How do I identify freehold conveyancing in South London?
Option 1 is to ask your friends and family whom they would seek assistance from.
Second, look on the web for conveyancing in South London. Call two or three listed and invite them to send you their conveyancing quote and discuss your needs with the solicitor who will oversee the legal process beforecommitting.
Option 3 is to use our search tool to help you find the right lawyers for you based on your unique expectations including the type of property,timings, complexity and who your intended lender is. Do not be fooled by ninety nine pound conveyancing in South London
I am buying a garden flat in South London. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in South London you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in South London.
My aunt pointed out to me me that in buying a property in South London there may be various restrictions as to what one can do in terms of external changes to the property. Is this right?
We are aware of anumerous of properties in South London which have some sort of restriction or requirement of consent to external alterations. Part of the conveyancing in South London should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
We previously instructed conveyancing lawyers locally in South London on the Lloyds solicitor panel. They have just invoiced me a separate charge for the legal aspects of the Lloyds mortgage. Is this an additional conveyancing fee set by Lloyds?
As unfair as it may appear, as long as it’s in their Terms of Engagement or estimate then yes your conveyancer may charge a fee for this. This fee is not dictated by Lloyds but by your South London conveyancer. Plenty of firms on the Lloyds panel will levy ’dealing with mortgage’ fee and others do not.
The mortgage over my property is with Aldermore for my property in South London. Conveyancing was finalised a year ago. Should I wish to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Aldermore?
Your original mortgage agreement with Aldermore will provide that you need their approval before renting your property as this is likely to be a breach of Aldermore’s mortgage conditions. In many cases banks or building societies will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Aldermore directly. You need not do this via a Aldermore conveyancing panel solicitor.
I used Wolstenholmes a few years ago for my conveyancing in South London. I now require my papers however cannot find the solicitor. What do I do?
Do contact 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 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.
I am looking for a leasehold apartment up to £305k and identified one round the corner in South London I like with a park and transport links in the vicinity, the downside is that it only has 51 years unexpired on the lease. I can't really find anything else in South London in this price bracket, so just wondered if I would be making a mistake purchasing a short lease?
Should you require a mortgage the shortness of the lease will likely be problematic. Discount the offer by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for at least twenty four months you may ask them to start the process of the extension and pass it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should consult your conveyancing lawyer about this matter.
Jane (my partner) and I may need to sub-let our South London ground floor flat for a while due to taking a sabbatical. We used a South London conveyancing practice in 2004 but they have closed and we did not have the foresight to get any guidance as to whether the lease allows us to sublet. How do we find out?
A small minority of properties in South London do contain a provision to say that subletting is only allowed with permission. The landlord is not entitled to 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.
Having spent years of negotiations we cannot agree with our landlord on how much the lease extension should cost for our flat in South London. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
in cases where there is a missing freeholder or where there is disagreement about the premium for a lease extension, under the relevant legislation it is possible to make an application to the First-tier Tribunal (Property Chamber) to assess the amount due.
An example of a Lease Extension matter before the tribunal for a South London premises is Flat B 10 Grove Avenue in October 2013. Following a vesting order Clerkenwell and Shoreditch County Court 3rd July 2013 The tribunal determines that the premium payable for the lease extension was £36,215.00 This case was in relation to 1 flat. The unexpired residue of the current lease was 65.21 years.