I plan on acquiring an apartment in Hersham. My Solicitor is not on the mortgage company solicitor list. Can I still continue with my Hersham conveyancing solicitor even though they are not on the bank panel?

You have numerous alternatives open to you here

• Complete the purchase with your preferred Hersham but your mortgage company will need to appoint a from their approved list. The net result is additional cost together with likely delay.
• Choose a new to act in the purchase, making sure they are on the mortgage company conveyancing panel.
• Appeal to your to apply to join the bank panel

Is it realistic for conveyancing in Hersham to be completed in less than 3 weeks?

Where you are under a tight deadline to complete we would recommend that your conveyancer is familiar with the location as they will have local contacts and knowledge. It is even conceivable that they may have transacted previoushouses in the same street. Therefore consider using a Hersham conveyancing solicitor. In addition, check that the lawyer is on the on the approved list for your mortgage company. It is claimed that just under twenty per cent of Hersham conveyancing deals are delayed or jeopardised after finding out that a buyer’s conveyancer was not on their banks list of approved solicitors. This can often result in the conveyancing being delayed by an average of three weeks. It is estimated that this issue impacts approximately 100,000 home sales every year. Almost all Hersham conveyancing practices can not represent certain banks so do check at the outset.

How does conveyancing in Hersham differ for newly converted properties?

Most buyers of new build property in Hersham contact us having been asked by the builder to sign contracts and commit to the purchase even before the residence is constructed. This is because house builders in Hersham tend to buy the site, 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 property lawyers 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 Hersham or who has acted in the same development.

I am looking for a conveyancing lawyer in Hersham for my house move. Is there any facility to review a solicitor's record with the legal regulator?

You can review documented Solicitor Regulator Association (SRA) decisions resulting from investigations commenced on or after Jan 2008. Visit Check a solicitor's record. To find records about the period before 1 January 2008, or to check a firm's history, telephone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, dial +44 (0)121 329 6800. The SRA sometimes recorded telephone calls for training purposes.

Hersham Leasehold Conveyancing - Sample of Queries before buying

How much is the ground rent and service charge? You should be aware if it is less than eighty years it will affect the value of the flat. It is worth checking with your bank that they are happy with remaining years on the lease. Leases with fewer than 80 years remaining means that you will almost definitely have to extend the lease at some point and you need to have some idea of how much this would cost. Remember, in most cases you will need to own the premises for two years in order to be entitled to extend the lease.