We note that you have a post code search directory listing solicitors on the Santander conveyancing panel. Do firms pay you a referral fee if I retain them for our own conveyancing in Bermondsey?
We are a listing service only for law firms wishing to communicate if they are on the Santander conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Bermondsey.
I am buying a new build house in Bermondsey with a mortgage from Halifax. The builders would not budge the amount so I negotiated 6k of fixtures and fittings instead. The house builders rep told me not to tell my solicitor about this side-deal as it will put at risk my mortgage with the lender. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Due to the input of my in-laws I had a survey completed on a house in Bermondsey before retaining conveyancers. I have been informed that there is a flying freehold aspect to the property. The surveyor advised that some mortgage companies tend not issue a loan on such a property.
It depends who your proposed lender is. Lloyds has different instructions from Birmingham Midshires. Should you wish to telephone us we can check via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Bermondsey. Conveyancing will be smoother if you use a solicitor in Bermondsey especially if they are familiar with such properties in Bermondsey.
Is it possible to swap conveyancer as I have to instruct one who is on the Nottingham Building Society conveyancing list. I had appointed a high street conveyancing solicitor in Bermondsey round the corner but she is not approved by Nottingham Building Society
It would be our pleasure to assist you find a conveyancing solicitor in Bermondsey on the Nottingham Building Society panel. Please note that the conveyancers that we list do not pay us a referral fee if you instruct them and are registered with the Solicitors Regulation Authority who regulate all conveyancing solicitors in Bermondsey. In making use of search facility on this site, you can compare and instruct different solicitors and conveyancers both nationally and in Bermondsey.
My husband and I are 17 days into a leasehold purchase having been recommend to conveyancers by the high street agent to execute conveyancing in Bermondsey. I am not happy. Could you you assist me in finding new conveyancers?
A lawyer would have to be really bad to suggest diss instructing them. Has the loan offer been generated? If so you will need to make them aware of the new contact details and ensure the loan are re-sent. Your new conveyancer should be on the lenders approved list to avoid added charges and frustration. That should be your first question of the new solicitors. Our find a solicitor tool should help you find a lender approved lawyer for your conveyancing in Bermondsey
I am a negotiator for a reputable estate agent office in Bermondsey where we see a number of leasehold sales jeopardised as a result of short leases. I have received contradictory information from local Bermondsey conveyancing solicitors. Please can you clarify whether the seller of a flat can initiate the lease extension formalities for the purchaser on completion of the sale?
Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. This means that the proposed purchaser can avoid having to sit tight for 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed before, or at the same time as completion of the disposal of the property.
An alternative approach is to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
I have had difficulty in trying to purchase the freehold in Bermondsey. Can the Leasehold Valuation Tribunal adjudicate on premiums?
You certainly can. We are happy to put you in touch with a Bermondsey conveyancing firm who can help.
An example of a Freehold Enfranchisement case for a Bermondsey flat is 1-41 Royal Tower Lodge 40 Cartwright Street in April 2013. the tribunal adding the agreed value of capitalised ground rents and the reversion the price to be paid for the freehold was £1,187,000 This case affected 41 flats. The unexpired residue of the current lease was 107 years.