At what point will exchange of contracts happen for sale conveyancing in West Ewell and am I required to be at the lawyers branch?

If you are near to one of the conveyancing solicitors in West Ewell you are welcome to come in to sign contracts. However, the firms we work with offer countrywide coverage for conveyancing and give as equally detailed and professional a job for you when communicating with you by post or email. The signing of the contract is not when everything is set in stone. A signed contract is just a prerequisite for the conveyancer to exchange contracts when the time is right, which will usually be very shortly after signing. The procedure is is usually a five minute process, although where a long "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in West Ewell)to be in the office at the appropriate time.

What happens if my solicitor is suspended from the Skipton Conveyancing panel ahead of completing my conveyancing in West Ewell?

First, 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.

We are purchasing a property in West Ewell. I might seem paranoid but how we can trust a solicitor? On completion day we have to send funds into their account. What is the protection we have from them run away with our deposit?

Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.

I am the single beneficiary of my late father’s estate and I have everything in my name alone, including the my former home in West Ewell. The West Ewell property was put into my name in December. I want to move. I do know about the CML six month 'rule', which means that my proprietorship will be regarded the same way as if I'd bought the property in December. Will no one buy the property for half a year?

The Council of Mortgage Lenders’ handbook mandates conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you may be impacted by that. Some banks would take a practical view as this provision chiefly exists to identify subsales or the flipping of property.

My husband and I have organised the release of further monies on our home loan from Santander as we intend to conduct improvements to our home in West Ewell. Do we need to select a bricks and mortar West Ewell solicitor on the Santander conveyancing panel to handle the legals?

Santander would not normally appoint firms on their conveyancing panel to handle the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Santander list.

I understand that there are debates on Chancel Insurance on online forums. Do I require chancel insurance when buying a property in West Ewell? or I am told that there is a law dating back centuries that means some house owners residing in a parish church boundary may be liable to pay for repairs to the chancel within the church. Is this applicable for conveyancing in West Ewell?

Unless a previous purchase of the property completed post 12 October 2013 you may expect solicitors conducting conveyancing in West Ewell to continue to suggest a chancel search and or insurance against a claim.

I'm buying my first flat in West Ewell with a loan from National Westminster Bank. The developers refused to budge the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The property agent suggested that I not to tell my solicitor about the extras as it will impact my loan with the lender. Is this normal?.

All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.