My best friend’s brother is a solicitor. I suspect that I will receive mate’s fee for conveyancing, but if not, what kind of figure would I typically be looking at for conveyancing in Lambeth?
Do contrast pricing. Make use of our comparison tool on this site. You will notice that fees may be different but service levels do are distinct between property lawyers as is true with the vast majority of professional services.
We are expecting a mortgage offer soon. The bank mentioned the home loan came with free conveyancing. Is the implication that I have to use their panel conveyancer as I would prefer to use a local conveyancing solicitor in Lambeth?
You should check but the the probability is that give you one of their panel solicitors should you take up the "fee-free" deal. Speak to the lender and determine if they make available a monetary alternative. In the past a few mortgage companies offered a £250 cashback as an alternative in which case you could put that amount towards your preferred conveyancing solicitor in Lambeth.
I purchased a terraced Victorian property in Lambeth. Conveyancing practitioner represented me and Coventry Building Society. I did a free Land Registry search last week and I saw a couple of entries: one for freehold, another for leasehold with the exact same address. If a house is not a freehold shouldn't I have been informed?
You should assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Lambeth and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the situation with the conveyancing practitioner who conducted the conveyancing.
My uncle has suggested that I appoint his conveyancing solicitors in Lambeth. Should I choose my own property lawyer?
There are no two ways about it the best way to select a conveyancing practitioner is to get referrals from friends or family who have previously instructed the solicitor you're considering.
I am a negotiator for a long established estate agent office in Lambeth where we have experienced a number of flat sales derailed as a result of short leases. I have been given inconsistent advice from local Lambeth conveyancing solicitors. Please can you shed some light as to whether the owner of a flat can commence the lease extension process for the purchaser on completion of the sale?
Provided that the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the buyer can avoid having to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or simultaneously with completion of the sale.
Alternatively, it may be possible to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
After months of negotiations we are unable to agree with our landlord on how much the lease extension should cost for our flat in Lambeth. Can we issue an application to the Residential Property Tribunal Service?
Absolutely. We can put you in touch with a Lambeth conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Lambeth flat is Flats 12A & 19, Evelyn Mansions Carlisle Place in June 2009. The Tribunal held that the price to be paid for the new lease of Flat 12A is £168,824, For the other flat the price was set at £169,110 This case affected 2 flats. The unexpired term as at the valuation date was 56 years.
I have recently had an offer accepted on an apartment in Lambeth and the estate agent that we are dealing with suggested his solicitor. She quoted a thousand pounds plus VAT and 3rd party costs. Does this sound expensive?
Don't just go on 1 estimate. One should seek like-for-like quotes for your conveyancing in Lambeth. Then choose one that you are comfortable with and just as important, is on the approved panel of the lender that you have applied for a mortgage from.