I require conveyancing for an apartment in a fairly new development (6 years old) in Mottingham. Almost all the appartments have already been sold. Do I need carry out the conveyancing searches as part of conveyancing in Mottingham?
A big part of the Mottingham conveyancing process is the conveyancing searches. There are hundreds companies who offer Mottingham conveyancing searches, as well straight from the local authority. These are known collectively as personal search providers and they produce, not surprisingly, personal searches. However, all Local Authority Search conveyancing products have one thing in common - they must obtain their information from the local authoritative source.
Will conveyancers ask for an advanced payment for conveyancing in Mottingham?
Where you are retaining lawyers for conveyancing in Mottingham your lawyer will ask you put them with funds to cover the the cost of the conveyancing searches. Ordinarily this is called for to cover the fees of the conveyancing searches. When the deposit is payable against the sale price then this will be needed immediately prior to contracts are exchanged. The final balance that is due should be transferred a couple of days ahead of the completion date.
The estate agent has sent us the confirmation of our purchase of a new build flat in Mottingham. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here are examples of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Mottingham
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Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please confirm the Lease plans are architect prepared. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. There must be mutual enforceability of lessee’s covenants.
Due to the encouragement of my in-laws I had a survey completed on a house in Mottingham before retaining solicitors. I have been advised that there is a flying freehold element to the house. Our surveyor has said that some lenders may refuse to grant a mortgage on this type of home.
It varies from the lender to lender. Bank of Scotland has different requirements from Halifax. Should you wish to call us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Mottingham. Conveyancing may be slightly more expensive based on your lender's requirements.
Is it possible to swap solicitor as I need to select a firm on the The Royal Bank of Scotland conveyancing list. I hired a high street conveyancing solicitor in Mottingham round the corner but the firm is not approved by The Royal Bank of Scotland
We will our best to assist in finding you a conveyancing solicitor in Mottingham on the The Royal Bank of Scotland panel. Please note that the property lawyers that we work with do not pay us fee if you instruct them and are under regulation of the SRA who oversee all conveyancing solicitors in Mottingham. In making use of the find a conveyancing solicitor tool on this page, you can compare fees for conveyancing solicitors in Mottingham and beyond.
My lawyers in Mottingham have advised me that no longer have my conveyancing file. To assist with my purchase I took out a mortgage with the mortgage company. Is it case that being on the bank conveyancing panel they need to have retained the file for a prescribed period?
Different lenders have different requirements but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the lender Conveyancing Panel Terms. It might be worth you contacting the mortgage company directly.