Why do I have to pay up front when it comes to conveyancing in Catford?
If you are buying a property in Catford your solicitor will request that you place them with monies to cover the search fees. This will be the total of the cost of the Local Authority Search. When the deposit is as part of the purchase price then this should be asked for immediately before contracts are exchanged. The final balance that is due should be sent to your lawyer shortly before completion.
The deeds to our house are lost. The solicitors who dealt with the conveyancing in Catford 4 years ago no longer exist. What are my options?
Nowadays there are copies made of almost everything, and your solicitor should know precisely where to locate all the relevant paperwork so you may buy or dispose of your property without a hitch. Where duplicates can’t be located, your conveyancer may be able to put in place insurance or indemnities against future claims on the property.
I am buying a new build house in Catford with a loan from Barclays Direct. The sellers refused to reduce the amount so I negotiated £7000 of additionals instead. The sale representative advised me not disclose to my conveyancer about the deal as it may affect my mortgage with the lender. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I've recently found out that there is a flying freehold element on a house I put an offer in last month in what was supposed to be a quick, no chain conveyancing. Catford is the location of the property. What do you suggest?
Flying freeholds in Catford are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Catford you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Catford 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 property.
I am looking to sell my house. My past solicitors has retired. I am in need of a recommendation of a conveyancing firm. Im based in Catford if that affects matters.
Please use our search tool to help you find a solicitor for your conveyancing in Catford. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes smoothly.
What is the average legal costs for conveyancing in Catford?
The average cost last year for conveyancing in Catford was £1,395 excluding Land Tax and HM Land Registry charges.