We are looking to buy a house and need a conveyancing solicitor in Kennington who is on the Aldermore solicitor panel. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Aldermore . We don't recommend any particular firms conducting conveyancing in Kennington.
I am planning to acquire a house and require a conveyancing solicitor in Kennington who is on the The Mortgage Works approved. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for The Mortgage Works in certain locations such as Kennington. We dont recommend any particular firm.
The estate agent has sent us the confirmation of our purchase of a new build flat in Kennington. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here is a sample of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Kennington
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If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. There must be mutual enforceability of lessee’s covenants. Please confirm the Lease plans are surveyor prepared. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
I have been on the look out for a leasehold apartment up to £235,500 and identified one close by in Kennington I like with open areas and transport links in the vicinity, however it only has 52 remaining years left on the lease. There is not much else in Kennington for this price, so just wondered if I would be making a mistake acquiring a lease with such few years left?
If you need a mortgage the remaining unexpired lease term will be an issue. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the current owner has owned the property for a minimum of 2 years you may request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing solicitor about this.
Hoping to buy a property located in Kennington and I am already nervous. I couldn't find anything specific about Kennington. Conveyancing will be needed in due course but do you know about the Kennington area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Kennington. In the meantime here are some basic statistics that we found
My husband and I are acquiring a first floor flat in Kennington. At the time of instructing our lawyer, they told us that they were on all major UK bank panels. The mortgage broker emailed yesterday to advise that they don't seem to be on the Principality approved list. If it turns out to be true, what should we do? Do we just pick a different solicitor that is on their approved list or should we cover the costs for dual representation, with Principality selecting their own approved conveyancer.
If you are acquiring a property requiring a mortgage it is normal for the purchaser’s solicitors to also represent the purchaser's lender. In order to act for a bank or building society a solicitor has to be on that lender's list of approved lawyers. An application has to be made by the property lawyer to the lender to become a member of the lender's panel and there are increasingly strict conditions which the conveyancer has to meet. Some building societies now require their panel firms to be part of the Law Society’s Conveyancing Accreditation Scheme. Your conveyancing practitioner should call Principality to discover if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own solicitors to act. You are not legally obliged to appoint a law firm on Principality's conveyancing panel and you may continue to use your own Kennington solicitors, in which case it will likely add costs, and it will likely delay the transaction as you are adding another solicitor into the mix.