Why is leasehold purchase conveyancing in Beckenham is more expensive?
The conveyancing costs for a leasehold property in Beckenham is inevitably more expensive when contrasted to a freehold transaction. This is because there is an amount of additional time necessary in communicating with the landlord and managing agents to collate the evidence concerning whether the rent and maintenance fee have been discharged and whether there are any large sums expected to be spent in the foreseeable future on repairs or maintenance of the building.
Do the Building Society Association intend to launch a search tool with a view to list solicitors on the Coventry BS conveyancing panel for example in Beckenham?
We are not aware of any intention on the part of the BSA to promote such a search facility.
I am assisting my mother sell her property in Beckenham. Does the solicitor arrange the energy performance certificate or should I organise this?
After the abolition of Home Packs, energy performance certificates became a compulsory element of selling a property. An EPC should be to hand in advance of the property being advertised. This is not a task that law firms normally organise. If you are instructing a Beckenham conveyancing lawyer they may be willing to arrange EPC’s given their relationships with reputable Beckenham providers
I'm the only beneficiary of my late grandmother’s estate and I have everything in my name now, including the my former home in Beckenham. Conveyancing formalities meant that the Land Registry date was in March. I want to move. I do know about the Mortgage Lenders six month 'rule', meaning my property ownership may be considered the same way as though I had purchased the house in March. Do I have to wait 6 months to sell?
The Council of Mortgage Lenders’ handbook obliges conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you might be caught by that. Most lenders would take a pragmatic view as this requirement is principally there to pick up on subsales or the quick reselling of property.
We have agreed to purchase a house in Beckenham. An unusual aspect is that the roof has a solar panel. Coventry BS have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As you are obtaining a mortgage with Coventry BS your lawyer must follow the conveyancing instructions contained in Section 2 of UK Finance Lenders’ Handbook for Coventry BS. The CML Handbook stipulates minimum provisions for solar panel roof-space leases, and lawyers are required to report to Coventry BS where a lease does not satisfy these provisions. The provisions relate to the installation of panels on properties countrywide and is not isolated to Beckenham.
four months have gone by following my purchase conveyancing in Beckenham took place. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I'm remortgaging my current house to a buy to let loan with The Mortgage Works and intend to use the remaining equity towards further property. The area we are interested in is Beckenham. Will your conveyancers be able to act for the two mortgage companies and link together the conveyances?
Make use of our comparison tool on this site to ensure that the conveyancers are on the appropriate lender panels. Having checked that they are the solicitor will be able to tie up the two conveyancing matters but you should have a chat with you lawyer and communicate your desired outcome and needs.
I am using a search engine for the phrase cheap conveyancing in Beckenham it reveals numerous solicitorsin the vicinity. With so much choice what is the best way to find the right solicitor for the sale of my house?
The preferential way of seeking a suitable conveyancer is through a personal recommendation, so enquire of friends and those you trust who have purchased a property in Beckenham or the reputable estate agent or financial adviser. Fees for conveyancing in Beckenham vary, so it's a good idea to secure at least three quotes from varying types of companies. Dont forget to clarify what costs in the quote includes.