Having been referred to your organisation we were about to appoint conveyancing solicitor in Gipsy Hill listed on your site but have come across some other costs illustrations via the web seem less pricey – why is this?
One can find numerous websites promoting so-called cheap conveyancing, but additionalcosts result in the final invoice mounting up beyond all recognition. According to the Legal Ombudsman costs outlined in terms and conditions should be honest and reasonable and be applied The law firms that we list for conveyancing in Gipsy Hill clearly state all legal fees for a residential conveyancing matter.
We were just about to sign contracts for a freehold house in Gipsy Hill. We have hit a snag. Our mortgage offer with HSBC Bank runs out on 17/11/2025 but the sellers are putting forward a completion date of 19/11/2025. Is it possible to extend the mortgage offer?
The best person to address this concern is your lawyer who will hopefully calculate if he or she is better off negotiating with the lender, seller’s lawyers, selling agents or indeed all parties based on what has happend in your conveyancing as of today.
We have agreed to purchase a house in Gipsy Hill. An unusual aspect is that the roof has a solar panel. Coventry BS have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As your lender is Coventry BS your lawyer must check the conveyancing requirements outlined in Section 2 of UK Finance Lenders’ Handbook for Coventry BS. The Council of Mortgage Lenders’ Handbook sets out minimum specifications for solar panel roof-space leases, and conveyancers are required to report to Coventry BS where a lease fails to comply with these conditions. The provisions relate to the installation of panels on properties countrywide and is not limited to Gipsy Hill.
I have decided to exercise my right to buy my property in Gipsy Hill off the council. I have a mortgage offer with UBS. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with UBS, you will need to appoint a solicitor on the UBS conveyancing panel.
Having digested plenty of mortgage guides, I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my local Gipsy Hill solicitor - who is on the Kent Reliance conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
Kent Reliance will need an independent valuation of the property. Your lawyer will not arrange this. Usually Kent Reliance will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Gipsy Hill surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
I require fast conveyancing in Gipsy Hill as I am under an ultimatum to complete inside one month. A home loan is not required. Is it possible to escape the need for conveyancing searches to save fees and time?
As you are are a cash purchaser you are at free not to have searches carried out although no lawyer would advise that you don't. Drawing on our experience of conveyancing in Gipsy Hill the following are examples of issues that can be revealed and therefore affect future mortgageability: Enforcement Notices, Overdue Fees, Outstanding Grants, Railway Schemes,...
Are there restrictive covenants that are commonly identified as part of conveyancing in Gipsy Hill?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Gipsy Hill. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I'm buying my first flat in Gipsy Hill with a loan from Bank of Ireland. The developers would not budge the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The sale representative advised me not disclose to my solicitor about the deal as it may affect my loan 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.