Please could you recommend a Nottingham Building Society accepted Lewisham conveyancing practice finish our home move within 10 days? Would it be better to use a high street Lewisham practice or a nationwide firm?
We can recommend some very good Lewisham conveyancing firms. Another option is to visit the main road in Lewisham. Approach some well established firms and ask to see a conveyancing solicitor for a fee estimate. Discuss your requirements together with the reasons and ask for a commitment on speed. Choose the one that appears most efficient.
Should our lawyer be asking questions regarding flooding as part of the conveyancing in Lewisham.
Flooding is a growing risk for lawyers dealing with homes in Lewisham. Plenty of people will acquire a house in Lewisham, completely expectant that at some time, it may be flooded. However, leaving to one side the physical destruction, if a property is at risk of flooding, it may be difficult to obtain a mortgage, adequate insurance cover, or sell the property. There are steps that can be taken during the course of a property purchase to forewarn the buyer.
Conveyancers are not best placed to give advice on flood risk, however there are a various searches that may be initiated by the purchaser or by their conveyancers which can give them a better appreciation of the risks in Lewisham. The conventional set of information sent to a purchaser’s solicitor (where the solicitors are adopting what is known as the Conveyancing Protocol) incorporates a usual question of the seller to find out whether the premises has suffered from flooding. If flooding has previously occurred which is not revealed by the vendor, then a buyer could issue a claim for damages resulting from an misleading reply. The buyer’s lawyers will also conduct an environmental report. This will higlight if there is any known flood risk. If so, more detailed inquiries should be carried out.
It has been 2 months following my purchase conveyancing in Lewisham concluded. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I have been on the look out for a flat up to £235,500 and found one round the corner in Lewisham I like with open areas and transport links nearby, however it's only got 52 remaining years left on the lease. I can't really find anything else in Lewisham for this price, so just wondered if I would be making a mistake purchasing a lease with such few years left?
If you need a mortgage the shortness of the lease may be an issue. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the current owner has owned the property for a minimum of 2 years you may ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this matter.
I have been advised by a number of selling agents in Lewisham to get a quote from a solicitor using your seach tool. Is there a financial upside for Estate Agents to offer your services over and above another?
We don’t give any commission for directing people in our direction. We found it would be just too difficult to pay a commission as members of the public would think, ‘How come the agent getting a kickback? Why aren’t I receiving any benefit too?’ So we decided to step away from that.
As co-executor for the will of my aunt I am disposing of a property in Monmouth but reside in Lewisham. My lawyer (based 260 kilometers awayrequires that I sign a stat dec ahead of the transaction finalising. Can you recommend a conveyancing lawyer in Lewisham who can attest and place their company stamp on the document?
Technically speaking you are unlikely to need to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or solicitor will be fine regardless of whether they are Lewisham based