I'm in the process of porting my existing standard home loan to a BTL Godiva Mortgages Ltd mortgage. I have been informed by my broker that I require a conveyancer for this. I spoke to my previous South Norwood conveyancing solicitor who dealt with the legals when I first bought the property. The quote supplied of £450 plus VAT is surprising as I am not require purchase conveyancing - it’s simply a straightforward remortgage.
The estimate does seem a tad on the high side. Where you are prepared to spend time contrasting quotes you might shave off some of the expense by say a hundred pounds. That being said, if you were pleased with the legal work the firm offered you couldlive to rue opting for an an untested solicitor. If is important to ensure the solicitor can represent Godiva Mortgages Ltd. You can use our search tool to choose a South Norwood conveyancing firm on the Godiva Mortgages Ltd member panel, which can often include conveyancing solicitors in South Norwood.
I have given 2 months notice to my existing landlord and have to leave my rented apartment in South Norwood by 20/6/2025. Conveyancing on my purchase has just started. Can I complete in six weeks as don't want to have to find temporary accommodation?
Generally one should not provide notice for your lease unless exchange of contracts has taken place. If you have not previously done so, speak to your conveyancer and urge them to they seek the assistance the sellers lawyers, try to an acceptable time-line that all parties will aim towards
I opted to have a survey completed on a house in South Norwood before instructing conveyancers. I have been informed that there is a flying freehold aspect to the house. The surveyor has said that some banks tend not give a mortgage on this type of home.
It depends who your proposed lender is. Lloyds has different instructions for example to Halifax. Should you wish to call us we can investigate further via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in South Norwood. Conveyancing may be slightly more expensive based on your lender's requirements.
Is it possible to transfer to a new conveyancer as I need to instruct one who is on the Godiva Mortgages Ltd conveyancing list. I was using a high street conveyancing solicitor in South Norwood five minutes from me but he is not approved by Godiva Mortgages Ltd
It would be our pleasure to assist you find a conveyancing solicitor in South Norwood on the Godiva Mortgages Ltd panel. Please note that the law firms that we list do not pay us commission if you instruct them and are regulated by the SRA who oversee all conveyancing solicitors in South Norwood. In making use of the find a conveyancing solicitor tool on this page, you can compare and instruct different solicitors and conveyancers both nationally and in South Norwood.
I am in need of some leasehold conveyancing in South Norwood. Before I get started I want to be sure as to the remaining lease term.
If the lease is recorded at the land registry - and almost all are in South Norwood - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Following years of correspondence we simply can't agree with our landlord on how much the lease extension should cost for our flat in South Norwood. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
in cases where there is a missing landlord or where there is disagreement about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the First-tier Tribunal (Property Chamber) to determine the sum to be paid.
An example of a Lease Extension case for a South Norwood residence is Flats 55, 67 & 70 Melbourne Court Anerley Road in July 2013. The tribunal calculated that the premium for the extended lease at £48,366.00 for at 55, and £88,329.00 for ats 67 and 70 combined. This case was in relation to 1 flat. The remaining number of years on the lease was 26.38 years.
My aim is to acquire a garden apartment in South Norwood. Conveyancing lawyer has been waiting for, from the seller, building insurance paperwork. This afternoon I was informed that the owner must forward the insurance schedule for the flat above as well. Why would my property lawyer need to check the insurance for the flat above? Is it really necessary? We have been stalled for the previous month…
It is not unheard of in leasehold conveyancing in South Norwood to discover Conveyancing in South Norwood in a minority of cases reveals that the lease obliges the tenant's to insure their individual flats rather than the freeholder insuring the complete block - which is clearly preferable. You should double check with your conveyancer but it would seem that your lawyer is seeking to establish that the entire building is insured. Insuring your flat is no help when it comes to rebuilding after a fire if the other flat cannot be rebuilt due to lack of insurance cover.