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Find a Southfields Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Southfields? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Southfields transaction at risk of delay or failure.

Only LenderPanel.com provides a subset of authorised Southfields conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Southfields

Finally, a mortgage offer from HSBC for the refinancing of my 4 room maisonette is expected within the next few days. Could you recommend a low cost conveyancing lawyer in Southfields?

You have come to the wrong place to search for the lowest fares for conveyancing in Southfields. Our intention is to offer value for money conveyancing but we do not aim to advertise as being the cheapest. Resist the temptation to appoint organisations seducing you with ninety nine pound conveyancing in Southfields. Optimistically, in deciding on low cost conveyancing, you will get your money’s worth and at worst it will result in you invoiced for additional fees and still not get the service expected.

In what way does my ID and proof of funds have anything to do with my conveyancing in Southfields? Why is this being asked of me?

You are right in the requirement set out by your solicitor has nothing to do with conveyancing in Southfields. Nowadays you will not be able to complete any conveyancing transaction if you have not supplying proof of your identity. Ordinarily this takes the form of a either your passport or driving licence and a bank statement. Remember if you are supplying your driving licence as evidence of ID it must be both the paper section and photo card part, one is not sufficient without the other.

Proof of the source of monies is necessary under Money Laundering Regulations. Don’t be offended when you are asked to produce this as your lawyer will need to have this information on file. Your Southfields conveyancing practitioner will need to see evidence of proof of funds before they are able to accept any funds from you into their client account and they should also ask further queries regarding the source of monies.

Please explain the implications if my lawyer’s firm is removed from the Aldermore Solicitor panel ahead of completing my conveyancing in Southfields?

The first thing to point out is that, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.

I am looking for a ground for flat up to £235,500 and found one round the corner in Southfields I like with amenity areas and railway links nearby, the downside is that it's only got 51 remaining years left on the lease. I can't really find anything else in Southfields in this price bracket, so just wondered if I would be making a grave error purchasing a lease with such few years left?

If you require a home loan that many years may be a potential deal breaker. Discount the offer by the expected lease extension will cost if not already taken into account. If the existing owner has owned the property for a minimum of 2 years you may ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should consult your conveyancing lawyer about this.

Am I best advised to appoint a Southfields conveyancing solicitor in close proximity to the house I am hoping to buy? I have an old university friend who can execute the legal formalities however they are based 300miles away.

The primary upside of using a local Southfields conveyancing practice is that you can drop in to sign paperwork, deliver your identification documents and apply pressure on them if necessary. They will also have local knowledge which is a benefit. However it's more important to get someone that will do a good and efficient job. If you know people who instructed your friend and the majority were happy that must trump using an unknown Southfields conveyancing lawyer solely due to them being Southfields based.

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