I am getting a offer of a home loan from Santander. My intention is to employ the services of a Licensed Conveyancer in Shooter's Hill. Does the Santander Conveyancing panel exclude Licensed Conveyancers?
The Santander approved solicitor list is, like many other lenders, represented by the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the CLC.
My brother-in-law has suggested I instruct a conveyancing solicitor in Shooter's Hill. I I would like to check if they are accepted on the conveyancing panel. Can you advise?
You should e-mail your conveyancer and ask them if they are on the lender panel. Otherwise please get in touch with who may be able to confirm.
The deeds to our house are lost. The lawyers who did the conveyancing in Shooter's Hill years ago have long since closed. What do I do?
As long as the title is registered the details of your proprietorship will be documented by HMLR under a Title Number. It is possible to carry out a search at the Land Registry, find your house and secure up to date copies of the Registered Entries for less than a fiver. Where the title is Leasehold then the Land Registry will also normally retain a file duplicate of the Registered Lease and again, a copy can be obtained for £20 inclusive of VAT.
How does conveyancing in Shooter's Hill differ for new build properties?
Most buyers of new build residence in Shooter's Hill approach us having been asked by the builder to sign contracts and commit to the purchase even before the house is completed. This is because developers in Shooter's Hill typically acquire the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Shooter's Hill or who has acted in the same development.
Yesterday I discovered that there is a flying freehold issue on a property I have offered on a fortnight ago in what should have been a simple, chain free conveyancing. Shooter's Hill is the location of the property. What do you suggest?
Flying freeholds in Shooter's Hill are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Shooter's Hill you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Shooter's Hill may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.