Do conveyancers ask for money on account when it comes to conveyancing in Welling?

Where you are retaining lawyers for conveyancing in Welling your lawyer will ask you place them with monies to cover the the cost of the conveyancing searches. Generally this is called for to cover the fees of the conveyancing searches. If any deposit is as part of the purchase price then this will be asked for shortly before exchange of contracts. The final balance that is needed will be payable a few days prior to the day of completion.

Is it the case that all Welling solicitors on the RBS conveyancing panel are regulated by the SRA?

As a firm of solicitors, in order to be on the RBS conveyancing panel they would need to be regulated by the Solicitors Regulatory Authority. Many mortgage companies do allow licenced conveyancers on their panel and in that case the practice would be regulated by the CLC.

I am expecting a AIP from RBS this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do RBS recommend any Welling solicitors on the RBS conveyancing panel, or is it better to find our own lawyer?

You will need to appoint Welling solicitors independently although you'll need to choose one on the RBS conveyancing panel. The solicitor represents both you and RBS through the process.

I have a mortgage with TSB for my property in Welling. Conveyancing has been completed some time ago. In the event that I decide to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform TSB?

TSB must be informed of your intention prior to renting your property as this is likely to be a breach of TSB’s mortgage conditions. It may be that TSB will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact TSB directly. You need not do this via a TSB conveyancing panel lawyer.

I have recentlybecome aware that Action Conveyancing have been shut down. They carried out my conveyancing in Welling for a purchase of a leasehold flat 12 months ago. How can I check that my home is registered correctly in the name of the previous owner?

The easiest way to see if the premises is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Welling conveyancing specialists.

Are there any apps to assist me to search for a Welling solicitor on the National Westminster Bank conveyancing panel? I have wheels and am willing to travel upto 10kilometers to meet the solicitor.

Feel free to make use of the tool on this website. Please pick a bank and your location and you will see a number of Welling conveyancing lawyers based on proximity. We have detailed some Welling conveyancing firms at the bottom of this page and you can contact them to verify if they are on the National Westminster Bank approved list

What are your top tips when it comes to choosing a Welling conveyancing practice to deal with our lease extension?

When appointing a conveyancer for your lease extension (regardless if they are a Welling conveyancing firm) it is imperative that he or she should be familiar with the legislation and specialises in this area of conveyancing. We advise that you make enquires with two or three firms including non Welling conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then so much the better. The following questions could be of use:

If the firm is not ALEP accredited then what is the reason?

I have tried to negotiate informally with with my landlord to extend my lease without any joy. Can the Leasehold Valuation Tribunal decide on such issues? Can you recommend a Welling conveyancing firm to assist?

Most certainly. We can put you in touch with a Welling conveyancing firm who can help.

An example of a Lease Extension matter before the tribunal for a Welling premises is 103a Footscray Road in January 2014. The tribunal determines that the premium payable for the extended lease should be £34,500 according to the expert witness valuation calculation This case was in relation to 1 flat.