I plan on buying an apartment in Wimbledon. My property lawyer is not on the bank conveyancing panel. Am I still permitted to use my Wimbledon conveyancing solicitor even though they are excluded from the mortgage company approved list?
You must have a conveyancer to deal with the formalities when you need a mortgage to buy your home. The conveyancer will conduct all the appropriate investigations on the property, make sure that you’re registered as proprietor and ensure that all the required mortgage paperwork is in order. You may select a Wimbledon solicitor of your choice. However, if the conveyancer selected is not on the mortgage company conveyancing panel further costs will be incurred as separate legal representation will be required by them. Lender panel applications may be submitted, so where your solicitor has not in the past sought membership they should take the opportunity to apply.
Can your site be used to find a Conveyancing solicitor in Wimbledon even where I’m not buying or selling a house, for example if I intend to acquire a shop in Wimbledon with a mortgage from Bank of Ireland?
Our comparison service is predominantly utilised to help choose residential conveyancing solicitors in Wimbledon but we have set out towards the bottom of this page a selection of Wimbledon commercial conveyancing firms. You should make contact with the solicitors directly to establish if they can also act for Bank of Ireland
We're in Wimbledon, FTBs purchasing with a mortgage (lender is Lloyds , and our lawyer is on the Lloyds conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Lloyds conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no solicitor 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.
I used Action Conveyancing a few years past for my conveyancing in Wimbledon. I now require my papers however the law firm is no longer operating. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Wimbledon of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Just had an offer accepted on a new build apartment in Wimbledon. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below is a sample of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Wimbledon
Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Please supply a car parking plan. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?
Should I choose a Wimbledon conveyancing practitioner based in the area that I am purchasing? We have a good friend who can carry out the conveyancing however they are based over three hundred kilometers drive away.
The benefit of a local Wimbledon conveyancing firm is that you can visit the firm to execute paperwork, present your identification documents and pester them where appropriate. Having local Wimbledon know how is a benefit. That being said it's more important to get someone that will pull out all the stops for you. If if people you trust used your friend and on the whole were happy that should outweigh using an unknown Wimbledon conveyancing lawyer solely due to them being Wimbledon based.