My bid for a property was accepted at auction in Lewisham. Conveyancing is needed. What are my next steps?
Given that you are now exchanged you will need to appoint a conveyancing solicitor soon as you are faced with a pending deadline in which to complete the transaction. All auction property will have an associated auction pack. This should include most,if not all of the paperwork that your solicitor requires. In the case of leasehold property the conveyancing pack may contain a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork relating to a leasehold property. You should give this to the solicitor instructed by you as soon as possible. Do make sure that your finances are organised to complete the transaction on the set completion date.
I can not work out if my mortgage offer requires a lease extension. I have called my Lewisham building society branch on numerous occasions and was told it wasn't an issue and they would lend. My Lewisham conveyancing solicitor - who is on the bank conveyancing panel- called and was told they refuse to lend based on their published requirements. I simply don't know who is right.
The solicitor has to comply with the CML Handbook Part 2 requirements for your bank. 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 bank to contact your lawyer in writing confirming that they will accept the number of years remaining.
About to purchase flat in Lewisham. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Bank of Ireland 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 Bank of Ireland conveyancing panel.
My wife and I own a 4 bedroom Georgian property in Lewisham. Conveyancing lawyer represented me and Nationwide Building Society. I did a free Land Registry search last week and I saw two entries: one for freehold, the second leasehold with the matching property. I'd like to know for sure, how can I find out??
You need to 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 Lewisham and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also check the position with your conveyancing practitioner who completed the work.
I've recently found out that there is a flying freehold issue on a property I have offered on two weeks back in what was supposed to be a quick, no chain conveyancing. Lewisham is the location of the property. Is there any advice you can give?
Flying freeholds in Lewisham are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Lewisham you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Lewisham may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
What makes your site different to other online quote calculators when it comes to conveyancing in Lewisham?
At this site secure an accurate quote from a Solicitor or Licensed Conveyancer that has a full understanding of the issues of your conveyancing in Lewisham. As opposed to estate agents and many comparison sites we do not charge firms a fee if you appoint them for your home move in Lewisham
In my capacity as executor for the estate of my uncle I am selling a residence in Newport but reside in Lewisham. My conveyancer (based 300 miles from merequires that I sign a stat dec ahead of the transaction finalising. Could you suggest a conveyancing practitioner in Lewisham to witness and place their company stamp on the document?
strictly speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or solicitor will suffice regardless of whether they are Lewisham based
Is it the case that all Lewisham legal practices on every bank conveyancing panel?
The Lexsure search tool on this page may be of use or you can drop into your high street bank branch in Lewisham. the probability is that they will be in a position to list some reputable conveyancing solicitors in Lewisham