My previous lawyer has given a fee calculation of £1150 for fixed fee conveyancing in Bermondsey. I’m selling a Edwardian property for £200,000. This appears over the top. Is it in excess of the average fee for conveyancing in Bermondsey?
The costs illustration is slightly on the steep side. Where you are happy to spend time contrasting quotes you may be able to shave off some of the expense by say £125. On the other hand, you couldcome to rue opting for an an unknown solicitor. Don't forget to check the conveyancer can act for your bank. You can make use of our search tool to select a Bermondsey conveyancing firm on the banks member panel which can often include conveyancing solicitors in Bermondsey.
I am buying a house mortgage free in Bermondsey. I have lived for the last dozen years in Bermondsey. Conveyancing searches are expensive. As I have knowledge of the area and road intimately should I not bother getting the solicitor to do all the conveyancing searches?
If you not getting a home loan, then all but one or two of the Bermondsey conveyancing searches are at your discretion. Your lawyer will try and sway you, no-doubt strongly, that you should have searches completed, but he is duty bound to take that path of encouragement . One thing to consider; if you are going to sell the house one day, it may be of importance to your future buyer what the searches reveal. Sometimes properties with day to day issues can still throw up unfavourable search results. A competent conveyancing solicitor in Bermondsey should provide you some constructive advice concerning this.
My aunt passed away last year and as sole heir and executor I was left the house in Bermondsey. The house had a relatively small loan remaining of approximately £4500. I want to transfer the title deeds into my name whilst I re-mortgage to Nottingham, pay off the mortgage. Is this allowed?
If you plan to refinance then Nottingham will require that you use a conveyancer on the Nottingham conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Nottingham conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Nottingham mortgage is registered as a charge at the Land Registry.
I am buying a detached bungalow in Bermondsey. Our aim is to carry out a loft conversion at the property.Will the conveyancing process involve enquiries to ascertain if these alterations are permitted?
Your conveyancer should review the deeds as conveyancing in Bermondsey will sometimes identify restrictions in the title deeds which prohibit certain changes or need the permission of a 3rd party. Many extensions call for local authority planning consent and approval in accordance building regulations. Certain locations are designated conservation areas and special planning restrictions apply which frequently prevent or impact extensions. You should check these things with a surveyor ahead of any purchase.
I have today made my last payment due on my mortgage with TSB. I assume I don't need a Bermondsey property lawyer on the TSB panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your TSB mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the TSB mortgage from the register. TSB, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where TSB has sent the Land Registry the discharge electronically, and
- TSB has instructed the Land Registry to do so
I can not fathom if my bank requires a lease extension. I have telephoned my Bermondsey bank branch on numerous occasions and was told it wasn't a problem and they would lend. My Bermondsey conveyancing solicitor - who is on the lender conveyancing panel- telephoned and was told they refuse to lend based on their specific requirements. Who do I believe?
As long as the solicitor is on the lender approved list, she or he must follow the Council of Mortgage Lenders’ Handbook provisions for the lender. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years remaining.
My colleague recommended that where I am purchasing in Bermondsey I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is occasionally included in the estimate for your Bermondsey conveyancing searches. It is not a small document of more than thirty pages, listing and setting out important information about Bermondsey around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with maps and statistics, Local Amenities and other useful data regarding Bermondsey.
Taking into account that I am about to spend hundreds of thousands of pounds on a property in Bermondsey I wish to talk to a solicitor about myhouse move prior to giving the go ahead to the firm. Can this be arranged?
We could not agree more - it is our preference to talk to you we do not take any clients on without you speaking to the conveyancer who will be conducting your conveyancing in Bermondsey.There is no ‘factory style conveyancing’ - each client is an important individual, not a matter number. The law firms that we put you in touch with believe that the figure you are provided with for your conveyancing in Bermondsey should be the amount on the final invoice that you are charged.