Will lawyers request an advanced payment for my conveyancing in Old Ford?
Where you are retaining lawyers for conveyancing in Old Ford your lawyer will request that you place them with funds to cover the search fees. Normally this is requested to cover the fees of the conveyancing searches. When the down payment is payable against the purchase price then this will be needed immediately ahead of contracts are exchanged. The final balance that is needed will be payable shortly before completion.
My apartment in Old Ford is up for sale and I have a purchaser. Will the conveyancing practitioner have to be on the Clydesdale conveyancing panel in order to deal with repayment of my mortgage?
Ordinarily, even if your lawyer is not on the Clydesdale 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 panel criteria fairly frequently at the moment.
I am buying a property in Old Ford. One unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Aldermore be concerned?
Given that your lender is Aldermore your lawyer must comply with the conveyancing instructions set out in Part two of UK Finance Lenders’ Handbook for Aldermore. The Council of Mortgage Lenders’ Handbook stipulates minimum conditions for solar panel roof-space leases, and solicitors are required to report to Aldermore where a lease does not satisfy these specifications. The conditions relate to the installation of panels on properties in England and Wales and is not limited to Old Ford.
I am expecting a OIP from Nationwide this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Nationwide recommend any Old Ford solicitors on the Nationwide conveyancing panel, or is it better to go independently?
You will need to appoint Old Ford solicitors independently although you'll need to choose one on the Nationwide conveyancing panel. The solicitor represents both you and Nationwide through the process.
I have paid off my mortgage with RBS. I assume I don't need a Old Ford property lawyer on the RBS panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your RBS mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the RBS mortgage from the register. RBS, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where RBS has sent the Land Registry the discharge electronically, and
- RBS has instructed the Land Registry to do so
Do commercial conveyancing searches disclose proposed roadworks that could impact a commercial land in Old Ford?
Many commercial conveyancing solicitors in Old Ford will carry out a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in sourcing accurate data on highways that impact buildings and development assets in Old Ford. The report provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Old Ford.
For every commercial conveyancing transaction in Old Ford it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately can cause delays to Old Ford commercial conveyancing transactions as well as pose a risk to future intentions for the site. These searches are not conducted for domestic conveyancing in Old Ford.
My uncle has recommend that I instruct his lawyers for conveyancing in Old Ford. Should I use them?
No doubt the ideal way to select a conveyancing practitioner is to get guidance from friends or family who have actually experience in using the conveyancer that you are contemplating using.