How do I check that the solicitor handling my conveyancing in Bermondsey is on the mortgage lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for HSBC Bank thus paying £192.00 in another set of legal bill.
You should take advantage of the search tool on this page. Please choose the mortgage company and type ‘Bermondsey’ or your preferred area and you will discover a number of lawyer located in Bermondsey or nearest you.
How does conveyancing in Bermondsey differ for newly converted properties?
Most buyers of new build premises in Bermondsey come to us having been asked by the developer to exchange contracts and commit to the purchase even before the property is ready to move into. This is because house builders in Bermondsey tend to buy the site, 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 accustomed to new build conveyancing in Bermondsey or who has acted in the same development.
How can the Landlord & Tenant Act 1954 impact my commercial premises in Bermondsey and how can your lawyers assist?
The particular law that you refer to gives security of tenure to business leaseholders, giving them the right to make a request to court for a continuation of occupancy at the end of an expired lease. There are certain specified grounds where a landlord can refrain from granting a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing solicitors who use the act to your advantage and help with commercial conveyancing in Bermondsey
My cousin has suggested that I use his conveyancing solicitors in Bermondsey. Should I find my own property lawyer?
No doubt it’s preferable to find a conveyancing solicitor is to get recommendations from friends or family who have actually used the firm you're contemplating using.
What are your top tips when it comes to choosing a Bermondsey conveyancing practice to deal with our lease extension?
When appointing a solicitor for lease extension works (regardless if they are a Bermondsey conveyancing practice) it is imperative that he or she should be familiar with the legislation and specialises in this area of conveyancing. We recommend that you talk with two or three firms including non Bermondsey conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions might be of use:
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How experienced is the firm with lease extension legislation? Can they put you in touch with clients in Bermondsey who can give a testimonial?
I am the registered owner of a first floor flat in Bermondsey. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal determine the sum payable for the purchase of the freehold?
Most definitely. We are happy to put you in touch with a Bermondsey conveyancing firm who can help.
An example of a Freehold Enfranchisement matter before the tribunal for a Bermondsey premises is 1-41 Royal Tower Lodge 40 Cartwright Street in April 2013. the tribunal adding the agreed value of capitalised ground rents and the reversion the price to be paid for the freehold was £1,187,000 This case was in relation to 41 flats. The number of years remaining on the existing lease(s) was 107 years.