lenderpanel

Find a Streatham Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Streatham? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Streatham conveyancing at risk of delay or failure.

Only LenderPanel.com provides a subset of authorised Streatham conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Streatham

Having sold my house in Streatham last November but our buyer keeps Skype messaging daily to say his conveyancer is waiting to hear from mine. What are the post completion sale formalities now that I have sold?

Following your sale your lawyer should deliver the transfer deeds and all supplemental paperwork to the purchaser's solicitors. Where relevant, your lawyer must also send confirmation that the home loan has been redeemed to the purchasers lawyers. There are no post completion procedures specific conveyancing in Streatham.

Have purchased a a terraced house in Streatham , how long will it take for the Land Registry to deal with the formalities evidencing the transfer to my name? My Streatham conveyancing solicitor works at snail pace, so I want to be sure that my purchase is recorded.

As far as conveyancing in Streatham registration is no faster or slower than anywhere else in the country. Rather than based on location, timescales can adjust depending on the party submitting the application, whether there are errors and whether the Land registry have to notify any third parties. As of today roughly 80% of submission are fully addressed in less than three weeks but some can be subject to protracted delays. Historically registration occurs once the buyer has moved in to the property so post completion formalities is not typically an essential issue but where there is a degree of urgency associated with the registration then you or your conveyancer could communicate with the Registry to express the reasoning for the application to be prioritised.

I've recently found out that there is a flying freehold issue on a house I have offered on a fortnight ago in what was supposed to be a simple, chain free conveyancing. Streatham is where the house is located. Can you shed any light on this issue?

Flying freeholds in Streatham are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Streatham you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Streatham may ascertain 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 premises.

Should I use a Streatham conveyancing practitioner in close proximity to the house I am buying? An old friend can deal with the conveyancing but her office is 400kilometers away.

The primary upside of using a high street Streatham conveyancing firm is that you can visit the firm to sign paperwork, deliver your ID and pester them if necessary. They will also have local intelligence which is a benefit. That being said nothing is more important than finding someone that will pull out all the stops for you. If you know people who used your friend and in the main were impressed that must outweigh using an unfamiliar Streatham conveyancing solicitor solely due to them being local.

I am expecting to complete on the purchase a house in Streatham but as a result of damage from the recent storms I have negotiated compensation from the owner of £2k taking the form of a deduction in the price. This was going to be addressed as part of the conveyancing process yet my mortgage company will not agree to this. Should they have been informed?

Your conveyancer listed on a mortgage company conveyancing panel is obliged to disclose to the bank of any variations to the purchase amount. If you were to refuse your conveyancing practitioner to notify the reduction to your bank then they would need to discontinue acting for you and the lender.

Last updated

Find out more about how flying freehold can affect your the value of a property.