Is there a reason why leasehold purchase conveyancing in South East London is more expensive?
The conveyancing fees for a leasehold property in South East London is inevitably greater when contrasted to a freehold transaction. This is due to the additional investigations required in corresponding with the freeholder and managing agents to obtain evidence about whether the rent and maintenance fee have been discharged and whether there are any significant expenditure in the foreseeable future on repairs or maintenance of the block.
Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in South East London. My lender is The Mortgage Works
The Mortgage Works have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 3/9/2024, the requirements read as follows :
Will commercial conveyancing searches reveal proposed roadworks that could impact a commercial site in South East London?
Many commercial conveyancing solicitors in South East London will carry out a SiteSolutions Highways report as it reduces the time that conveyancers invest in researching accurate data on highways that impact buildings and development assets in South East London. The report sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in South East London.
For each commercial conveyancing transaction in South East London it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately could result in delays to South East London commercial conveyancing deals as well as pose a risk to future plans for the site. These searches are not conducted for residential conveyancing in South East London.
I used Stirling Law a few years ago for my conveyancing in South East London. I now require my papers but the law firm is no longer operating. 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 South East London of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
About to purchase a new build apartment in South East London. Conveyancing is a frightening process 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 conveyancing.
Set out below is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in South East London
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Please supply a car parking plan. Forfeiture - bankruptcy or liquidation must not apply under this provision. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? 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. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.
We're first time buyers - had an offer accepted, yet the estate agent advised that the vendor will only move forward if we use the agent's recommended lawyers as they are insisting on a ‘quick sale’. Our preferred option is to instruct a family solicitor with experience of conveyancing in South East London
We suspect that the owner is not behind this requirement. Should the vendor want ‘a quick sale', alienating a genuine purchaser is counter productive. Speak to the vendors direct and make sure they understand (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you do not need to sell (d) you wish to move quickly (e)but you will continue to instruct your own,trusted South East London conveyancing firm - rather thanthe ones that will earn their estate agent a referral fee or meet his conveyancing targets pre-set by head office.