I was referred a conveyancer who has given a fee estimate £1400 for no sale no fee conveyancing in Anerley. I’m selling a modern property for £250,000. Is this too much? Is it above the norm for conveyancing in Anerley?
The charges are a little high. If you shop around you may be able to shave off some of the cost by as much as £100 plus VAT. That being said, you couldcome to rue opting for an an untested solicitor. Don't forget to ensure the conveyancer can also act for your mortgage company. Do employ our comparison tool to select a Anerley conveyancing company on the banks member panel which can often include conveyancing solicitors in Anerley.
I own a freehold property in Anerley but nevertheless pay rent, why is this and what is this?
It is rare for properties in Anerley and has limited impact for conveyancing in Anerley but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back many centuries, but the Rent Charge Act 1977 barred the creation of new rentcharges from 1977 onwards.
Old rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 will be dispensed with completely.
Is it the case that all Anerley solicitor practices on the Lloyds conveyancing panel are regulated by the Solicitors Regulatory Authority?
As solicitors, in order to be on the Lloyds conveyancing panel they would need to be overseen by the Solicitors Regulatory Authority. The majority of banks do permit licenced conveyancers on their panel and in such a situation the practice would be overseen by the Council of Licensed Conveyancers.
We were going to get a DIP from Clydesdale this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Clydesdale recommend any Anerley solicitors on the Clydesdale conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Anerley solicitors independently although you'll need to choose one on the Clydesdale conveyancing panel. The solicitor represents both you and Clydesdale through the process.
I've read lots of mortgage guides, I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my local Anerley solicitor - who is on the Lloyds conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. Is that normal?
Lloyds will need an independent valuation of the property. Your lawyer will not arrange this. Usually Lloyds 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. Your conveyancing practitioner will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Anerley postcode. As you are getting a mortgage with Lloyds, you could contact them to see if they have a list of approved surveyors in Anerley.
I decided to have a survey carried out on a property in Anerley in advance of instructing solicitors. I have been advised that there is a flying freehold aspect to the house. Our surveyor advised that some lenders may refuse to give a loan on such a house.
It varies from the lender to lender. Santander has different requirements from Halifax. Should you wish to telephone us we can look into this further with the relevant lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Anerley. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Anerley to see if the conveyancing costs will increase in light of this.
Am I right to be suspicious by brokers that I am dealing with are suggesting an internet conveyancing firm as opposed to a High Street Anerley conveyancing firm?
As is the case with many professional services, often input from relatives can be extremely useful or valuable. But there are many parties with a vested interest in a conveyancing matter; estate agents, mortgage brokers and mortgage companies may put forward conveyancers to select. Sometimes these conveyancers might be known to one of the organisations as being good in their field, but occasionally there exists a commercial relationship behind the recommendation. You have the right to select your preferred lawyer. You need to be aware that the majority of banks operate an approved list of lawyers you are obliged to use for the mortgage related work in your conveyancing.
I am using a search engine for the words conveyancing in Anerley it brings up numerous property lawyersin the area. How do I determine which is the suitable property lawyer for my move?
The preferential way of finding a suitable conveyancer is through a trusted recommendation, so enquire of colleagues and family who have bought a property in Anerley or the respected estate agent or mortgage broker. Charges for conveyancing in Anerley vary, so it's a good idea to request a minimum of three fee calculations from varying types of conveyancers. Be sure to secure confirmation that the fees are fixed.