I am buying a property without a mortgage in Bermondsey. I have lived for the last dozen years in Bermondsey. Conveyancing searches are a lot of money. As I know the road and vicinity intimately should I not bother getting the solicitor to do all the conveyancing searches?
In the absence of a mortgage, then all but one or two of the Bermondsey conveyancing searches are at your discretion. Your conveyancer will ’encourage you, no-doubt strongly, that you should have searches done, but she has a professional duty to take that path of guidance. One thing to take into account; if you are intend to sell the house at a future date, it will likely be be of importance to your future purchaser what the searches determine. Sometimes houses with no practical issues can still throw up unexpected search results. A competent conveyancing solicitor in Bermondsey will provide you some constructive guidance here.
Can you explain why leasehold purchase conveyancing in Bermondsey costs more?
The conveyancing charges for a leasehold premises in Bermondsey is inevitably higher than on a freehold acquisition or disposal. This is due to the supplemental work necessary in dealing with the landlord and managing agents to obtain evidence about whether the rent and service charges have been discharged and whether there are any large sums expected to be spent in the foreseeable future on repairs or maintenance of the building.
What happens if my solicitor is expelled from the UBS Conveyancing panel ahead of completing my conveyancing in Bermondsey?
First, this is a very rare occurrence. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
We are buying a house and the conveyancer has referenced Chancel Repair for which the house may be obligated to contribute to given it’s proximity to the area of such a church. She has suggested insurance. Is this strictly required for conveyancing in Bermondsey
Unless a previous acquisition of the premises completed after 12 October 2013 you could assume that conveyancing practitioners delivering conveyancing in Bermondsey to remain encouraging a chancel search and or insurance against a claim.
My husband and I are FTB’s - had an offer accepted, but the estate agent informed us that the seller will only go ahead if we use their preferred conveyancers as they are insisting on an ‘expedited deal’. My instinct tells me that we should use a high street solicitor who is familiar with conveyancing in Bermondsey
It is improbable the vendors are driving this. Should the seller want ‘a quick sale', taking such a hostile approach to a motivated purchaser is going to damage their objectives. Bypass the agents and go straight to the sellers and make sure they comprehend that (a)you are keen to buy (b)you are ready to go, with mortgage lined up © you do not need to sell (d) you intend to proceed fast (e)but you will continue to instruct your own,trusted Bermondsey conveyancing solicitors - as opposed tothose that will provide their estate agent a referral fee or hit his conveyancing thresholds pre-set by head office.
My wife and I recently found out that one of the partners of the conveyancing practice acting on the purchase conveyancing in Bermondsey is an uncle of the owners that we are purchasing from. Is this allowed?
On the basis that there is no conflict of interest this is permitted. Where you are requiring mortgage finance then the mortgage company may have a say as many lenders have specific requirements concerning this. For example for Clydesdale Bank as of 16/6/2025, the requirements read as follows :