I decided to go with a local lawyer for my conveyancing in Penge recently. After carefully reading the fine print I seewe are on the hook for costs even if our purchase doesn't happen. Should I ditch them and choose an internet conveyancing brokerage promising no-sale-no-fee conveyancing in Penge?
It is usually ‘give and take’ in that if "No Completion No Fee" is advertised then the fee levels will tend to be be more expensive to cover the conveyances that do not go ahead. You should be mindful that such arrangements rarely cover outlay by way of example Penge conveyancing search charges.
Do banks and building societies provide you with an approved list of Penge conveyancing solicitors? How do you know who is on the Leeds Building Society conveyancing panel?
Penge conveyancing firms themselves provide us confirmation that they are on the Leeds Building Society conveyancing panel as opposed to being supplied with a list from Leeds Building Society directly.
Forgive me if this question is silly but I am unseasoned as FTB of a garden flat in Penge. Do I pick up the keys to the house on completion from my conveyancer? If so, I will appoint a local conveyancing solicitor in Penge?
There is no need to visit the lawyers office on the day of completion. Your solicitors will arrange to send the purchase money to the vendor’s lawyers, and shortly after the monies have arrived, you should be invited to collect the keys from the Estate Agents and move into your new home. Usually this occurs early afternoon.
The formalities of my remortgage has taken place for my property in Penge. Conveyancing was of an acceptable standard but I feel I should register my dissatisfaction about the lender. How do I make a complaint?
All banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Team at head office. Ordinarily complaints to a lender are sorted out effectively and efficiently. If you feel the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.
My offer was accepted on a house in Penge on 10/3/2026, valuation was booked 2 days later, received a clean bill of health. Property lawyer appointed, so the only thing outstanding was my mortgage offer. Having made daily calls to HSBC and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the HSBC conveyancing panel. Are HSBC entitled to hold back the Mortgage pending the lawyer being on the approved list?
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for HSBC to deal with your lawyer's application to be on the HSBC conveyancing panel. There's no guarantee that your solicitor will be accepted.
I used Arc property Solicitors a few years past for my conveyancing in Penge. I now require my papers however the law firm has closed. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Penge of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
How does conveyancing in Penge differ for newly converted properties?
Most buyers of new build premises in Penge contact us having been asked by the developer to sign contracts and commit to the purchase even before the residence is ready to move into. This is because house builders in Penge typically buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Penge or who has acted in the same development.
I decided to have a survey completed on a house in Penge in advance of instructing lawyers. I have been advised that there is a flying freehold overhang to the property. The surveyor has said that some mortgage companies will refuse to give a loan on a flying freehold property.
It varies from the lender to lender. HSBC has different requirements from Halifax. If you call us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Penge. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Penge to see if the conveyancing costs will increase in light of this.