My previous lawyer has sent a quote for £995 for no sale no fee conveyancing in Balham. I’m looking to sell a purpose built detached home for £300,000. This seems overpriced. Is it in excess of the norm for conveyancing in Balham?
The charges are a little high. Where you are content to invest time scrutinising fee on a like for like basis you could shave off some of the cost by as much as £100 plus VAT. On the other hand, you mightlive to rue choosing an an unknown conveyancer. Remember to enquire that the solicitor can act for your mortgage company. You can make use of our search tool to find a Balham conveyancing firm on the banks approved list of lawyers which can often include conveyancing solicitors in Balham.
Is it possible for conveyancing in Balham to be concluded in under two weeks?
In the event that you are under time constraints to exchange we would recommend that your conveyancer is familiar with the area as they will benefit local contacts and intelligence. It is possible that they may have handled previoushomes in the same street. Therefore consider using a Balham conveyancing firm. Second, double check that the conveyancing firm is on the member panel. It is said that 18% of Balham conveyancing deals are delayed or derailed after finding out that a buyer’s solicitor was not on their mortgage lender’s list of approved solicitors. In many cases this discovery resulted in the legal transfer of property being delayed by almost three weeks. It is said that this issue impacts approximately 100,000 home moves annually. Many Balham conveyancing practices can not act for certain mortgage companies so do check at the outset.
Are there restrictive covenants that are commonly picked up during conveyancing in Balham?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Balham. 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…’
I've recently found out that there is a flying freehold issue on a house I have offered on last month in what was supposed to be a quick, chain free conveyancing. Balham is the location of the property. Can you shed any light on this issue?
Flying freeholds in Balham are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Balham you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Balham may decide 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.
Hoping to buy a property located in Balham and I am already nervous. I couldn't find anything specific about Balham. Conveyancing will be needed in due course but do you know about the Balham area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Balham. In the meantime here are some basic statistics that we found
I am purchasing a ground floor flat in Balham. Conveyancing lawyer has been waiting for, from the seller, building insurance schedule. This afternoon I was advised that the owner must forward the insurance documents for the flat above also. Why would my lawyer need to review the insurance for the other flat? Is it strictly necessary? We have been waiting for the last fortnight…
It is not unheard of in leasehold conveyancing in Balham to discover Conveyancing in Balham in a minority of cases reveals that the lease obliges the tenant's to insure their individual flats rather than the freeholder insuring the entire block - which is clearly better. Do double check with your conveyancing practitioner but it would seem that your conveyancing practitioner is attempting to verify that the entire building is insured. Insuring a ground floor apartment is no help when it comes to rebuilding after a fire if the other flat cannot be reconstructed for lack of insurance cover.