Having been recommended your organisation we were going to use a conveyancing solicitor in Forest Hill recommended by you but have come across some other fee calculations via the web appear less expensive – why is this?
There are lots of conveyancers marketing theoretically looks to be cut price. You should give due consideration as to how important this transaction is to you that you are willing to take 'cheap' risks with regard to the standard of the legal work. Many of them accentuate a bargain quote as a headline but conceal extra charges in the small print..
What is your number one tip for choosing a conveyancing solicitor in Forest Hill
It would be unwise to be seduced by the lowest Forest Hill conveyancing fees. You really do get what you’re paying for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in advance.
Do I select a Licenced Conveyancer or Solicitor for conveyancing in Forest Hill?
There are many recorded licenced Conveyancers in Forest Hill and Solicitor partnerships in Forest Hill who can help with your conveyancing We would stress that the two are regulated professionals specialising in the legal aspects of transferring property. The two can conduct other property legal work such as remortgage conveyancing, lease extensions and transfer of equity conveyancing.
It is not clear whether my bank requires a lease extension. I have called into my local Forest Hill bank branch on a couple of occasions and was reassured it wasn't an issue and they will lend. My Forest Hill conveyancing solicitor - who is on the bank conveyancing panel- called to say that they will not lend in accordance with their UK Finance Lenders’ Handbook minimum lease term requirements. Who do I believe?
Your conveyancer has to comply with the Council of Mortgage Lenders’ Handbook section two provisions for your lender. Unless your lawyer obtains specific confirmation in writing that the mortgage company will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years remaining.
My wife and I purchased a 4 bedroom Georgian property in Forest Hill. Conveyancing solicitor represented me and HSBC Bank. I happened to do a free search for it on the Land Registry database and there are a couple of entries: the first freehold, another for leasehold under the matching address. If a house is not a freehold shouldn't I have been informed?
You should review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Forest Hill and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also question the position with the conveyancing lawyer who conducted the conveyancing.
I am looking for a flat up to £195,000 and found one round the corner in Forest Hill I like with a park and transport links nearby, the downside is that it's only got 49 years on the lease. I can't really find anything else in Forest Hill for this price, so just wondered if I would be making a mistake acquiring a lease with such few years left?
Should you need a mortgage that many years will likely be an issue. Reduce the price by the anticipated lease extension will cost if it has not already been discounted. If the current owner has owned the premises for a minimum of 2 years you may ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer regarding this.
Given that I am about to part with hundreds of thousands of pounds on a property in Forest Hill I wish to have a conversation with the conveyancer regarding thetransaction before appointing the firm. Can this be arranged?
Absolutely - it is our preference to talk to you we do not take any clients on without you first talking to the solicitor who will be conducting your property ownership legalities in Forest Hill.There is no ‘factory style conveyancing’ - each client is unique individual, not a file number. The solicitors that we put you in touch with believe that the figure you are provided with for your conveyancing in Forest Hill should be the amount on the final invoice that you are charged.
My husband and I are 3 weeks into a leasehold purchase having been directed to a firm by the selling agent to execute conveyancing in Forest Hill. I am am starting to be dissatisfied with the level of service. Could you help me find new lawyers?
They would have to be really poor to suggest replacing them. Has your loan offer been sent? If so you need to make them aware of the replacement conveyancer and ensure the offer are re-sent. Your new conveyancer needs to be on the lenders approved list to avoid added charges and delays. So that should be your starting point. Our search tool can assist you in finding a lender approved conveyancer for your home move in Forest Hill