Do the conveyancing practitioners that you recommend conduct right to buy conveyancing in East Dulwich?
We do have a variety of conveyancing lawyers who can handle right to buy transactions Do call us with a view to obtain a costs calculation.
I am considering applying for a TSB mortgage for purchase of a new build (under development) in East Dulwich with 70% loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for TSB ?
There is nothing to stop you using your solicitor, but TSB will insist on their interests being represented by a firm on their conveyancing panel. There is much more potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.
When it comes to mortgage companies such as Yorkshire BS, do East Dulwich lawyers face a fee to be on the conveyancing panel?
We are not aware of any lender fees to register on their list of approved firms, although some do charge an administration charge to deal with the processing of the conveyancing panel submission.
I have paid off my mortgage with UBS. I assume I don't need a East Dulwich lawyer on the UBS panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your UBS mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the UBS mortgage from the register. UBS, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where UBS has sent the Land Registry the discharge electronically, and
- UBS has instructed the Land Registry to do so
After weeks of negotiation I have agreed a price on a house in East Dulwich. My financial adviser suggested a conveyancer. I paid an advanced payment of £175. A couple of days later, the lawyer contacted me to say that they were not on the Coventry BS conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Coventry BS panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
A colleague advised me that if I am purchasing in East Dulwich I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is sometimes quoted for as part of the standard East Dulwich conveyancing searches. It is not a small document of about 40 pages, listing and detailing important information about East Dulwich around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Local Education with plans and statistics, Local Amenities and other useful information regarding East Dulwich.
In my capacity as executor for the estate of my grandfather I am selling a property in Neath but reside in East Dulwich. My conveyancer (based 235 kilometers awayneeds me to sign a stat dec ahead of the transaction finalising. Could you suggest a conveyancing practitioner in East Dulwich to attest this legal document for me?
Technically speaking you should not need to have the documents witnessed by a conveyancing solicitor. Normally any notary public or qualified solicitor will be fine regardless of whether they are located in East Dulwich
I have tried to negotiate informally with with my landlord for a lease extension without getting anywhere. Can a leaseholder apply to the Leasehold Valuation Tribunal? Can you recommend a East Dulwich conveyancing firm to act on my behalf?
Most definitely. We can put you in touch with a East Dulwich conveyancing firm who can help.
An example of a Lease Extension decision for a East Dulwich premises is Flat 1 40-42 Ewelme Road in August 2012. the Tribunal assessed the premium for the lease extension in the sum of £11,800 This case related to 1 flat. The unexpired term was 61.81 years.
What makes a East Dulwich lease unmortgageable?
There is nothing unique about leasehold conveyancing in East Dulwich. Most leases are drafted differently and legal mistakes in the legal wording can sometimes mean that certain sections are wrong. The following missing provisions could result in a defective lease:
-
Maintenance charge proportions which don’t add up to the correct percentage
You may have difficulties when selling your property if you have a defective lease primarily because it impacts on the ability to obtain a mortgage on the property. Santander, The Mortgage Works, and Britannia all have very detailed conveyancing instructions when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is problematic they may refuse to grant the mortgage, obliging the purchaser to pull out.