I am in the throes of porting my current homeowner home loan to a Buy to Let Barclays Direct mortgage. The bank has said that I require a solicitor as part of the process. I got in contact with my previous Peckham conveyancing solicitor who dealt with the legals when I previously purchased the premises. The pricing estimate they've given of £470 is surprising as its a remortgage than a sale or purchase.
The quote is slightly on the steep side. If you you were to look around you might get the conveyancing a bit cheaper by as much as £100 plus VAT. That being said, assuming were satisfied with the legal work the firm provided you couldcome to regret choosing an an untested lawyer. Remember to check that the firm can act for Barclays Direct. You can make use of our search tool to select a Peckham conveyancing firm on the Barclays Direct conveyancing panel, which can often include conveyancing solicitors in Peckham.
I have 7378 less than 75 years remaining on my lease and require a lease extension for my flat in Peckham. Conveyancing solicitors on the Bank of Ireland panel can deal with such extensions right?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 20/8/2025 the requirements read as follows :
What will a local search tell me concerning the property I am purchasing in Peckham?
Peckham conveyancing often starts with the submitting local authority searches directly from your local Authority or through a personal search organisations for example Xpress Legal The local search is essential in every Peckham conveyancing purchase; that is if you don’t want any nasty once you have moved into your new home. The search will provide information on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic headings.
Just acquired a semi-detached house in Peckham , how long should it take for the Land Registry to register the transfer to my name? My Peckham conveyancing solicitor works at snail pace, so I want to be certain that my ownership is registered.
As far as conveyancing in Peckham is concerned, registration is no faster or slower than the rest of England and Wales. As opposed to being determined by geographic area, timeframes can adjust subject to who lodges the application, whether it is in order and whether the Land registry must send notices to any 3rd persons or bodies. At present roughly three quarters of such applications are fully addressed in less than three weeks but occasionally there can be protracted hold-ups. Registration occurs after the buyer has moved in to the property so 'speed' is not always primary concern yet where there is a degree of urgency associated with the registration then you or your conveyancer must speak with the land registry and explain the circumstances.
How does conveyancing in Peckham differ for new build properties?
Most buyers of new build or newly converted property in Peckham contact us having been asked by the builder to sign contracts and commit to the purchase even before the house is ready to move into. This is because new home sellers in Peckham typically acquire the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Peckham or who has acted in the same development.
Do you have any top tips for leasehold conveyancing in Peckham from the perspective of saving time on the sale process?
- Much of the delay in leasehold conveyancing in Peckham can be reduced where you instruct lawyers the minute you market your property and ask them to collate the leasehold information needed by the buyers’ representatives. If you have had conflict with your freeholder or managing agents it is very important that these are settled before the property is marketed. The purchasers and their solicitors will be warry about purchasing a property where there is an ongoing dispute. You will have to accept that you will have to discharge any arrears of service charge or resolve the dispute prior to the buyers completing the purchase. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You are still duty bound to disclose details of the dispute to the buyers, but it is better to reveal the dispute as over rather than unsettled. If you have carried out any alterations to the property would they have required Landlord’s consent? In particular have you installed wooden flooring? Most leases in Peckham state that internal structural alterations or laying down wooden flooring necessitate a licence issued by the Landlord approving such alterations. Where you dont have the consents in place you should not communicate with the landlord without checking with your lawyer before hand. You may think that you are aware of the number of years left on your lease but it would be wise to double-check by asking your solicitors. A purchaser's lawyer will be unlikely to recommend their client to where the remaining number of years is under 80 years. In the circumstances it is important at an as soon as possible that you consider whether the lease for your property needs extending. If it does, contact your solicitors before you put your premises on the market for sale.
I have tried to negotiate informally with with my landlord to extend my lease without getting anywhere. Can the Leasehold Valuation Tribunal adjudicate on such matters? Can you recommend a Peckham conveyancing firm to represent me?
in cases where there is a absentee landlord or if there is disagreement about the premium for a lease extension, under the relevant statutes it is possible to make an application to the LVT to make a decision on the price.
An example of a Freehold Enfranchisement case for a Peckham flat is 31 Kings Grove in January 2012. By a claim form issued on 11" August 2011 under action number 1LB01618 in the Lambeth County Court the applicant tenants sought dispensation under section 26 of the Leasehold Reform, Housing and Urban Development Act 1993 from the requirement to serve a notice under section 13 of that Act in order to purchase the freehold of the premises. The Tribunal decided the amount payable for the freehold as £10,728 This case related to 2 flats. The remaining number of years on the lease was 80.5 years.