I plan on buying residence in Wandsworth. My property lawyer is not on the mortgage company solicitor panel. Am I still permitted to continue with my Wandsworth conveyancing solicitor notwithstanding that they are not on the lender panel?
You have a couple of alternatives open to you here
- Complete the purchase with your existing Wandsworth conveyancing practitioner but your bank will need to use a conveyancing practitioner from their approved panel. This will result in additional fees and potential interruption.
- Get a fresh conveyancer to conduct the conveyancing, making sure they are on the bank conveyancing panel.
- Appeal to your conveyancing practitioner to attempt to join the lender panel
I am acquiring a property for cash in Wandsworth. I have been living for the previous 20 years in Wandsworth. Conveyancing searches are exorbitant. Given that I know the area and road intimately must I have all the conveyancing searches?
In the absence of a mortgage, then all but one or two of the Wandsworth conveyancing searches are optional. Your solicitor will try and sway you, perhaps strongly, that you should have searches done, but he has a professional duty to do this. One thing to consider; if you are going to dispose of the house at a future date, it may be of importance to your prospective buyer what the searches reveal. There are plenty of instances where properties with functional issues can still throw up detrimental search results. A competent conveyancing solicitor in Wandsworth will provide you some sensible advice in this regard.
Our bank has recommended a law firm on their panel based in Wandsworth but I would rather choose a conveyancing lawyer in Wandsworth round the corner to me. Are you able to assist?
The minority of Wandsworth conveyancing practitioners are on all lender’s conveyancing panel. Use our search tool to locate a Wandsworth conveyancing conveyancer on the on the bank panel.
Over the last few months I have been searching for a flat up to £245,000 and found one round the corner in Wandsworth I like with open areas and station nearby, however it only has 61 years on the lease. I can't really find anything else in Wandsworth for this price, so just wondered if I would be making a mistake acquiring a short lease?
If you need a mortgage that many years will likely be an issue. Discount the price by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for at least twenty four months you may request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this matter.
I need to instruct a conveyancing solicitor for freehold conveyancing in Wandsworth. I've chance upon a web site which appears to be the perfect answer If there is a chance to get all formalities done via phone that would be ideal. Do I need to be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I am an executor of my recently deceased mum’s Will, with a property in Wandsworth which will be marketed. The property is unregistered at HMLR and I'm advised that some EAs will insist that it is in place before they will proceed. What's the procedure for this?
In the circumstances that you have set out it seems sensible to apply to register in the names of the personal representative(s) as named in the probate and in their capacity as PRs. HMLR’s online guidance explains how to register for the first time and what is required re the deeds and forms. You would need to include and certified copy of the probate as well and complete the form FR1 to refer to the PRs as the applicant.