We are purchasing a house and need a conveyancing solicitor in Brixton who is on the Principality conveyancing panel. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Principality . We don't recommend any particular firms conducting conveyancing in Brixton.
Do I need to take out insurance to address the risk of chancel repairs when acquiring a property in Brixton?
Unless a prior acquisition of the property completed post 12 October 2013 you could expect lawyers handling conveyancing in Brixton to continue to propose a a chancel search and or chancel repair liability policy.
My wife and I own a 4 bedroom Victorian property in Brixton. Conveyancing solicitor acted for me and Nottingham Building Society. I did a free Land Registry search last week and I saw a couple of entries: one for freehold, the second leasehold under the matching property. If a house is not a freehold shouldn't I have been informed?
You should read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Brixton and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also check the situation with the conveyancing solicitor who conducted the purchase.
I am buying my first flat in Brixton with a loan from Nationwide Building Society. The sellers would not budge the price so I negotiated 6k of extras instead. The house builders rep advised me not reveal to my conveyancer about this side-deal as it may put at risk my loan with the lender. Should I keep quiet?.
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 opted to have a survey done on a property in Brixton before retaining conveyancers. I have been advised that there is a flying freehold aspect to the property. My surveyor advised that some lenders may refuse to grant a loan on a flying freehold home.
It varies from the lender to lender. Bank of Scotland has different instructions from Birmingham Midshires. If you contact us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Brixton. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Brixton to see if the conveyancing costs will increase in light of this.
Should I be concerned that third parties that I am dealing with are encouraging me to use an online conveyancing firm as opposed to a local Brixton conveyancing company?
As with lots of professional services, often recommendations from connections can be worth their weight in gold. Nevertheless there are lots of people with a keen interest in a conveyancing transaction; estate agents, financial adviser and banks may put forward lawyers to use. Sometimes these solicitors might be known to one of the organisations as being good in their field, but occasionally there behind the scenes commercial relationship behind the recommendation. You are at liberty to select your own lawyer. However, bear in mind that most lenders have an approved list of lawyers you have to use for the lender aspect of your transaction.