We are expecting a mortgage offer soon. The bank mentioned the home loan came with free conveyancing. Does this mean I have to instruct their panel conveyancer as I would prefer to instruct a specialised conveyancing solicitor in Camberwell?
Do check but the chances are that allocate you one of their panel solicitors if you accept the "fee-free" offer. Speak to the bank to explore if they allow a cash alternative. Some banks have previously offered a £250 cashback as an alternative in which case that money can go towards your preferred conveyancing solicitor in Camberwell.
I am helping my aunt sell her house in Camberwell. Will the solicitor commission the energy assessment or it is for me to coordinate?
After the demise of Home Packs, energy assessments became a mandatory part of moving property. An energy performance certificate must be commissioned in advance of the property being marketed. This is not something that solicitors normally organise. Where you are using a Camberwell conveyancing solicitor they might be able to arrange energy assessments due to their relationships with reputable Camberwell providers
When it comes to mortgage companies such as Leeds Building Society, do Camberwell conveyancers incur an annual charge to be on the list of approved solicitors?
We are not aware of any bank fees to be on their list of approved firms, although some do levy an administration charge to deal with the processing of the conveyancing panel application.
Completion of my purchase has taken place for my property in Camberwell. Conveyancing was of an acceptable standard but I feel I should register my dissatisfaction about the lender. How do I make a complaint?
Most lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Services Team at head office. In most cases complaints to a lender are sorted out effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.
Should our lawyer be making enquiries regarding flooding during the conveyancing in Camberwell.
Flooding is a growing risk for conveyancers carrying out conveyancing in Camberwell. Some people will buy a property in Camberwell, completely expectant that at some time, it may suffer from flooding. However, aside from the physical damage, if a property is at risk of flooding, it may be difficult to obtain a mortgage, adequate insurance cover, or sell the premises. Steps can be carried out during the course of a property purchase to forewarn the buyer.
Conveyancers are not qualified to offer advice on flood risk, however there are a various searches that may be carried out by the purchaser or on a buyer’s behalf which can give them a better appreciation of the risks in Camberwell. The standard information sent to a buyer’s lawyer (where the Conveyancing Protocol is adopted) includes a usual question of the seller to determine whether the premises has ever been flooded. If the residence has been flooded in past and is not revealed by the seller, then a buyer could issue a legal claim for losses as a result of such an misleading response. A buyer’s lawyers will also order an environmental report. This should reveal if there is any known flood risk. If so, further inquiries will need to be carried out.
How does conveyancing in Camberwell differ for new build properties?
Most buyers of new build property in Camberwell contact us having been asked by the developer to exchange contracts and commit to the purchase even before the premises is constructed. This is because new home sellers in Camberwell typically acquire 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 Camberwell or who has acted in the same development.
I was pointed in your direction by a number of selling agents in Camberwell to choose a solicitor on your site. Is there a financial upside for Estate Agents to market your lawyers rather than another?
We refuse to make any commission for pointing buyers and sellers to this site. We found it would be just too difficult a fee because home movers will think, ‘How come the agent getting a kickback? Why aren’t I receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
Do online conveyancing companies do everything a high street Camberwell solicitor does or do I still need to use a solicitor for the final stages for my conveyancing in Camberwell?
If you instruct an online conveyancer they should cover all the tasks your Camberwell solicitor will cover.