My partner’s dad is a solicitor. I hope that I'll be able to get mate’s fee for conveyancing, However if that does not come through, what kind of costs would I typically be looking at for conveyancing in South West London?
It’s sensible to get multiple conveyancing estimates. Do use our search tool on this site. The quotes seem to vary but the service one can expect differ between conveyancers as is the case with most professions.
We are about to exchange contracts for a leasehold flat in South West London. We have hit a problem. The mortgage offer with Bank of Ireland runs out on 3/12/2024 but the vendors are suggesting a completion date of 5/12/2024. Is it possible to extend the mortgage expiry date?
The person best placed to address this question is your solicitors who will hopefully assess whether he or she is corresponding with the mortgage company, seller’s representatives, selling agents or possibly all three taking into account the history of your transaction as of today.
My fiance and I are hoping to buy a 2 bedroom flat in South West London with a residential mortgage from Yorkshire Building Society.We use our South West London conveyancing lawyer but Yorkshire Building Society advised that she’s not on their "panel". We have to appoint a Yorkshire Building Society panel solicitor or keep our high street solicitor and pay for a Yorkshire Building Society panel lawyer to represent them. This seems very unfair; is there anything we can do?
No, not really. The loan offered to you contains various provisions, one of which will be that conveyancers will be on the Yorkshire Building Society approved list. in the past, most mortgage companies 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. A further alternative is for your lawyer to apply to be on the conveyancing panel for Yorkshire Building Society
How does conveyancing in South West London differ for new build properties?
Most buyers of new build property in South West London contact us having been asked by the builder to exchange contracts and commit to the purchase even before the residence is built. This is because house builders in South West London tend to buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in South West London or who has acted in the same development.
I have been sourcing a conveyancing lawyer in South West London for my house move. Is it possible to review a solicitor's complaints history with the profession’s regulator?
You can search for presented Solicitor Regulator Association (SRA) decisions resulting from inquisitions from 2008 onwards. Visit Check a solicitor's record. To find information about the period before 1 January 2008, or to check a solicitors record, call 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For callers outside the UK, dial +44 (0)121 329 6800. The SRA could recorded call for training reasons.
We are thinking of choosing a web based conveyancer as opposed to a South West London conveyancing practice. Any advice?
Various benefits exist in being able to pop in to a local South West London conveyancing solicitor for instance
- signing documents on short notice
- having one on one explanations of things that you need help with
- the ability to raise concerns if things go pear-shaped
When analysing quotes, look out for hidden extras. Most decent South West London high street solicitors give an all-inclusive price. Often online agents appear to offer low cost fees, yet have hidden 'extras' in the small print.