I was notified recently by my IFA that my South West London the law firm I have appointed is not on the bank Solicitor panel. What can I do to be sure whether this is correct?
The sensible course of action for you to take is to contact your South West London lawyer directly. It is reasonable to expect your lawyer to notify you of the situation. If they are not on the panel they may be able to suggest a South West London conveyancing practice that is on the approved list of lawyers for your bank.
Why do I have to pay up front for my conveyancing in South West London?
Where you are retaining lawyers for conveyancing in South West London your solicitor will ask you place them with monies to cover the the cost of the conveyancing searches. Normally this is called for to cover the fees of the Local Authority Search. When the down payment is as part of the sale price then this will be required shortly before exchange of contracts. The final balance that is needed should be sent to your lawyer a few days prior to the day of completion.
My wife and I are planning on selling our property in South West London and according to the buyers it appears that there is a possibility that the property was built land that was not decontaminated. Any local lawyer would know that there is no such problem. It does beg the question why the buyers are using a national conveyancing outfit as opposed to a conveyancing solicitor in South West London. Having lived in South West London for three years we know of no issue. Do we contact our local Authority to seek clarification that the buyers are looking for.
It would appear that you have a conveyancing firm already. Are they able to advise? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same illness)
Due to the advice of my in-laws I had a survey completed on a house in South West London before appointing conveyancers. I have been told that there is a flying freehold element to the house. The surveyor advised that some mortgage companies tend not give a loan on this type of home.
It depends who your proposed lender is. Santander has different instructions from Birmingham Midshires. Should you wish to call us we can investigate further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in South West London. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in South West London to see if the conveyancing costs will increase in light of this.
Am I better off to use a South West London conveyancing solicitor in close proximity to the house I am hoping to buy? An old friend can conduct the legal work but his firm is located approximately 350miles away.
The primary upside of using a high street South West London conveyancing practice is that you can attend the office to sign documents, present your ID and pester them where appropriate. Having local South West London know how is a benefit. That being said nothing is more important than finding someone that will pull out all the stops for you. If you know people who instructed your friend and they were impressed that must surpass using an unfamiliar South West London conveyancing solicitor just because they are local.