I am considering applying for a Clydesdale mortgage for purchase of a newly converted (under development) in South London with 70% LTV. Is it compulsory to choose a solicitor on the conveyancing panel for Clydesdale ?
In theory, you could use a solicitor that is not on the Clydesdale conveyancing panel, but Clydesdale would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same transaction.
A relative pointed out to me me that in purchasing a property in South London there could be a number of restrictions limiting what one can do in terms of external alterations to a property. Is this right?
There are anumerous of properties in South London which have some sort of restriction or requirement of consent to external variations. 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.
Is it correct that all South London CQS (Conveyancing Quality Scheme) solicitors are on the Santander conveyancing panel?
Some major lenders now make use of the accreditation scheme as the kick off point for Panel membership such as HSBC and Santander. CQS accreditation however gives no guarantee to lender panel acceptance. That being said,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for firms wishing to join their approved list of conveyancing solicitors.
After shopping around on the internet I have found a South London conveyancer having made sure that they are on the UBS conveyancing panel. Does my lawyer arrange the survey of the property?
UBS will need an independent valuation of the property. Your lawyer will not arrange this. Usually UBS will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own South London surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
We are buying a house and the lawyer has mentioned Chancel Repair for which the house may be liable because it falls into the area of such a church. She has suggested insurance. Is this really required for conveyancing in South London
Unless a previous acquisition of the premises completed after 12 October 2013 you could take it that lawyers handling conveyancing in South London to continue to recommend a chancel search and or chancel repair liability insurance.
I have been on the look out for a flat up to £305k and identified one near me in South London I like with amenity areas and transport links in the vicinity, the downside is that it only has 49 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 grave error purchasing a short lease?
If you need a mortgage the remaining unexpired lease term may be problematic. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the current owner has owned the premises for at least twenty four months you can request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should speak to your conveyancing lawyer regarding this.
Taking into account that I am about to spend 450k on 3 bedroom house in South London I would like to talk to a conveyancer concerning thehouse move ahead of giving the go ahead to the firm. Can this be arranged?
This is something that we recommend - we would be happy to talk to you we do not take any clients on without you first talking to the solicitor who will be conducting your conveyancing in South London.There is no ‘factory style conveyancing’ - each client is unique person, not a file reference. The law firms that we put you in touch with believe that the figure you are calculated and presented to you for residential conveyancing in South London should be the figure that you end up paying.
It has taken forever and a day but a mortgage agreement from a mortgage company for the remortgage of my 3 bedroom maisonette is coming by the end of next week. Are you able to recommend an efficient remortgage conveyancing lawyer in South London ?
You are on the wrong site if you are in need of a cheap conveyancing in South London. We can offer you cost effective conveyancing but we do not aim to advertise as being the cheapest. Avoid the trap of appointing brokers offering low cost conveyancing in South London.In your best case scenario, in going for cheap conveyancing, you will get what you pay for and at worst you will end up being stung for additional fee and still not receive the service expected.