The solicitor who dealt with my last purchase has quoted £1400 for freehold conveyancing in Lewisham. I’m selling a newly refurbished detached home for £150,000. Is this over the top? Is it in excess of the norm for conveyancing in Lewisham?
The charges are a bit high. If you are willing to expend time contrasting charges you may be able to decrease the fees marginally by as much as a hundred pounds. On the other hand, you mightcome to rue choosing an an untested conveyancer. Don't forget to ensure the firm can represent your bank. You can make use of our comparison tool to find a Lewisham conveyancing company on the banks approved list of lawyers which can often include conveyancing solicitors in Lewisham.
The Lewisham conveyancing lawyers that I recently instructed on my purchase in Lewisham have suddenly shut down. They were on acting for me because I needed a firm on the Nationwide conveyancing panel and my previous Lewisham lawyer was not. I paid them funds in advance. What are my options?
Assuming that you have an Estate Agent in the equation then inform them straight away so that they advise the vendors that there may be a slight delay due to the problems encountered. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the Nationwide conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers should be in a position to help.
I just acquired a flat at auction in Lewisham. Conveyancing is needed. What are my next steps?
Having exchanged you must appoint a conveyancing lawyer quickly as you will have a tight deadline in which to complete the property. Every auction property will ordinarily have a corresponding auction pack. This will include evidence of title and search results. In the case of leasehold premises the conveyancing pack should provide a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork pertinent to leasehold premises. You must hand this to the solicitor working for you at the earliest opportunity. Do make sure that you have funds in order to complete on the on the contractual date .
My father pointed out to me me that in purchasing a property in Lewisham there could be a number of restrictions affecting the ability to carry out external changes to a property. Is this right?
There are a number of properties in Lewisham which have some sort of restriction or requirement of consent to execute external variations. Part of the conveyancing in Lewisham should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Intending to buy a apartment in Lewisham. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Nationwide conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Lewisham lawyer is on the Nationwide conveyancing panel.
What does a local search tell me about the property my wife and I buying in Lewisham?
Lewisham conveyancing often starts with the submitting local authority searches directly from your local Authority or through a personal search company for instance Onsearch The local search is essential in every Lewisham conveyancing purchase; that is if you don’t want any nasty once you have moved into your property. The search should reveal data on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject sections.
I am purchasing my first flat in Lewisham with a mortgage from Virgin Money. The developers refused to move on the amount so I negotiated 6k of fixtures and fittings instead. The sale representative told me not reveal to my lawyer about this extras as it could adversely affect my mortgage with the lender. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I am thinking of appointing a conveyancing solicitor in Lewisham for my house move. Can I see a solicitor's record with the profession’s regulator?
You may find published Solicitor Regulator Association (SRA) determinations resulting from inquisitions from 2008 onwards. Visit Check a solicitor's record. For details Pre 2008, or to check a firm's history, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, use +44 (0)121 329 6800. The SRA could monitor call for training purposes.