I plan on buying a leasehold flat in Wraysbury. My Solicitor is not on the lender solicitor list. Is it possible for me to use my Wraysbury conveyancing solicitor notwithstanding that they are excluded from the bank list of approved lawyers?
Your options include
- Proceed with your chosen Wraysbury property lawyer but your bank will need to use a solicitor from their approved panel. This will result in additional charges and probable interruption.
- Get a fresh lawyer to act in the purchase, making sure they are on the bank conveyancing panel.
- Convince your conveyancing practitioner to seek to join the mortgage company panel
I am hoping to move into my new home in Wraysbury next Monday. My conveyancing practitioner now wants me to supply her with proof of content and building insurance for the property as he says that he has to check this in his capacity as lawyer for the mortgage company. What risks does the bank expect the insurance to cover?
All property lawyers on acting for mortgage companies would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s Part 2 conditions. These obligations are not specific to conveyancing in Wraysbury.
I have justfound out that Wolstenholmes have closed. They conducted my conveyancing in Wraysbury for a purchase of a freehold house 18 months ago. How can I establish that my home is registered correctly in the name of the previous owner?
The easiest method to check if the property is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Wraysbury conveyancing specialists.
I need to find a conveyancing solicitor for residential conveyancing in Wraysbury. I have stumble upon a web site which seems to have the ideal answer If it is possible to get all this stuff done via email that would be ideal. Should I be wary? 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 can't I complete my conveyancing in Wraysbury on Easter Monday?
This is due to the fact that on completion the funds needs to be transferred electronically between the banks of the buyer and seller's solicitor and at present this can only happen on a business day. So you can't complete on a saturday or sunday either.