We are selling our apartment in Sidcup. Will the solicitor have to be required to be on the Co-operative conveyancing panel in order to deal with repayment of my mortgage?
Ordinarily, even if your lawyer is not on the Co-operative conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their requirements fairly frequently at the moment.
Should commercial conveyancing searches reveal planned roadworks that could affect a commercial site in Sidcup?
Many commercial conveyancing solicitors in Sidcup will execute a SiteSolutions Highways report as it reduces the time that conveyancers invest in looking into accurate data on highways that impact buildings and development assets in Sidcup. The report sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Sidcup.
For every commercial conveyancing transaction in Sidcup it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately can result in delays to Sidcup commercial conveyancing deals as well as pose a risk to future intentions for the site. These searches are not ordered for domestic conveyancing in Sidcup.
Due to the encouragement of my in-laws I had a survey completed on a house in Sidcup in advance of appointing conveyancers. I have been told that there is a flying freehold aspect to the property. My surveyor has said that some mortgage companies will not grant a mortgage on a flying freehold house.
It depends who your proposed lender is. HSBC has different instructions from Birmingham Midshires. If you e-mail us we can investigate further with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Sidcup. Conveyancing will be smoother if you use a solicitor in Sidcup especially if they are familiar with such properties in Sidcup.
Should I be suspicious by brokers that I am dealing with are encouraging me to use a factory type conveyancing firm as opposed to a High Street Sidcup conveyancing practice?
As is the case with lots of professional services, often suggestions from relatives can be extremely useful or valuable. Yet there are numerous people with a vested interest in a conveyancing matter; estate agents, mortgage brokers and banks may recommend solicitors to use. Sometimes these conveyancers might be known to one of the organisations as one of the best in their field, but occasionally there may be a commercial relationship behind the endorsement. You have the discretion to choose your own conveyancer. You need to be aware that most banks operate an approved list of conveyancers you are obliged to use for the mortgage related work in your conveyancing.
My husband and I are novice buyers - had an offer accepted, yet the estate agent advised that the seller will only issue a contract if we instruct their recommended lawyers as they are insisting on an ‘expedited deal’. We would rather use a family solicitor who is accustomed to conveyancing in Sidcup
It is improbable the vendors are driving this. Should the seller desire ‘a quick sale', alienating a serious buyer is is going to put the whole deal at risk. Contact the vendors directly and make sure they comprehend that (a)you are motivated purchasers (b)you are excited to move forward, with mortgage lined up © you are unencumbered (d) you wish to move quickly (e)however you intend to instruct your own,trusted Sidcup conveyancing lawyers - as opposed tothose that will earn the negotiator at the agency a commission or achieve conveyancing thresholds set by senior management.
Do I cancel my mortgage payments with Barclays once a completion date for my home sale in Sidcup has been agreed?
You are best advised to maintain paying any mortgage sums to Barclays until the mortgage is paid off from the proceeds of sale as part of your Sidcup conveyancing.