My family lawyer has sent a quote for £1700 for fixed fee conveyancing in Walworth. I am selling a Edwardian property for £275,000. Is this over the top? Is it in excess of the average fee for conveyancing in Walworth?
The estimate does seem a tad steep. If you shop around you might trim some of the cost by say £100 plus VAT. That being said, you couldlive to regret opting for an an unknown conveyancer. If is important to ensure the solicitor can represent your mortgage company. You can employ our search tool to find a Walworth conveyancing firm on the lender’s approved list of lawyers which can often include conveyancing solicitors in Walworth.
Will my conveyancing lawyers need to check that the building insurance when buying a house in Walworth. My lender is The Mortgage Works
The Mortgage Works have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 1/8/2025, the requirements read as follows :
Do I choose a Licenced Conveyancer or Solicitor for conveyancing in Walworth?
There are two types of lawyers who can carry out conveyancing in Walworth namely licenced conveyancers or solicitors. Both professionals administer conveyancing services that required to complete the disposal or purchase of property. They are both required to carry out Walworth conveyancing to the same quality and guidelines so you can be safe in the knowledge that your conveyancing will be professionally administered and that the requirements and steps will be correctly followed.
is it true that all Walworth solicitors on the Kent Reliance conveyancing panel are governed by the Solicitors Regulatory Authority?
As solicitors, in order to be on the Kent Reliance conveyancing panel they would need to be overseen by the Solicitors Regulatory Authority. Many banks do allow licenced conveyancers on their panel in which case such firms would be overseen by the CLC.
I can not work out if my lender obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called into my local Walworth bank branch on a couple of occasions and was told they are content with the situation and they will lend. My Walworth conveyancing solicitor - who is on the mortgage company conveyancing panel- called to say that they refuse to lend in accordance with their specific requirements. Who do I believe?
As long as the property lawyer is on the bank approved list, she or he must comply with the Council of Mortgage Lenders’ Handbook requirements for the bank. Unless your lawyer obtains specific confirmation in writing that the mortgage company will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
What does a local search inform me about the property we're purchasing in Walworth?
Walworth conveyancing often starts with the applying for local authority searches directly from your local Authority or through a personal search company for example Xpress Legal The local search is essential in every Walworth conveyancing purchase; as long as you wish to avoid any unpleasant once you have moved into your property. The search should supply information on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic areas.
I have todaydiscovered that Stirling Law have been shut down. They carried out my conveyancing in Walworth for a purchase of a freehold house 18 months ago. How can I be sure that the property is in my name in the name of the previous owner?
The easiest way to check if the property is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Walworth conveyancing specialists.
Is it the case that all Walworth conveyancers on every bank conveyancing panel?
You can use our search tool or you can pop into your high street bank branch in Walworth. the probability is that they will know some good conveyancing solicitors in Walworth