I am due to exchange on the purchase of a property in Eltham but as a result of wreckage from some water damage at the property I have was able negotiate recompense from the current proprietors in the sum of £2k in the form of a reduction in the price. This was going to be dealt with as part of the conveyancing process yet Aldermore will not permit this. Why were they notified?
Your conveyancer that is on a Aldermore approved list is duty bound to disclose to Aldermore of any changes to the sale price. If you were to refuse your conveyancing practitioner to report the reduction to Aldermore then they would have to discontinue acting for you. In addition, Aldermore and you would have to appoint a new property lawyer for your conveyancing in Eltham.
Can you explain why leasehold purchase conveyancing in Eltham costs more?
In short, leasehold conveyancing in Eltham and South East London usually warrants additional hours of investigation compared to freehold transactions. This includes lease investigation, communicating with the landlord about serving required notices, securing up-to-date service charge and management information, obtaining the freeholder’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – regardless of the fact the lease has passed through many different property solicitors hands since it was first entered into.
I have an AIP. The lender mentioned the mortgage came with free conveyancing. Is the implication that I have to appoint their panel lawyer as I would prefer to appoint a Eltham based conveyancing firm?
You should check but the chances are that give you one of their panel lawyers if you accept the "fee-free" incentive. Call the mortgage company and check if they make available a monetary alternative. Some lenders have previously offered a £250 cashback as a further option in which case you could put that amount towards the cost for your conveyancing solicitor in Eltham.
I am planning to move property in April. Should my conveyancing solicitor liaise with the removal company on the completion day. On a separate note, can you put forward a removal company in Eltham. Conveyancing firm was found prior to coming across your website.
On the afternoon of completion you will need to pick up the house keys from your selling agent but this can only be done once the vendors lawyers advise the agent that the monies to complete are in and the keys can be collected. Subsequently you can inform the removal men that you are ready to move in. We do not recommend a specific removal company but can assist you in choosing a residential property solicitor in Eltham or a lawyer with expertise in conveyancing in Eltham.
is it true that all Eltham conveyancing solicitors on the Principality conveyancing panel are regulated by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the Principality conveyancing panel they would need to be regulated by the SRA. Many mortgage companies do allow licenced conveyancers on their panel in which case such organisation would be regulated by the Council of Licensed Conveyancers.
I'm at the point of viewing flats in Eltham and I am about to put in an offer. Should I already have a conveyancer appointed at this point? I am planning to take a mortgage with Kent Reliance.
It would be wise to start your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and pass their contact information on to the selling agent. Given that you are seeking a mortgage with Kent Reliance, make sure you remember to check that your lawyer is on the Kent Reliance conveyancing panel.
What tools are available to identify a Eltham solicitor on the Accord Mortgages Ltd conveyancing panel? I am a keen cyclist and am prepared to travel upto 20miles to meet the lawyer.
Feel free to make use of the tool on this website. Please choose the bank and your location and you will see a number of Eltham conveyancing lawyers based on proximity. We have detailed some Eltham conveyancing firms towards the end of this page and you can contact them to check if they are on the Accord Mortgages Ltd panel
If instructed can a conveyancer remove a person from the title of my property in Eltham ?
Removing or adding someone to the title of your home is relatively straightforward. You’ll need to appoint a solicitor to discuss your legal rights before you can proceed with a transfer of property. Contact us to book a free consultation with one a conveyancer