My husband and I are planning to buy a 2 bedroom apartment in Nunhead with a mortgage. We would like to retain our Nunhead conveyancer, but the mortgage company advise he's not on their "panel". It appears that we have little choice but to appoint one of the bank panel solicitors or retain our Nunhead lawyer as well as pay for one of their panel lawyers to represent them. We feel that this is inequitable; is there anything we can do?
Unfortunately,no. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the lender’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your Nunhead conveyancing lawyer to apply to be on the conveyancing panel.
Can you explain why leasehold purchase conveyancing in Nunhead costs more?
The conveyancing fees for a leasehold property in Nunhead is frequently higher when contrasted to a freehold acquisition or disposal. This is because there is an amount of extra time required in corresponding with the freeholder and management company to obtain evidence about whether the rent and service charges have been cleared and whether there are any major works due in the near future on repairs or maintenance of the building.
I am planning on selling our house in Nunhead and the buyers lawyers are claiming that there is a possibility that the property was built land that was not decontaminated. A high street Nunhead conveyancer would know that there is no such problem. It does beg the question why the purchasers instructed an online conveyancing practice as opposed to a conveyancing solicitor in Nunhead. We have lived in Nunhead for 5 years we know of no issue. Should we contact our local Authority to obtain confirmation that there is no issue.
It sounds as though you may have a conveyancing lawyer already. Are they able to advise? You need to enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same illness)
Just had an offer accepted on a new build apartment in Nunhead. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here are examples of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Nunhead
The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.
My business partner and I are planning to take over a lease of an office on a shopping parade. Can you recommend solicitors offering fixed costs for commercial conveyancing in Nunhead for less than 2k?
We are happy to recommend firms who host a wealth of experience of commercial conveyancing in Nunhead, including the disposal and purchase of businesses as well as simply premises. If you are looking to buy or dispose of a shop, pub, restaurant, office, retail unit or a whole business we can find you the right solicitor. As for the fees this will depend on the structure and complexity of the deal. Please provide us with your details or email so as to enable us to provide you with a fixed commercial conveyancing quote.
My step-father has recommend that I use his conveyancers in Nunhead. Should I use them?
No doubt it’s preferable to find a conveyancing solicitor is to get feedback from friends or family who have used the conveyancer that you are are thinking of instructing.