Why do I have to pay up front when it comes to conveyancing in Wandsworth?
If you are buying a property in Wandsworth your lawyer will request that you put them with monies to cover the the cost of the conveyancing searches. Ordinarily this is called for to cover the fees of the conveyancing searches. When the deposit is payable against the total price then this should be asked for shortly ahead of exchange of contracts. The closing balance that is due will be payable shortly before completion.
We're in Wandsworth, First timers purchasing with a mortgage (lender is RBS , and our solicitor is on the RBS conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the RBS conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
We are buying a apartment in Wandsworth. It might be a silly question but how we can trust a lawyer? At some point we have to deposit funds into their account. What is the protection we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I have paid off my mortgage with Clydesdale. I assume I don't need a Wandsworth conveyancer on the Clydesdale panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Clydesdale mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Clydesdale mortgage from the register. Clydesdale, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Clydesdale has sent the Land Registry the discharge electronically, and
- Clydesdale has instructed the Land Registry to do so
Completion of my purchase has taken place for my property in Wandsworth. Conveyancing was satisfactory but I feel I should register my dissatisfaction about the lender. Who do I contact should I wish to lodge a complaint?
All lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Department at head office. We understand that complaints to a lender are sorted out effectively and efficiently. If you feel the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.
We are buying a property and the lawyer has identified Chancel Repair for which the house may be liable given it’s proximity to the area of such a church. She has mentioned insurance. Is this strictly warranted for conveyancing in Wandsworth
Unless a previous purchase of the premises took place after 12 October 2013 you can take it that conveyancing practitioners conducting conveyancing in Wandsworth to remain encouraging a chancel search and or insurance against a claim.
I have been on the look out for a ground for flat up to £245,000 and identified one near me in Wandsworth I like with a park and railway links nearby, however it only has 49 years on the lease. I can't really find anything else in Wandsworth in this price bracket, so just wondered if I would be making a grave error acquiring a short lease?
Should you require a home loan that many years may be problematic. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the property for at least twenty four months you can ask them to start the process of the extension and pass it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should speak to your conveyancing lawyer concerning this.
Why is New Build conveyancing in Wandsworth more expensive?
Conveyancing in Wandsworth for newly converted or new build properties often involve adoption of highways & drains, building regulations approval, planning permission, new build warranties such NHBC as well as supplemental queries and contractual concerns.