Can the conveyancing solicitors identified via your search tool conduct conveyancing in Bermondsey by way of an attended exchange?
There are a few conveyancing experts who can conduct 24hr exchanges. Do call us to receive a conveyancing quote and details as to availability.
We're in Bermondsey, First time buyers purchasing with a mortgage (lender is Leeds Building Society , and our solicitor is on the Leeds Building Society conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Leeds Building Society conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancing practitioner should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
I know that there are debates on Chancel Insurance on online forums. Am I compelled to have this when acquiring a residence in Bermondsey? or I am told that there is an ancient law that could mean that house owners living in a parish church boundary may be liable to pay for maintenance to the chancel in proximity to the church. Is this suitable for conveyancing in Bermondsey?
Unless a previous purchase of the premises took place post 12 October 2013 you may assume that conveyancing practitioners delivering conveyancing in Bermondsey to remain encouraging a chancel search and or insurance against a claim.
I'm buying my first flat in Bermondsey with a mortgage from Virgin Money. The sellers would not move on the price so I negotiated £7000 of additionals instead. The property agent advised me not to tell my conveyancer about the deal as it may affect my loan with the bank. 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.
I'm converting the mortgage on my current home to a BTL mortgage with Platform Home Loans Ltd and intend to use the remaining equity towards a second house. The neighborhood we are interested in is Bermondsey. Will your lawyers be able to act for the two mortgage companies and tie in the two deals?
Make use of our search tool on this site to check that the solicitors are on the appropriate lender panels. Having checked that they are your lawyer should be able to tie up the two transactions but you should talk with you solicitor and make clear your desired outcome and requirements.
Back In 2000, I bought a leasehold flat in Bermondsey. Conveyancing and Clydesdale mortgage organised. I have received a letter from someone saying they have taken over the reversionary interest in the property. Attached was a ground rent demand for rent dating back to 1998. The conveyancing practitioner in Bermondsey who previously acted has now retired. Do I pay?
The first thing you should do is make enquiries of the Land Registry to make sure that the individual claiming to own the freehold is in fact the registered owner of the freehold reversion. You do not need to incur the fees of a Bermondsey conveyancing practitioner to do this as you can do this on the Land Registry website for less than a fiver. You should note that in any event, even if this is the rightful freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
We have reached the end of our tether in trying to reach an agreement for a lease extension in Bermondsey. Can this matter be resolved via the Leasehold Valuation Tribunal?
Absolutely. We are happy to put you in touch with a Bermondsey conveyancing firm who can help.
An example of a Freehold Enfranchisement matter before the tribunal for a Bermondsey premises 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.