We opted for a Bromley based solicitor for our conveyancing in Bromley last week. Upon checking the small print I seewe are on the hook for charges even if our purchase aborts. Should I go with them or instruct a web based conveyancing company who offer no completion no cost conveyancing in Bromley?
Generally there is a concession along the lines that if "No Sale No Fee" is offered then the fee levels will tend to be be higher to counteract those cases that do not proceed. Please beware that these offerings rarely protect you from expenditure such as Bromley conveyancing search expenses.
Me and my partner are soon to exchange on the purchase of a property in Bromley but as a result of wreckage from some water damage at the property I have managed to agree compensation from the owner of £3k in the form of a deduction in the price. I had intended this to be dealt with as part of the conveyancing process however TSB are not allowing this. Should they have been informed?
Your lawyer that is on the TSB approved list is obliged to inform TSB of any variations to the sale price. If you were to refuse your property lawyer to report the reduction to TSB then they would have to discontinue acting for you. In addition, TSB and you would have to appoint a new conveyancer for your conveyancing in Bromley.
I am assisting my step-mother sell her flat in Bromley. Does the conveyancing solicitor commission an EPC or do I organise this?
Following the abolition of HIPs, energy assessments was left as a compulsory element of selling a house. An energy performance certificate must be commissioned in advance of the property being placed on the market. It is not a task that lawyers normally organise. Where you are using a Bromley conveyancing solicitor they may help arrange energy assessments given their contacts with reputable local assessors
My husband and I have organised the release of further monies on our mortgage from Bank of Ireland as we want to conduct alterations to our house in Bromley. Do we need to select a nearby Bromley solicitor on the Bank of Ireland conveyancing panel to deal with the legals?
Bank of Ireland do not ordinarily instruct firms on their conveyancing panel to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Bank of Ireland panel.
I have a mortgage with UBS for my property in Bromley. Conveyancing has been completed months 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 BTL mortgage or inform UBS?
UBS must be informed of your intention prior to letting out your property as this is likely to be a breach of UBS’s mortgage conditions. In many cases banks or building societies 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 UBS directly. It should not be necessary to do this via a UBS conveyancing panel lawyer.
I used Action Conveyancing several years ago for my conveyancing in Bromley. Now, I need my files but the law firm has closed. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Bromley of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Just had an offer accepted on a new build apartment in Bromley. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below is a sample of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Bromley
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Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Please supply a car parking plan. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.
How do I identify commercial conveyancing in Bromley?
Option 1 is to ask your friends and family who they would recommend. Option 2 is to look on the internet for conveyancing in Bromley. Call a couple or more firms from the list and request that they send you their conveyancing quote and speak to the lawyer who will conduct your conveyancing before you make your choice. Third is to make use of our search tool to assist you in finding the right lawyers taking into account your unique factors including location,speed, complexity and who your intended lender is.Do not be fooled by £99 conveyancing solicitors in Bromley