I am under pressure from the executor of a property in Petersham to complete within four weeks. What can I do to speed up matters?
In a situation where you are under pressure for your conveyancing we would recommend that your conveyancer is familiar with the location as they will have local relationships and knowledge. It is possible that they may have transacted otherhouses in the same road. You would be best advised to use a Petersham conveyancing solicitor. In addition, double check that the conveyancing firm is on the on the approved list for your mortgage company. It is claimed that nearly one in five of Petersham conveyancing deals are frustrated or derailed after finding out that a purchaser’s conveyancer was not on their mortgage lender’s list of approved solicitors. This can often result in the legal process being held up by almost 21 days. It is claimed that this issue affects approximately one hundred thousand home moves every year. Almost all Petersham conveyancing firms can not represent certain banks so do check at the outset.
At what point will exchange of contracts happen for purchase conveyancing in Petersham and do I need to be at the lawyers branch?
Where you are in close proximity to our conveyancing solicitors in Petersham you are welcome to come in to sign contracts. That being said, the law practices we recommend supply a nationwide conveyancing service and give just as comprehensive and professional a job for you when communicating with you digitally. The executing of the sale agreement is not the point of no return. A signed contract simply enables the firm to exchange contracts at the appropriate time, which will usually be very shortly after signing. The procedure is is usually a five minute process, although where a long "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Petersham)to be in the office available at the end of the phone to exchange contracts.
I have Fifty Six years remaining on my lease and need a lease extension for my apartment in Petersham. Conveyancing solicitors on the Accord Mortgages panel can deal with such extensions correct?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing a mortgage then your lender may insist that the lease be extended before competition. Accord Mortgages have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 30/10/2024 the requirements read as follows :
I am purchasing a detached bungalow in Petersham. Our aim is to an extension at the rear at the house.Will the conveyancing process include investigations to ascertain if these alterations are permitted?
Your conveyancer should review the registered title as conveyancing in Petersham will sometimes identify restrictions in the title deeds which restrict certain changes or necessitated the consent of another owner. Some extensions call for local authority planning consent and approval under the building regulations. Certain areas are designated conservation areas and special planning restrictions apply which frequently prevent or affect extensions. You should check these things with a surveyor before you commit yourself to a purchase.
is it true that all Petersham conveyancing solicitors on the Santander conveyancing panel are overseen by the Solicitors Regulatory Authority?
As solicitors, in order to be on the Santander approved list of solicitors they would need to be governed by the Solicitors Regulatory Authority. The majority of banks do permit licenced conveyancers on their panel in which case such organisation would be governed by the CLC.
I am due to exchange contracts on my apartment. I had a double glazing fitted in March 2008, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, TSB are being difficult. The Petersham solicitor who is on the TSB conveyancing panel is saying indemnity insurance will be fine but TSB are insisting on a building regulation certificate. Why do TSB have a conveyancing panel if they don't accept advice from them?
It is probably the case that TSB have referred the matter to their valuer. The reason why TSB may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
Are there restrictive covenants that are commonly picked up during conveyancing in Petersham?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Petersham. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’