My wife and I are purchasing property in Sidcup. My Conveyancer has never been on on the bank approved list. Is it possible for me to appoint my Sidcup conveyancing solicitor notwithstanding that they are not on the lender panel of approved conveyancing solicitors?
You have a number of options open to you here
- Proceed with your chosen Sidcup conveyancer but your mortgage company will need to instruct a property lawyer from their approved list. The net result is additional fees together with potential frustration.
- Appoint a new solicitor to act in the purchase, ensuring that they are on the mortgage company conveyancing panel.
- Convince your solicitor to apply to join the lender panel
What is the best way to investigate if the solicitor conducting my conveyancing in Sidcup is on the bank’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Alliance & Leicester thus paying £187.00 plus VAT in further conveyancing invoice.
Feel free to take advantage of the find a conveyancing panel solicitor tool on this web page. Pick the lender and type ‘Sidcup’ or your location and you will see a number of lawyer based in Sidcup or by proximity to you.
Just had an offer accepted on a new build apartment in Sidcup. 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 conveyancing.
Set out below are examples of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Sidcup
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Forfeiture - bankruptcy or liquidation must not apply under this provision. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please supply evidence that the form of Lease proposed has been approved by the Land Registry.
I need to appoint a conveyancing solicitor for purchase conveyancing in Sidcup. I have stumble upon a site which seems to have the ideal offering If it is possible to get all the legals done via web that would be ideal. Do I need to be concerned? 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?
Why do I have to provide my conveyancer with numerous items of identification ahead of starting selling or buying a property in Sidcup?
Sidcup solicitors are required by the Law Society, Solicitors Regulation Authority, the Land Registry and current AML legislation to record that the have checked the identity of their clients. It is also sometimes a condition of your mortgage offer. Furthermore they have to complete various forms, particularly those relating to SDLT and need to have information such as your full names, NI number and date of birth.