Unfortunately I am unable to travel far from South East London. I would like to know the logic why all South East London solicitors are not on all bank panels?
Pre- 2008 most mortgage companies demonstrated an attitude to risk which is different from today. The financial regulator in 2010 instigated a thematic review into fraud which concluded: know the conveyancers on your panel. As a result, mortgage companies have since looked to extract more information from law firms about their processes and the individuals who work for them and set certain criteria such as completing a minimum amount of transactions. Hundreds of firms have found themselves removed from lender panels even though they had 100% healthy disciplinary record, no complaints and no claims and didn't just 'dabble' in conveyancing. Many firms found it impossible meet the minimum volume of transactions the lenders insisted on.
The property market in South East London is hotting up. What can be done to quicken up the conveyancing process?
Where you are under time constraints to complete we would recommend that your solicitor is familiar with the area as they will benefit local connections and knowledge. It is possible that they may have handled previousproperties in the same street. Therefore consider using a South East London conveyancing lawyer. Second, check that the conveyancing firm is on the on the approved list for your mortgage company. It is estimated that 18% of South East London conveyancing transactions are held up or jeopardised after finding out that a buyer’s conveyancer was not on their mortgage lender’s panel. This can often result in the home move being delayed by as much as three weeks. It is claimed that this issue affects approximately one hundred thousand home sales every year. Almost all South East London conveyancing firms can not act for certain banks so do check as early as possible.
What is the difference between a licensed conveyancer and conveyancing solicitor in South East London
Two types of professional can perform conveyancing in South East London namely CLC regulated conveyancers or solicitors. Both professionals administer conveyancing services that you need to complete the disposal or acquisition of property. Both are duty bound to conduct South East London conveyancing to the same standards and guidelines so you can be sure that your conveyancing will be properly conducted and that all requirements and steps should be correctly followed.
My uncle pointed out to me me that in buying a property in South East London there may be a number of restrictions limiting what one can do in terms of external changes to a property. Is this right?
We are aware of a number of properties in South East London which have some sort of restriction or requirement of consent to external alterations. Part of the conveyancing in South East London should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
How can we tell if a South East London conveyancing solicitor on the UBS panel is any good?
When it comes to conveyancing in South East London obtaining recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always recommend that you speak with the solicitor conducting your conveyancing.
I am a sole trader hoping to lease a unit on a shopping parade. Can you recommend conveyancers offering fixed charges for commercial conveyancing in South East London for less than £1,200?
We can recommend firms who have an in-depth of experience of commercial conveyancing in South East London, including the disposal and acquisition of businesses as well as simply premises. If you are looking to acquire or sell a shop, pub, restaurant, office, retail unit or a whole business we can find you the right lawyer. As for the fees these will vary based on the structure and heads of terms of the deal. Let us have your contact information or phone us so that we may provide you with a fixed commercial conveyancing calculation.
I am looking for a conveyancing solicitor in South East London for my house move. Is it possible to see a firm’s record with the profession’s regulator?
Members of the public can see presented Solicitor Regulator Association (SRA) decisions resulting from investigations commenced on or after 1 January 2008. Visit Check a solicitor's record. For information about the period before 1 January 2008, or to check a solicitors history, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, call +44 (0)121 329 6800. The SRA may recorded call for training requirements.
I wish to rent out my leasehold apartment in South East London. Conveyancing solicitor who did the purchase is retired - so can't ask him. Do I need to ask my freeholder for permission?
A small minority of properties in South East London do contain a provision to say that subletting is only allowed with permission. The landlord cannot unreasonably refuse but, in such cases, they would need to see references. Experience dictates that problems are usually caused by unsatisfactory tenants rather than owner-occupiers and for that reason you can expect the freeholder to take up the references and consider them carefully before granting permission.
I have given up seeking a lease extension in South East London. Can this matter be resolved via the Leasehold Valuation Tribunal?
if there is a missing landlord or if there is dispute about what the lease extension should cost, under the relevant legislation you can apply to the Leasehold Valuation Tribunal to make a decision on the price payable.
An example of a Freehold Enfranchisement matter before the tribunal for a South East London premises is 20 Avonwick Road in July 2013. The Tribunal was dealing with an application under Section 26 of the Leasehold Reform Housing and Urban Development Act 1993 for a determination of the freehold value of the property. It was concluded that the price to be paid was Fifteen Thousand Nine Hundred and Seventy (£15,970) divided as to £8,200 for Flat 20 and £7,770 for Flat 20A This case related to 1 flat. The remaining number of years on the lease was 73.26 years.