I am expecting a AIP from HSBC this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do HSBC recommend any Wandsworth solicitors on the HSBC conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Wandsworth solicitors independently although you'll need to choose one on the HSBC conveyancing panel. The solicitor represents both you and HSBC through the process.
I have decided to exercise my right to buy my property in Wandsworth off the council. I have a mortgage agreed with Coventry BS. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Coventry BS, you will need to appoint a solicitor on the Coventry BS conveyancing panel.
I had an offer accepted on a property in Wandsworth on 23/2/2024, valuation was booked 3 days later, received a clean bill of health. Conveyancer instructed, so the only thing outstanding was my mortgage offer. Having made daily calls to Kent Reliance and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Kent Reliance conveyancing panel. Can the lender hold off the offer?
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Kent Reliance to deal with your lawyer's application to be on the Kent Reliance conveyancing panel. There's no guarantee that your solicitor will be accepted.
I note that there are debates on Chancel Insurance on online forums. Do I require chancel insurance when acquiring a house in Wandsworth? or Apparently there is an ancient law that means some owners of property residing in a parish church boundary will be compelled to contribute towards repairs to the chancel in proximity to the church. Is this relevant for conveyancing in Wandsworth?
Unless a prior purchase of the house completed after 12 October 2013 you can assume that conveyancing practitioners carrying out conveyancing in Wandsworth to remain recommending a chancel search and or insurance against a claim.
I have justfound out that Action Conveyancing have been shut down. They carried out my conveyancing in Wandsworth for a purchase of a freehold house 12 months ago. How can I check that the property is registered correctly in the name of the previous owner?
The easiest way to see if the property is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Wandsworth conveyancing specialists.
I am looking for a ground for flat up to £245,000 and identified one round the corner in Wandsworth I like with amenity areas and transport links in the vicinity, however it only has 49 years unexpired on the lease. There is not much else in Wandsworth suitable, so just wondered if I would be making a mistake purchasing a lease with such few years left?
If you need a home loan that many years may be an issue. Discount the offer by the anticipated 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 could request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should consult your conveyancing solicitor regarding this matter.
In searching the internet for the words cheap conveyancing in Wandsworth it brings up many property lawyersin the area. How do I determine which is the right conveyancing solicitor for the sale of my house?
The preferential method of seeking the right conveyancer is via personal testimonial, so enquire of colleagues and relatives who have purchased a property in Wandsworth or a local estate agent or mortgage broker. Fees for conveyancing in Wandsworth differ, so it's sensible to secure a minimum of three fee estimates from different companies. Be sure to obtain confirmation that the costs are assured not to increase.
I have been looking for Wandsworth competitive conveyancing fees. Can I be sure that all the Wandsworth practices that are identified on your website are on the lender conveyancing panel?
The law firms on our directory have assured us via an online form that they are on the mortgage company panel and agreed to advise us to take down their listing in the event of removal off of the mortgage company panel. To date we have not been informed by either a mortgage company or a member of the public that the data about a specific Wandsworth firm being on the bank conveyancing panel is not accurate.