What happens if my lawyer’s firm is removed from the Nationwide Conveyancing panel ahead of completing my conveyancing in Honor Oak?

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 at a cost.

Do I select a Licenced Conveyancer or Solicitor for conveyancing in Honor Oak?

There are many recorded licenced Conveyancers in Honor Oak and Solicitor firms in Honor Oak to choose from We would stress that both are regulated professionals specialising in the legal aspects of transferring property. They may both also deal with other property legal work such as remortgage conveyancing, lease extensions and transfer of equity conveyancing.

Intending to buy a apartment in Honor Oak. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Clydesdale conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.

They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Honor Oak conveyancer is on the Clydesdale conveyancing panel.

Having read lots of house buying guides, I note that they all recommend that you should get your house surveyed prior to buying it. When I asked my local Honor Oak solicitor - who is on the Nationwide conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?

Nationwide will need an independent valuation of the property. Your lawyer will not arrange this. Usually Nationwide will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Honor Oak surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.

Do commercial conveyancing searches reveal proposed roadworks that could impact a commercial premises in Honor Oak?

Its becoming the norm that commercial conveyancing solicitors in Honor Oak will perform a SiteSolutions Highways report as it reduces the time that conveyancers spend in looking into accurate data on highways that impact buildings and development assets in Honor Oak. The search result 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 Honor Oak.

For every commercial conveyancing transaction in Honor Oak it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately can cause delays to Honor Oak commercial conveyancing transactions as well as present a risk to future intentions for the site. These searches are not ordered for domestic conveyancing in Honor Oak.

Have completed on a a detached house in Honor Oak , What is the estimated time for the Land Registry to register my proprietorship? My Honor Oak conveyancing solicitor works at snail pace, so I want to be certain the land registry aspects are addressed.

There is nothing unique when it comes to conveyancing in Honor Oak registration formalities. As opposed to being determined by geographic area, timescales can vary according to the party submitting the application, whether there are errors and whether the Land registry communicate with any interested parties. At present roughly 80% of such applications are fully addressed within two weeks but some can be subject to longer delays. Registration is effected after the buyer is living at the premises thus 'speed' is not typically top priority yet where there is a degree of urgency associated with the registration then you or your lawyers should speak with the land registry and explain the circumstances.

Just had an offer accepted on a new build apartment in Honor Oak. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.

Set out below are examples of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Honor Oak

Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please confirm the Lease plans are surveyor prepared. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.