Is it correct that all South West London CQS (Conveyancing Quality Scheme) solicitors are on the Coventry BS conveyancing panel?
It is true that some lenders now make use of CQS as the starting point for Panel approval such as HSBC and Santander. CQS membership however gives no guarantee to lender panel acceptance. That being said,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for firms wishing to remain on their panels.
Completion of my remortgage has taken place for my property in South West London. Conveyancing was satisfactory but I would like to complain about the lender. Who do I contact should I wish to lodge a complaint?
Almost all banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Team at head office. Ordinarily complaints to a lender are resolved very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.
Lloyds have agreed my home loan in principle, my bid on a apartment in South West London has been agreed to, now what?
Your estate agent will wish to know who your solicitors are (be sure the conveyancing practitioners are on the lender’s panel). Contact Lloyds or the broker and finalise any relevant documentation. Lloyds will appoint a valuer who will get in touch with the selling agent or owners to arrange an appointment. Once carried out (assuming no problems) it takes on average a fortnight for the mortgage offer to be issued. Lloyds will issue the offer to you and your property lawyers. The legal work will then take it’s course according the nature and complexity of the conveyancing in South West London.
Despite weeks of looking the Title Certificate and documents to my house can not be found. The solicitors who dealt with the conveyancing in South West London 5 years ago are no longer around. What do I do?
In today’s world there are copies made of almost everything, and your conveyancer should be aware exactly where to look for all the relevant documentation so you may purchase or dispose of your house without any difficulty. If copies are not available, your solicitor can put in place insurance or indemnities against future claims on the property.
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 developer to exchange contracts and commit to the purchase even before the house is built. This is because developers in South West London typically acquire the site, 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 conveyancing solicitors 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.
Should I be wary by estate agents that I am dealing with are encouraging me to use an online conveyancing firm rather than a High Street South West London conveyancing practice?
As with many professional services, often referrals from relatives can be worth their weight in gold. Yet there are numerous players in a conveyancing matter; estate agents, mortgage brokers and lenders might all recommend solicitors to instruct. Sometimes the solicitors might be known to one of the organisations as being good in their field, but occasionally there might be a commercial relationship behind the recommendation. You have the right to select your preferred conveyancer. Don't forget that some mortgage providers have an approved list of law firms you have to use for the lender related work in your house move.
I am a fortnight into a leasehold purchase having been directed to solicitors by the local agent to carry out the conveyancing in South West London. I am am extremely dissatisfied with the level of service. Can you you assist me in finding new solicitors?
They would need to be very bad in order to consider changing them. Has the mortgage been issued? If so you need to advise them of the new contact details and ensure the offer are re-issued. The conveyancer needs to be on the lenders approved list to avoid escalating fees and delays. So that should be your starting point. The search tool can help you find a bank approved solicitor for your conveyancing in South West London
I have just had an offer accepted on a leasehold flat in South West London and the mortgage adviser that we are dealing with suggested his conveyancer. He quoted £1000 plus VAT and disbursements. Does this sound reasonable?
Don't just go on 1 quote. You should seek like-for-like quotes for your conveyancing in South West London. Then choose one that you trust and just as important, is on the approved list of the bank that you are sourcing your mortgage from.