Why do I have to pay up front for conveyancing in South London?
Where you are retaining lawyers for conveyancing in South London your solicitor will request that you to provide them with monies to cover the search fees. Generally this is called for to cover the fees of the Local Authority Search. When the deposit is payable against the total price then this will be asked for immediately before contracts are exchanged. The closing balance that is due should be sent to your lawyer a couple of days prior to the completion date.
I am in the process of refinancing my home in South London, does my lawyer have to be on the Clydesdale Conveyancing panel?
In theory, you could use a solicitor that is not on the Clydesdale conveyancing panel, but Clydesdale would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.
What is the difference between a licensed conveyancer and conveyancing solicitor in South London
There are many recorded licenced Conveyancers in South London and Solicitor partnerships in South London offering conveyancing We would stress that both are supervised by regulatory bodies with both specialising in the legal aspects of transferring property. Both can conduct other property legal work such as remortgage conveyancing, lease extensions and transfer of equity conveyancing.
Is it the case that all South London conveyancing solicitors on the Leeds Building Society conveyancing panel are regulated by the Solicitors Regulatory Authority?
As solicitors, in order to be on the Leeds Building Society conveyancing panel they would need to be governed by the SRA. Some mortgage companies do allow licenced conveyancers on their panel in which case such firms would be regulated by the CLC.
About to purchase house in South London. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Clydesdale conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the South London solicitor is on the Clydesdale conveyancing panel.
I've recently found out that there is a flying freehold issue on a house I have offered on a fortnight ago in what should have been a quick, chain free conveyancing. South London is where the house is located. What do you suggest?
Flying freeholds in South London are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside South London you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in South London may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
How difficult is it to transfer to a new conveyancer as I have to retain one who is on the Nottingham Building Society conveyancing panel. I was using a local conveyancing solicitor in South London five minutes from me but he is not accepted by Nottingham Building Society
We will our best to assist in finding you a conveyancing solicitor in South London on the Nottingham Building Society panel. Please note that the law firms that we on the directory do not pay us commission if you instruct them and are authorised and regulated by the Solicitors Regulation Authority who oversee all conveyancing solicitors in South London. In utilising search facility on this site, you can compare and instruct different solicitors and conveyancers both nationally and in South London.