I have given 8 weeks notice to my existing landlord and have to vacate my let out property in Tadworth by the end of next month. Conveyancing on my purchase is progressing. Can I complete in 5 weeks as don't want to have to find short term accommodation?
It is unwise to give notice for your letting until exchange of contracts has taken place. If you have not previously done so, speak to your lawyer and request that they cajole the owners lawyers, try to a target completion date that everyone will look towards
Is it the case that all Tadworth solicitor practices on the HSBC conveyancing panel are governed by the SRA?
As solicitors, in order to be on the HSBC conveyancing panel they would need to be overseen by the Solicitors Regulatory Authority. Some lenders do list licenced conveyancers on their panel in which case such practice would be overseen by the Council of Licensed Conveyancers.
I recently had an offer agreed on an apartment in Tadworth. My financial adviser pressured me to appoint their property lawyer. I paid an on account payment of £175. Soon after, the property lawyer called me sheepishly admitting that they were not on the Co-operative conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Co-operative panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
UBS have agreed my home loan in principle, my offer on a flat in Tadworth has been agreed to, what are the next steps?
The property agent will wish to know who your solicitors are (be sure the lawyers are on the bank’s approved list). Call up UBS or the broker and finish off any outstanding forms. UBS will appoint a valuer who will get in contact with the selling agent or vendor to schedule an appointment. Once conducted (assuming no problems) it takes on average ten days for the mortgage offer to be issued. UBS will send the offer to you and your lawyers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Tadworth.
How does conveyancing in Tadworth differ for newly converted properties?
Most buyers of new build property in Tadworth approach us having been asked by the developer to exchange contracts and commit to the purchase even before the property is finished. This is because developers in Tadworth typically purchase 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 Tadworth or who has acted in the same development.
Do I need to be concerned that third parties that I am dealing with are encouraging me to use a national conveyancing firm rather than a High Street Tadworth conveyancing practice?
As is the case with lots of service providers, often referrals from family and friends can be extremely useful or valuable. Yet there are lots of people with a keen interest in a conveyancing transaction; estate agents, mortgage brokers and lenders may put forward lawyers to instruct. On occasion the conveyancers might be known to one of the organisations as being good in their field, but occasionally there may be a financial incentive behind the recommendation. You are at liberty to choose your own lawyer. Don't forget that the majority of mortgage providers operate an approved list of lawyers you must use for the mortgage related work in your transaction.
In sourcing the internet for the term conveyancing in Tadworth it shows results of numerous solicitorslocally. With so much choice what is the best way to find the right conveyancer for the sale of my house?
The best way of finding a suitable conveyancer is via trusted referral, so seek the counsel of friends and relatives who have acquired a property in Tadworth or the reputable estate agent or financial adviser. Charges for conveyancing in Tadworth differ, so it's sensible to request at least four fee estimates from varying types of companies. Make sure that you clarify that the charges are guaranteed not to rise.