I was recommended to a conveyancer who has sent a quote for £1200 for freehold conveyancing in Rotherhithe. I am hoping to downsize from a newly refurbished property for £275,000. Is this expensive? Is it above the norm for conveyancing in Rotherhithe?
The charges are a tad high. If you shop around you might shave off some of the cost by as much as a hundred pounds. On the other hand, you couldlive to rue choosing an an unknown solicitor. Remember to enquire the firm can represent your lender. You can employ our comparison tool to choose a Rotherhithe conveyancing company on the lender’s approved list of lawyers which can often include conveyancing solicitors in Rotherhithe.
Can you suggest a Yorkshire Building Society allowed Rotherhithe conveyancing conveyancer that can complete within a very limited time frame? Am I best advised to unstruct a high street Rotherhithe firm or an internet firm?
We can recommend some very good Rotherhithe conveyancing firms. You can also walk up the main road in Rotherhithe. Approach some well established firms and ask to speak with a conveyancing solicitor for a fee estimate. Discuss your expectations together with the reasons and ask for an assurance on your deadline. Appoint the lawyer that you trust.
My lawyer has informed me that chancel insurance is needed on my purchase. What is the level of cover for Rotherhithe conveyancing?
The right level of chancel indemnity insurance should be dictated by who your lender. It would differ for example between HSBC Bank and Skipton Building Society. Conveyancing lawyers as opposed to borrowers take out such insurances.
I can not work out if my bank obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called into my local Rotherhithe building society branch on numerous occasions and was told they are content with the situation and they will lend. My Rotherhithe conveyancing solicitor - who is on the lender conveyancing panel- called to say that they would not lend in accordance with their UK Finance Lenders’ Handbook minimum lease term requirements. I have no idea who is right.
As long as the conveyancer is on the mortgage company approved list, she or he must comply with the CML Handbook conditions for the lender. Unless your lawyer obtains specific confirmation in writing that the mortgage company will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
I had an offer accepted on a house in Rotherhithe on 3/6/2026, valuation was booked 2 days after, received a clean bill of health. Property lawyer instructed, so all that was missing was my mortgage offer. Having made daily calls to Leeds Building Society and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Leeds Building Society conveyancing panel. Are Leeds Building Society entitled to hold back the Mortgage pending the lawyer being on the approved list?
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Leeds Building Society to deal with your lawyer's application to be on the Leeds Building Society conveyancing panel. There's no guarantee that your solicitor will be accepted.
I am looking for a leasehold apartment up to £195,000 and found one near me in Rotherhithe I like with amenity areas and railway links in the vicinity, the downside is that it's only got 51 years on the lease. There is not much else in Rotherhithe suitable, so just wondered if I would be making a mistake acquiring a short lease?
If you require a home loan the remaining unexpired lease term will likely be problematic. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the property for a minimum of twenty four months you could ask them to start the process of the extension and pass it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should speak to your conveyancing lawyer about this.
I am 17 days into a freehold purchase having been referred to solicitors by the selling agent to execute conveyancing in Rotherhithe. I am not happy. Could you help me find new solicitors?
They would have to be really bad in order to consider diss instructing them. Has the loan offer been sent? In the event that it has you will need to advise them of the new contact details and get the offer are issued to the new lawyers. Your new solicitor ideally needs to be on the lenders approved list to avoid escalating charges and frustration. So that should be your first question of the new conveyancers. The search tool can assist you in finding a bank approved conveyancer for your conveyancing in Rotherhithe
Estate agents have just been given the go-ahead to market my basement flat in Rotherhithe. Conveyancing is yet to be initiated, but I have just had a quarterly maintenance charge invoice – should I leave it to the buyer to sort out?
Your conveyancing lawyer is likely to suggest that you should pay the invoice as usual as all ground rent and maintenance payments will be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
My wife and I have hit a brick wall in trying to purchase the freehold in Rotherhithe. Can this matter be resolved via the Leasehold Valuation Tribunal?
You certainly can. We can put you in touch with a Rotherhithe conveyancing firm who can help.
An example of a Freehold Enfranchisement case for a Rotherhithe premises 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 remaining number of years on the lease was 101.61 years.