Find a Lender-Approved Local Conveyancer in Penge

Ready to buy a new home? Find a law firm approved by your lender.

Cheap conveyancing in Penge does not necessarily mean low quality - but the odds are stacked against you

Top 5 reasons to let us help you choose a local conveyancing solicitor in Penge

  • 1 Penge lawyer are the linchpin to a successful Penge conveyancing experience, keeping the process under control. They are on your side throughout, offering dedicated advice for the duration of your move
  • 2 The companies shown on our directory have a mix of conveyancing lawyers, legal executives and support staff handling over one hundred thousand cases annually.
  • 3 Notwithstanding what other lawyers say it just might be necessary to pop into your solicitor to sign documents. Too many 3rd parties are already with an interest in a house sale without having to add the postman into the pot.
  • 4 Using a local Solicitor on the whole means that you will receive a more personal touch. Sometimes when dealing with a an online conveyancing factory, your transaction is handled by a team of people who check what is happening on the file by determining whether the ‘computers says no’.
  • 5 Excellent communication and a wealth of expertise are key benefits that you should value when choosing conveyancing solicitors. Penge home moves can become a lot more protracted due to lack of transparency between all the parties. The lawyers listed endeavour to make sure that communication channels are open and act on arising issues and developments quickly.

Examples of recent conveyancing in Penge since February 2021*

Recently asked questions about conveyancing in Penge

Unfortunately I am unable to travel far from Penge. Can you please clarify why all Penge conveyancers aren't automatically on all lender panels?

Even though it may seem unfair for lenders to limit who can represent them, from the public’s or conveyancer’s point of view, the other side of the coin is that lenders are becoming ever more anxious and consider it essential to protect them against mortgage fraud. As a consequence of this concern banks have restricted their panel of approved conveyancing lawyers to a size that they are happy to control.

Due to move into my new home in Penge next Thursday. I have now been asked to send a copy of my building insurance schedule by my solicitor as as she informs me that she is duty bound to validate that it is in order for the lender. What risks does the bank expect the insurance to cover?

Any lawyer on acting for lenders would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s UK Finance Lenders’ Handbook instructions. These requirements are not limited to conveyancing in Penge.

I am about to put an offer on a leasehold property in Penge. The selling agents tell me that it is normal for flats in Penge to have less than 75 years unexpired on the lease. I am expecting a loan with Virgin. Is this going to be acceptable if the lease has 72 years unexpired.

Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing a mortgage then your lender may insist that the lease be extended before competition. Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 1/5/2021 the requirements read as follows :

85 years at the time of completion. If it's less, we require it to be extended on or before completion.

Are there restrictive covenants that are commonly identified as part of conveyancing in Penge?

Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Penge. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

In surfing the internet for the phrase conveyancing in Penge it shows results of many conveyancerslocally. How do I determine which is the suitable conveyancing solicitor for the sale of my house?

The preferential method of finding the right conveyancer is through a personal testimonial, so seek the counsel of colleagues and those you trust who have purchased a property in Penge or the respected estate agent or financial adviser. Costs for conveyancing in Penge vary, so it's advisable to obtain a minimum of three estimates from varying types of law firms. Dont forget to clarify that the charges are assured not to increase.

I am employed by a busy estate agency in Penge where we see a few leasehold sales derailed due to leases having less than 80 years remaining. I have been given conflicting advice from local Penge conveyancing firms. Could you confirm whether the owner of a flat can start the lease extension formalities for the buyer?

Provided that the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the proposed purchaser need not have to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or simultaneously with completion of the sale.

An alternative approach is to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.

Following years of correspondence we simply can't agree with our landlord on how much the lease extension should cost for our flat in Penge. Can we issue an application to the Residential Property Tribunal Service?

Most certainly. We can put you in touch with a Penge conveyancing firm who can help.

An example of a Lease Extension decision for a Penge property is Flats 5, 9, 38 & 40 Blakewood Court Anerley Park in January 2012. the tribunal held that the premiums payable for the new lease sare: FLAT 5:- £7,130 FLAT 9:- £7,860 FLAT 38:- £15,867 FLAT 40: £14,834 This case related to 4 flats.

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Sample of conveyancing solicitors in Penge regulated by the SRA

It is important to note that the listed firms do not limit their work for conveyancing in Penge but also conveyancing throughout England and Wales.

  • Charles Clarke & Co, 77 High Street, London, SE20 7HW
  • Bennett Welch & Co, Bank Chambers, Westow Hill, London, SE19 1TY
  • Ewings & Co, 148 High Street, London, SE20 7EU
  • Amphlett Lissimore Bagshaws Llp, Greystoke House, 80-86 Westow Street, London, London, SE19 3AF
  • Rose Samuel Odele & Partners, 252 Kirkdale, Sydenham, London, SE26 4NL

Residential Licensed Conveyancers in Penge regulated by the CLC

Please note that the listed conveyancers do not limit their work for conveyancing in Penge but also conveyancing across England and Wales.
  • Walter Saunders, 382 Brockley Road, SE4 2BY
  • R & C Property Lawyers Llp, 10A Upper Tooting Road, SW17 7PG

Planning law solicitors in Penge regulated by the Solicitors Regulation Authority

The solicitors listed below are a non-comprehensive list of solicitors in Penge with expertise in planning law. The solicitors can give expert legal advice on all aspects of planning, including compulsory purchases in Penge
  • A E Short, 144 Bromley Road, Beckenham, Kent, BR3 6PG
  • Wellers Law Group Llp, Tenison House, Tweedy Road, Bromley, Kent, BR1 3NF
  • Batchelors, Charles House, 35 Widmore Road, Bromley, Kent, BR1 1RW
  • Beverley Morris & Co Incorporating Peter Egan & Co, 62 Lewisham High Street, London, London, SE13 5JH
  • William Innes, 56 Crescent Lane, London, SW4 9PU

*Source acknowledgement: House price data produced by Land Registry as well data supplied by Lexsure Ltd.

© Crown copyright material is reproduced with the permission of Land Registry under delegated authority from the Controller of HMSO.