveyancers we list are are authorised to act for Skipton Building Society.
I used Action Conveyancing a few years past for my conveyancing in Sidcup. Now, I need the documents however the law firm is no longer operating. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to help locate 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 Sidcup of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I have been on the look out for a flat up to £245,000 and identified one close by in Sidcup I like with amenity areas and transport links nearby, however it's only got 49 years on the lease. I can't really find anything else in Sidcup for this price, so just wondered if I would be making a mistake purchasing a short lease?
If you require a home loan that many years may be problematic. Reduce the price by the anticipated lease extension will cost if it has not already been discounted. If the current owner has owned the premises for a minimum of 2 years you could ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should speak to your conveyancing lawyer concerning this matter.
Is it best to go with a Sidcup conveyancing practitioner in close proximity to the house I am purchasing? We have a good friend who can perform the conveyancing however her office is 400miles away.
The primary upside of using a local Sidcup conveyancing practice is that you can pop in to sign documents, present your identification documents and apply pressure on them where appropriate. They will also have local intelligence which is a benefit. That being said nothing is more important than finding someone that will do a good and efficient job. If if people you trust instructed your friend and the majority were content that must surpass using an unknown Sidcup conveyancing lawyer solely due to them being round the corner.