We were about to retain a conveyancing solicitor in Camberwell recommended by you but stumbled across alternative fee calculations on the internet appear cheaper – how come?
There are a variety of conveyancers offering at first sight what seems to be very low prices. You should think twice about how much you respect your own move to want to be penny wise pound foolish in relation to the quality of the conveyancing. Many of them accentuate a cheap fee to grab your attention but bury additional charges in the fine print..
Me and my brother purchased a semi-detached Georgian house in Camberwell. Conveyancing solicitor represented me and Barclays . I did a free Land Registry search last week and I saw a couple of entries: one for freehold, another for leasehold under the exact same address. Is it worth asking Barclays to clarify?
You need to assess 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 Camberwell and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the situation with the conveyancing lawyer who conducted the conveyancing.
I am purchasing a new build house in Camberwell with the aid of help to buy. The sellers would not move on the amount so I negotiated £7000 of additionals instead. The house builders rep told me not reveal to my solicitor about this extras as it will jeopardize my mortgage with the bank. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the UK Finance website. UK Finance 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 encouragement of my in-laws I had a survey completed on a property in Camberwell before retaining conveyancers. I have been advised that there is a flying freehold element to the house. Our surveyor has said that some lenders will not grant a loan on such a house.
It depends who your proposed lender is. HSBC has different instructions from Halifax. If you call us we can look into this further with the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Camberwell. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Camberwell to see if the conveyancing will be more expensive.
I'm converting the mortgage on my primary property to a buy to let loan with HSBC Bank and intend to use the remaining equity towards another property. The location we are looking at is Camberwell. Will your solicitors be able to act for both sets of mortgage companies and link together the two deals?
Do use our comparison tool on this page to be sure that the lawyers are on the appropriate lender panels. On the basis that they are the conveyancer should be able to simultaneously deal with the two transactions but you should talk with you solicitor and specify your expectations and requirements.
I pay a service charge for my flat in Camberwell. As a result of poor financial planning I fell into arrears with remittance. I negotiated a settlement plan but there is still two currently outstanding.
I now wish to sell and I am worried this can threaten to derail the sale if I have to settle the arrears first. I'd like to sell up and then repay the arrears from the completion monies - is this achievable?
Your solicitor will hopefully be in a position to negotiate with the management company, and agree with them whether or not they would accept payment out of the completion monies. This is indicative of why it is advisable to use a solicitor in Camberwell as they are likely to enjoy a strong line of communication with the parties.