I had intended to instruct a property lawyer in Abbey Wood for our house move. Our broker informed us that our bank HSBC Bank won't deal with them. Why is this not regarded as unduly restrictive?
A bank may insist on an approved solicitor act for it. You would be liable to bear the charges for this. Do use our database to choose a solicitor to carry conveyancing in Abbey Wood on the HSBC Bank member panel.
What is your number one tip for choosing a conveyancing solicitor in Abbey Wood
It would be unwise to be tempted by the lowest Abbey Wood conveyancing fees. You really do get what you’re paying for when it comes to property lawyers. 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.
Forgive me if this question is silly but I am wet behind the ears as a 1st time purchaser of a two bedroom flat in Abbey Wood. Do I collect the keys to the property on the completion date from my lawyer? If this is the case, I will appoint a local conveyancing solicitor in Abbey Wood?
On the day of completion you will not be required to attend the conveyancers office in Abbey Wood. Your solicitors will transfer the completion advance to the seller's conveyancers, and shortly after the monies have arrived, you will be called to collect the keys from the Estate Agents and start moving into the property. This tends to happen early afternoon.
I am aiming to move house in March. Will my conveyancing solicitor liaise with the removal company on the completion day. On a separate note, can you put forward a removal company in Abbey Wood. Conveyancing firm was organised before I stumbled across your website.
On the day of completion you can collect the keys from your selling agent but this can only be done after the vendors lawyers confirm to the agent that the monies to complete are in and the keys can be collected. After that you should tell the removal company that they can start moving you in. We do not suggest a particular removal company but can assist you in finding a conveyancing in Abbey Wood or a legal practice with expertise in conveyancing in Abbey Wood.
The deeds to my home are lost. The lawyers who did the conveyancing in Abbey Wood 5 years ago are no longer around. What do I do?
Gone are the days when you need to have the physical deeds to prove you are the registered proprietor of land or premises, as the Land Registry hold details of all registered land or property electronically.
How does conveyancing in Abbey Wood differ for newly converted properties?
Most buyers of new build residence in Abbey Wood come to us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the residence is finished. This is because developers in Abbey Wood tend to acquire the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Abbey Wood or who has acted in the same development.
I need to find a conveyancing solicitor for my conveyancing in Abbey Wood. I've discover a site which seems to have the perfect solution If it is possible to get all this stuff done via phone that would be ideal. Do I need to be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I've recently bought a leasehold house in Abbey Wood. Am I liable to pay service charges for periods before completion of my purchase?
In a situation where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I have tried to negotiate informally with with my landlord to extend my lease without any joy. Can the Leasehold Valuation Tribunal decide on such matters? Can you recommend a Abbey Wood conveyancing firm to assist?
if there is a absentee landlord or if there is dispute about the premium for a lease extension, under the relevant legislation you can apply to the First-tier Tribunal (Property Chamber) to make a decision on the sum to be paid.
An example of a Lease Extension decision for a Abbey Wood property is Various @ Colombus Square in January 2012. the Tribunal calculated the premiums to be paid for new leases for each of the flats in Mariners Walk to be £3822 and the premium to be paid for the new lease of 2 Knights Court to be £4439. This case related to 13 flats. The unexpired term was 76 years.