We decided to go with a Southwark based lawyer for my conveyancing in Southwark today. Reviewing the terms of engagement it is apparent thatI am on the hook for fees even if the sale doesn't happen. Should I ditch them and instruct an on-line conveyancing company who offer no move no charge conveyancing in Southwark?
Generally there is a compromise along the lines that if "No Sale No Fee" is advertised then the fee levels will generally be uplifted to neutralise those cases that fail to complete. Also remember that such deals rarely cover expenses for example Southwark conveyancing search fees.
Do lenders provide you with an approved list of Southwark conveyancing solicitors? How do you know who is on the Principality conveyancing panel?
Southwark conveyancing firms themselves provide us confirmation that they are on the Principality conveyancing panel as opposed to being supplied with a list from Principality directly.
If you had a top tip for selecting a conveyancing solicitor in Southwark what would it be?
We would encourage you not to go for the lowest Southwark conveyancing quote. You really do get what you’re paying for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
Do I choose a Licenced Conveyancer or Solicitor for conveyancing in Southwark?
There are many registered licenced Conveyancers in Southwark and Solicitor firms in Southwark who can help with your conveyancing It is important to make clear that both are regulated professionals specialising in the legal work in transferring property. The two can handle other property legal work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.
Have just purchased a repossessed house at auction in Southwark. Conveyancing is required. What is next?
Now that you have exchanged you must retain a conveyancing practitioner as a matter of urgency as you are faced with a fast approaching a fixed date to complete the property. An auction property will have an associated legal pack. This will include evidence of title and search results. In the case of leasehold premises the legal pack may contain a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork relating to a leasehold property. You need to give this to your appointed conveyancing solicitor as soon as possible. You also need to ensure that you have funds organised to complete the transaction on the set completion date.
I know that there are debates on Chancel Insurance on online forums. Am I compelled to have this when purchasing a house in Southwark? or I am told that there is an ancient law that means some homeowners residing in a parish church boundary will be compelled to pay for maintenance towards the chancel within the church. Is this relevant for conveyancing in Southwark?
Unless a previous acquisition of the house took place post 12 October 2013 you can assume that conveyancing practitioners handling conveyancing in Southwark to continue to suggest a chancel search and or insurance against a claim.
Are there restrictive covenants that are commonly identified as part of conveyancing in Southwark?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Southwark. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
What does commercial conveyancing in Southwark cover?
Non domestic conveyancing in Southwark covers a broad array of services, provided by qualified solicitors, relating to business property. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.