We are planning to acquire a house and need a conveyancing solicitor in Catford who is on the Coventry BS conveyancing panel. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Coventry BS . We don't recommend any particular firms conducting conveyancing in Catford.
Please help - my lawyer says that absentee landlord insurance is needed on my purchase. What is the level of cover for Catford conveyancing?
The appropriate level of absentee landlord indemnity insurance should be dictated by who who your lender is. It would differ for example between Yorkshire Building Society and Leeds Building Society. Conveyancing practitioners as opposed to members of the public take out such policies.
Is it the case that all Catford CQS (Conveyancing Quality Scheme) solicitors are on the UBS conveyancing panel?
Some major banks and building societies now make use of CQS as the kick off point for Panel membership such as HSBC and Santander. The Law Society’s CQS accreditation however gives no guarantee to lender panel acceptance. That being said,the CML have indicated that it is likely to become a pre-requisite for solicitors wishing to join their panels.
I currently have a mortgage with UBS for my property in Catford. Conveyancing was finalised 12 months ago. Should I wish to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform UBS?
You must advise UBS prior to letting out your property as this is likely to be a breach of UBS’s mortgage conditions. It may be that UBS 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 firm.
How does conveyancing in Catford differ for newly converted properties?
Most buyers of new build or newly converted property in Catford come to us having been asked by the developer to sign contracts and commit to the purchase even before the residence is ready to move into. This is because house builders in Catford usually buy the land, 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 conveyancing solicitors 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 Catford or who has acted in the same development.
What does commercial conveyancing in Catford cover?
Non domestic conveyancing in Catford incorporates a broad array of services, offered by qualified solicitors, relating to business property. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.
Am I better off to choose a Catford conveyancing solicitor in close proximity to the house I am purchasing? We have a good friend who can carry out the conveyancing however they are based 300kilometers away.
The benefit of a local Catford conveyancing firm is that you can attend the office to execute paperwork, present your ID and pester them if necessary. They will also have local insight which is a bonus. However it's more important to get someone that will do a good and efficient job. If other friends have used your friend and they were happy that should surpass using an unfamiliar Catford conveyancing lawyer solely due to them being local.
The property lawyers undertaking our conveyancing in Catford has sent papers to review that state the property is unregistered with epitome documents. How can it be that the property not registred at the Land Registry?
Whilst most properties in Catford are now registered with HM Land Registry there are still a few that remain unregistered. Any property in Catford that has been transferred since the late 1980’s will have been registered at the Land Registry under the compulsory ‘first registration’ scheme. However, if a Catford property has not changed hands in that time then it’s likely the old fashioned title deeds will be the only evidence of ownership.Plenty of Catford conveyancing practitioners will be able to handle such matters but if any uncertainty prevails the standard proposition presently is for the seller’s conveyancer to register it first and subsequently deal with the transfer to the buyer - this undoubtedly cause a significant delay.