I am selling my apartment in South Ruislip. Does my conveyancing practitioner have to be on the RBS conveyancing panel in order to deal with repayment of my mortgage?
Ordinarily, even if your lawyer is not on the RBS conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their specifications fairly frequently at the moment.
Due to the encouragement of my in-laws I had a survey completed on a property in South Ruislip ahead of retaining lawyers. I have been advised that there is a flying freehold element to the house. My surveyor advised that some banks may not give a loan on this type of property.
It depends who your proposed lender is. Lloyds has different instructions from Halifax. If you e-mail us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in South Ruislip. Conveyancing will be smoother if you use a solicitor in South Ruislip especially if they are accustomed to such properties in South Ruislip.
I have been pointed in your direction by a few selling agents in South Ruislip to locate a property lawyer on your site. Is there a financial upside for Estate Agents to promote your lawyers rather than alternative conveyancing organisations?
We refuse to make any financial incentive for sending work our way. We found it would be just too difficult to pay a commission because members of the public would think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.
We're FTB’s - agreed a price, yet the property agent informed us that the seller will only proceed if we appoint the agent's recommended conveyancers as they need an ‘expedited deal’. My instinct tells me that we should use a family conveyancer with experience of conveyancing in South Ruislip
We suspect that the owner is unaware of this demand. Should the seller require ‘a quick sale', taking such a hostile approach to a motivated purchaser is going to damage their objectives. Contact the owners directly and make sure they comprehend that (a)you are keen to buy (b)you are ready to go, with mortgage lined up © you have nothing to sell (d) you wish to move quickly (e)but you are going to use your preferred South Ruislip conveyancing lawyers - as opposed tothose that will give their negotiator at the agency a kickback or hit his conveyancing figures pre-set by senior management.
We are hoping to purchase a repossessed flat in South Ruislip and the vendor would like to complete inside 28 days. Do property lawyers meet that timeframe? Am I best advised to instruct a high street South Ruislip firm or an online firm that professes to complete quickly?
Visit your South Ruislip high street. Pop in to two or three solicitor’s offices and ask to see a conveyancing solicitor for an estimate. Discuss your requirements and get a commitment on time frames. Select the one that comes across as most trustworthy. Be sure to select a property lawyer on the panel of lawyers who can act for your lender.