Why do I have to pay up front when it comes to conveyancing in Southwark?
Where you are retaining lawyers for conveyancing in Southwark your lawyer will request that you put them with funds to cover the search fees. This will be the total of the cost of the Local Authority Search. If any deposit is as part of the total price then this should be required immediately in advance of exchange of contracts. The final balance that is due should be sent to your lawyer shortly before completion.
My wife and I own a semi-detached Georgian house in Southwark. Conveyancing solicitor represented me and Skipton Building Society. I did a free Land Registry search last week and I saw a couple of entries: the first freehold, another for leasehold under the exact same property. I thought I was buying a freehold how can I check?
You need to assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Southwark and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also check the situation with your conveyancing practitioner who carried out the work.
I am looking for a leasehold apartment up to £235,500 and identified one close by in Southwark I like with a park and station nearby, the downside is that it's only got 61 remaining years left on the lease. There is not much else in Southwark suitable, so just wondered if I would be making a grave error acquiring a lease with such few years left?
If you require a home loan that many years may be a potential deal breaker. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for at least 2 years you can request that they start the process of the extension and pass it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should consult your conveyancing lawyer concerning this.
I am a sole trader planning to lease a unit on the high street. Can you recommend lawyers offering competitive fees for non-domestic conveyancing in Southwark for below £2000?
We can recommend firms who host a wealth of experience of commercial conveyancing in Southwark, including the disposal and acquisition of businesses as well as simply property. Whether you are hoping to buy or lease a shop, pub, restaurant, office, retail premises or a complete business we will find you the right solicitor. Regarding the charges this will depend on the structure and heads of terms of the proposed transaction. Let us have your details or telephone so as to enable us to supply you with a fixed commercial conveyancing calculation.
My brother has encouraged me to instruct his lawyers for conveyancing in Southwark. Do I follow his guidance?
No doubt it’s preferable to select a conveyancing practitioner is to seek guidance from friends or relatives who have previously instructed the conveyancer you're considering.
It may have been a long time coming a loan offer from a lender for the refinancing of my 2 bedroom flat is to be issued by the end of next week. Could you suggest an efficient remortgage conveyancing practitioner in Southwark ?
You have come to the wrong place to search for the cheapest conveyancing solicitors in Southwark. We can offer you cost effective conveyancing but our intention is not to work with the cheapest lawyers. Resist the temptation to appoint companies offering low cost conveyancing in Southwark.At best, in going for cheap conveyancing, you will get what you pay for and at worst you will end up paying a lot in additional fee and still not get the service required.