My IFA has asked me for my Deptford solicitor’s panel reference for the HSBC conveyancing panel. What is the best way to obtain this. I have tried my local Deptford office but they cant find it on their system.
You are best placed to get this information from your Deptford solicitor . They maintain a central record lender panel numbers.
Why is leasehold purchase conveyancing in Deptford costs more?
Deptford leasehold properties involve far more paperwork than a freehold purchase, and therefore takes more time to examine and advise upon.Conveyancing will involve the lease having to be checked which is usually a lengthy document, queries raised to ensure that the covenants and conditions have been observed. If it is a flat there will be a management company in existence and the accounts of this will need to be checked and enquiries raised to ensure it is operating efficiently and that all monies due have been paid by the Seller to the company and if not ensuring that money is paid up to date or the appropriate undertakings obtained.
Just acquired a terraced house in Deptford , how long will it take for the Land Registry to register my proprietorship? My Deptford conveyancing solicitor has been very slow, so I want to check the land registry aspects are addressed.
As far as conveyancing in Deptford is concerned, registration is no faster or slower than the rest of the country. As opposed to being determined by geographic area, timescales can vary depending on who lodges the application, whether there are errors and whether the Land registry need to notify any interested parties. At present roughly three quarters of such applications are fully dealt with within 12 days but occasionally there can be longer hold-ups. Registration takes place after the purchaser has moved in to the property therefore 'speed' is not typically primary concern yet if there is a degree of urgency associated with the registration then you or your conveyancer could communicate with the Registry to express the reasoning for the application to be prioritised.
About to purchase a new build apartment in Deptford. Conveyancing is daunting 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 selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Deptford
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Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. 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. Forfeiture - bankruptcy or liquidation must not apply under this provision.
I decided to have a survey done on a property in Deptford before retaining solicitors. I have been told that there is a flying freehold overhang to the house. The surveyor has said that some lenders may not issue a mortgage on such a premises.
It varies from the lender to lender. HSBC has different requirements for example to Nationwide. Should you wish to telephone us we can check with the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Deptford. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Deptford to see if the conveyancing costs will increase in light of this.
I was pointed in your direction by three or four local property agents in Deptford to choose a conveyancer using your seach tool. Is there a financial inducement for Estate Agents to promote your lawyers rather than another?
We don’t offer any financial incentive for pointing buyers and sellers to this site. We thought it would be too underhand to pay a commission because home movers will think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.