It may have been a long time coming a mortgage offer from Santander for the remortgage of my 2 room garden flat is expected by the end of next week. Are you able to propose a low cost conveyancing lawyer in Rotherhithe?
This site is not designed to help those in their quest for a cheap conveyancing in Rotherhithe. We can offer you value for money conveyancing but we do not aim to advertise as being the cheapest. Avoid the trap of appointing organisations enticing you with low cost conveyancing in Rotherhithe. In your best case scenario, in deciding on low cost conveyancing, you will end up with what you pay for and at worst it will result in you paying a lot in extras and still not receive the service expected.
It is a dozen years since I purchased my home in Rotherhithe. Conveyancing lawyers have just been retained on the sale but I am unable to find my title deeds. Is this a problem?
You need not be too concerned. First there is a possibility that the deeds will be kept by the lender or they may stored with the lawyers who oversaw your purchase. Secondly in most cases the property will be recorded at the land registry and you will be able to establish that you are the registered owner by your conveyancing solicitors acquiring current official copies of the land registers. The vast majority of conveyancing in Rotherhithe relates to registered property but in the unlikely event that your property is unregistered it adds to the complexity but is not insurmountable.
What is the difference between a licensed conveyancer and conveyancing solicitor in Rotherhithe
There are many recorded licenced Conveyancers in Rotherhithe and Solicitor practices in Rotherhithe who can assist with your conveyancing We would stress that the two are supervised by regulatory bodies with both specialising in the legal aspects of the home buying process. The two can deal with associated property related work such as remortgage conveyancing, lease extensions and transfer of equity conveyancing.
We previously appointed solicitors locally in Rotherhithe on the Santander solicitor approved list. They are now charging me a supplemental fee for handling the Santander mortgage. Is this a supplemental conveyancing fee set by Santander?
As unfair as it may appear, as long as it’s in their Terms and Conditions or Quote then yes your conveyancer can levy a fee for this. The fee is not set by Santander but by your Rotherhithe conveyancer. Some firms on the Santander panel will charge ’dealing with mortgage’ fee and others do not.
The formalities of my remortgage has taken place for my property in Rotherhithe. Conveyancing was satisfactory but I would like to complain about the lender. How does one go about formally complaining?
All banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Team at head office. In most cases complaints to a lender are resolved effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
I am purchasing my first flat in Rotherhithe with a mortgage from Halifax. The sellers would not reduce the price so I negotiated £7000 of fixtures and fittings instead. The house builders rep advised me not disclose to my conveyancer about this side-deal as it will jeopardize my mortgage with the bank. Should I keep quiet?.
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.
I am thinking of appointing a conveyancing lawyer in Rotherhithe for my house move. Is it possible to check a solicitor's complaints history with the legal regulator?
One can read published Solicitor Regulator Association (SRA) decisions resulting from investigations from 2008 onwards. Go to Check a solicitor's record. To find details Pre 2008, or to check a solicitors record, call 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, use +44 (0)121 329 6800. The SRA may recorded call for training requirements.
I am attracted to a couple of apartments in Rotherhithe both have in the region of forty five years unexpired on the leases. Do I need to be concerned?
A lease is a legal document that entitles you to use the property for a prescribed time frame. As a lease shortens the saleability of the lease deteriorates and it becomes more costly to acquire a lease extension. For this reason it is often a good idea to extend the lease term. More often than not it is difficulties arise selling premises with a short lease as mortgage lenders less inclined to grant a loan on such properties. Lease extension can be a protracted process. We advise that you seek professional assistance from a conveyancer and surveyor with experience in this arena.
I have attempted and failed to negotiate with my landlord for a lease extension without any joy. Can a leaseholder apply to the Leasehold Valuation Tribunal? Can you recommend a Rotherhithe conveyancing firm to act on my behalf?
in cases where there is a absentee freeholder or if there is disagreement about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the First-tier Tribunal (Property Chamber) to calculate the premium.
An example of a Freehold Enfranchisement matter before the tribunal for a Rotherhithe property is 12, 14 & 16 Hull Close in May 2010. the Tribunal determined that the premium payable for the acquisition of the freehold to the subject premises was the sum of £18,300 This case affected 3 flats. The unexpired term was 101.61 years.