I am soon to complete on the purchase of a property in Crayford but as a consequence of wreckage from some water damage at the property I have was able negotiate compensation from the seller in the sum of £2k by way of a adjustment in the price. I had intended this to be addressed as part of the conveyancing process but Nationwide will not agree to this. Why were they approached?
The conveyancer being on the Nationwide conveyancing panel is duty bound to advise Nationwide of any amendments to the sale price. If you were to refuse your conveyancer to notify the reduction to Nationwide then they would have to discontinue acting for you. In addition, Nationwide and you would have to appoint a new conveyancing practitioner for your conveyancing in Crayford.
I had a mortgage agreed in principle with Aldermore. Crayford conveyancing solicitors were chosen. What is the average time that one could expect to receive a mortgage offer from Aldermore?
Some lenders take longer than others. Have Aldermore done the valuation? Have you advised Aldermore as to your lawyers' details and checked that your lawyers are on the Aldermore conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
My wife and I are at the point of looking at houses in Crayford and I am about to put in an offer. Is it best to have my lawyer on ‘stand by’? I am planning to take a mortgage with Barclays.
You should start requesting conveyancing estimates from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their details on to the estate agent. Given that you are obtaining a mortgage with Barclays, make sure you remember to check that your lawyer is on the Barclays conveyancing panel.
I can not fathom if my bank requires a lease extension. I have telephoned my Crayford building society branch on various occasions and was told they are content with the situation and they will lend. My Crayford conveyancing solicitor - who is on the mortgage company conveyancing panel- called and was told they will not lend in accordance with their published requirements. Who do I believe?
Provided that the conveyancing practitioner is on the lender panel, she or he must comply with the CML Handbook provisions for the lender. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
I moved into my flat on 4 February and my personal details is not yet on the land registry website. Any reason for this? My conveyancing solicitor in Crayford said it would be concluded inside ten days. Are transfers in Crayford uniquely lengthy to register?
As far as conveyancing in Crayford is concerned, registration is no quicker or slower than anywhere else in the country. As opposed to being determined by geographic area, timeframes can differ subject to the party submitting the application, whether it is in order and whether the Land registry communicate with any 3rd persons or bodies. Currently roughly three quarters of submission are completed within two weeks but occasionally there can be longer delays. Historically registration is effected after the new owner is living at the premises so registration formalities is not typically primary concern yet where there is a degree of urgency associated with the registration then you or your lawyers could communicate with the Registry to express the reasoning for an expedited registration.
What does commercial conveyancing in Crayford cover?
Commercial conveyancing in Crayford covers a wide array of guidance, given by regulated solicitors, relating to business property. For example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.
My father has recommend that I instruct his lawyers for conveyancing in Crayford. Should I find my own solicitor?
No doubt it’s preferable to select a conveyancing lawyer is to seek recommendations from friends or family who have used the firm you're contemplating using.