I am considering applying for a HSBC mortgage for purchase of a new build (under development) in Penge with 65 per cent loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for HSBC ?
There is nothing to stop you using your solicitor, but HSBC will insist on their interests being represented by a firm on their conveyancing panel. There is much more potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.
I need some quick conveyancing in Penge as I am under an ultimatum to complete in less than 3 weeks. Thankfully I do not require a mortgage. Can I decline from having conveyancing searches to save money and time?
If.Given you are not taking a mortgage you have the choice not to do searches although no conveyancer would advise that you don't. With lots of history conveyancing in Penge the following are examples of issues that can show up and adversely impact future mortgageability: Refused Planning Applications, Outstanding Charges, Overdue Grants, Unadopted Roads,...
Are there restrictive covenants that are commonly identified as part of conveyancing in Penge?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Penge. 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…’
Just had an offer accepted on a new build flat in Penge. Conveyancing is daunting 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 legal work.
Here are examples of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Penge
-
Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Forfeiture - bankruptcy or liquidation must not apply under this provision.
In my capacity as executor for the estate of my uncle I am disposing of a residence in Newport but reside in Penge. My conveyancer (based 260 miles from meneeds me to sign a statutory declaration prior to completion. Could you suggest a conveyancing lawyer in Penge who can attest and place their company stamp on the document?
Technically speaking you are unlikely to be required to have the documents witnessed by a conveyancing solicitor. Normally or notary public or solicitor will suffice regardless of whether they are based in Penge
I am searching for an affordable conveyancing lawyer in Penge to assist me in selling my apartment. I I am concerned about by bill escalating out of control and there are so many Penge conveyancing organisations out there...who's the best?
To get quotes for your move from the conveyancing firms that undertakes services in Penge please make the most of our quote tool.